STOCK TITAN

[Form 4] CSX Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

BellRing Brands, Inc. (BRBR) – Form 4 insider filing

Director Thomas P. Erickson acquired 647.316 deferred Common Stock Equivalents on 01 Jul 2025 at a reference price of $57.93 per share under the company’s Deferred Compensation Plan for Directors. These units represent quarterly deferral of the director’s cash retainer and will be settled one-for-one in BellRing common stock upon his retirement from the board. Following the transaction, Erickson’s total beneficial ownership rose to 19,162.874 stock equivalents. No shares were sold and no non-derivative transactions were reported.

The transaction is coded “A” (acquisition) and was filed on 02 Jul 2025. Because the award is part of routine board compensation rather than an open-market purchase, market impact is expected to be limited. However, continued accumulation modestly aligns the director’s economic interests with shareholders.

BellRing Brands, Inc. (BRBR) – Comunicazione interna Form 4

Il direttore Thomas P. Erickson ha acquisito 647.316 equivalenti azionari comuni differiti il 01 lug 2025 a un prezzo di riferimento di $57,93 per azione nell’ambito del Piano di Compensazione Differita per Direttori della società. Queste unità rappresentano il rinvio trimestrale del compenso in contanti del direttore e verranno convertite uno a uno in azioni ordinarie BellRing al momento del suo pensionamento dal consiglio. Dopo l’operazione, la proprietà beneficiaria totale di Erickson è salita a 19.162.874 equivalenti azionari. Non sono state vendute azioni né segnalate transazioni non derivate.

L’operazione è stata classificata come “A” (acquisizione) ed è stata presentata il 02 lug 2025. Poiché il premio fa parte della normale compensazione del consiglio e non di un acquisto sul mercato aperto, l’impatto sul mercato è previsto limitato. Tuttavia, l’accumulo continuo allinea moderatamente gli interessi economici del direttore con quelli degli azionisti.

BellRing Brands, Inc. (BRBR) – Presentación interna Formulario 4

El director Thomas P. Erickson adquirió 647.316 equivalentes diferidos de acciones comunes el 01 de julio de 2025 a un precio de referencia de $57.93 por acción bajo el Plan de Compensación Diferida para Directores de la compañía. Estas unidades representan la postergación trimestral de la retención en efectivo del director y se liquidarán uno a uno en acciones comunes de BellRing cuando se retire de la junta. Tras la transacción, la propiedad beneficiaria total de Erickson aumentó a 19.162.874 equivalentes en acciones. No se vendieron acciones ni se reportaron transacciones no derivadas.

La transacción está codificada como “A” (adquisición) y fue presentada el 02 de julio de 2025. Dado que el premio forma parte de la compensación rutinaria del consejo y no de una compra en el mercado abierto, se espera que el impacto en el mercado sea limitado. Sin embargo, la acumulación continua alinea modestamente los intereses económicos del director con los de los accionistas.

BellRing Brands, Inc. (BRBR) – 내부자 신고서 Form 4

이사 Thomas P. Erickson2025년 7월 1일 회사의 이사 지연 보상 계획에 따라 주당 $57.93의 기준 가격으로 647.316개의 연기된 보통주 등가물을 취득했습니다. 이 단위들은 이사의 현금 보수 분기의 연기를 나타내며, 이사가 이사회에서 은퇴할 때 1대1로 BellRing 보통주로 지급됩니다. 거래 후 Erickson의 총 실질 소유 지분은 19,162.874 주 등가물로 증가했습니다. 주식 판매나 비파생 거래는 보고되지 않았습니다.

거래는 “A”(취득)로 분류되었으며 2025년 7월 2일에 신고되었습니다. 이 보상은 공개 시장에서의 매입이 아닌 정기 이사회 보상의 일부이므로 시장에 미치는 영향은 제한적일 것으로 예상됩니다. 그러나 지속적인 누적은 이사의 경제적 이익을 주주와 다소 일치시킵니다.

BellRing Brands, Inc. (BRBR) – Déclaration d’initié Formulaire 4

Le directeur Thomas P. Erickson a acquis 647 316 équivalents d’actions ordinaires différées le 1er juillet 2025 à un prix de référence de 57,93 $ par action dans le cadre du Plan de rémunération différée pour les administrateurs de la société. Ces unités représentent le report trimestriel de la rémunération en espèces de l’administrateur et seront réglées à raison d’une action BellRing ordinaire par unité lors de son départ du conseil d’administration. Après cette opération, la propriété bénéficiaire totale d’Erickson est passée à 19 162,874 équivalents en actions. Aucune action n’a été vendue et aucune transaction non dérivée n’a été signalée.

La transaction est codée « A » (acquisition) et a été déposée le 2 juillet 2025. Étant donné que cette attribution fait partie de la rémunération habituelle du conseil plutôt que d’un achat sur le marché ouvert, l’impact sur le marché devrait être limité. Toutefois, cette accumulation continue aligne modestement les intérêts économiques de l’administrateur avec ceux des actionnaires.

BellRing Brands, Inc. (BRBR) – Insider-Meldung Form 4

Direktor Thomas P. Erickson erwarb am 01. Juli 2025 647.316 aufgeschobene Common Stock Equivalents zum Referenzpreis von 57,93 $ pro Aktie im Rahmen des Deferred Compensation Plan for Directors des Unternehmens. Diese Einheiten entsprechen der vierteljährlichen Aufschiebung der Barvergütung des Direktors und werden bei seinem Ausscheiden aus dem Vorstand eins zu eins in BellRing-Stammaktien umgewandelt. Nach der Transaktion stieg Ericksons gesamtes wirtschaftliches Eigentum auf 19.162.874 Aktienäquivalente. Es wurden keine Aktien verkauft und keine nicht-derivativen Transaktionen gemeldet.

Die Transaktion ist als „A“ (Erwerb) codiert und wurde am 02. Juli 2025 eingereicht. Da die Zuwendung Teil der routinemäßigen Vorstandsvergütung und kein Kauf am offenen Markt ist, wird der Markteinfluss als begrenzt eingeschätzt. Dennoch sorgt die fortgesetzte Ansammlung für eine moderate Angleichung der wirtschaftlichen Interessen des Direktors an die der Aktionäre.

Positive
  • Director increased beneficial ownership by 647.316 units, slightly improving management-shareholder alignment.
  • No insider sales were reported, removing potential negative signaling.
Negative
  • None.

Insights

TL;DR: Small, routine insider acquisition via deferred comp; neutral market impact.

The 647-share addition lifts Erickson’s ownership by ~3.5% to 19.2k equivalents—worth roughly $1.1 million at current prices. Because the units stem from an automatic, cash-in-lieu program rather than discretionary buying, signaling value is weak. No sales occurred, so the filing is marginally positive for governance but not a catalyst for BRBR’s valuation.

TL;DR: Routine deferred-fee conversion; consistent with best-practice board alignment.

Deferred stock equivalents keep directors invested in long-term performance, supporting shareholder alignment without immediate dilution—the shares are issued only at retirement. This structure meets typical governance standards. The incremental addition is immaterial to float (<0.001%) and carries neutral strategic significance.

BellRing Brands, Inc. (BRBR) – Comunicazione interna Form 4

Il direttore Thomas P. Erickson ha acquisito 647.316 equivalenti azionari comuni differiti il 01 lug 2025 a un prezzo di riferimento di $57,93 per azione nell’ambito del Piano di Compensazione Differita per Direttori della società. Queste unità rappresentano il rinvio trimestrale del compenso in contanti del direttore e verranno convertite uno a uno in azioni ordinarie BellRing al momento del suo pensionamento dal consiglio. Dopo l’operazione, la proprietà beneficiaria totale di Erickson è salita a 19.162.874 equivalenti azionari. Non sono state vendute azioni né segnalate transazioni non derivate.

L’operazione è stata classificata come “A” (acquisizione) ed è stata presentata il 02 lug 2025. Poiché il premio fa parte della normale compensazione del consiglio e non di un acquisto sul mercato aperto, l’impatto sul mercato è previsto limitato. Tuttavia, l’accumulo continuo allinea moderatamente gli interessi economici del direttore con quelli degli azionisti.

BellRing Brands, Inc. (BRBR) – Presentación interna Formulario 4

El director Thomas P. Erickson adquirió 647.316 equivalentes diferidos de acciones comunes el 01 de julio de 2025 a un precio de referencia de $57.93 por acción bajo el Plan de Compensación Diferida para Directores de la compañía. Estas unidades representan la postergación trimestral de la retención en efectivo del director y se liquidarán uno a uno en acciones comunes de BellRing cuando se retire de la junta. Tras la transacción, la propiedad beneficiaria total de Erickson aumentó a 19.162.874 equivalentes en acciones. No se vendieron acciones ni se reportaron transacciones no derivadas.

La transacción está codificada como “A” (adquisición) y fue presentada el 02 de julio de 2025. Dado que el premio forma parte de la compensación rutinaria del consejo y no de una compra en el mercado abierto, se espera que el impacto en el mercado sea limitado. Sin embargo, la acumulación continua alinea modestamente los intereses económicos del director con los de los accionistas.

BellRing Brands, Inc. (BRBR) – 내부자 신고서 Form 4

이사 Thomas P. Erickson2025년 7월 1일 회사의 이사 지연 보상 계획에 따라 주당 $57.93의 기준 가격으로 647.316개의 연기된 보통주 등가물을 취득했습니다. 이 단위들은 이사의 현금 보수 분기의 연기를 나타내며, 이사가 이사회에서 은퇴할 때 1대1로 BellRing 보통주로 지급됩니다. 거래 후 Erickson의 총 실질 소유 지분은 19,162.874 주 등가물로 증가했습니다. 주식 판매나 비파생 거래는 보고되지 않았습니다.

거래는 “A”(취득)로 분류되었으며 2025년 7월 2일에 신고되었습니다. 이 보상은 공개 시장에서의 매입이 아닌 정기 이사회 보상의 일부이므로 시장에 미치는 영향은 제한적일 것으로 예상됩니다. 그러나 지속적인 누적은 이사의 경제적 이익을 주주와 다소 일치시킵니다.

BellRing Brands, Inc. (BRBR) – Déclaration d’initié Formulaire 4

Le directeur Thomas P. Erickson a acquis 647 316 équivalents d’actions ordinaires différées le 1er juillet 2025 à un prix de référence de 57,93 $ par action dans le cadre du Plan de rémunération différée pour les administrateurs de la société. Ces unités représentent le report trimestriel de la rémunération en espèces de l’administrateur et seront réglées à raison d’une action BellRing ordinaire par unité lors de son départ du conseil d’administration. Après cette opération, la propriété bénéficiaire totale d’Erickson est passée à 19 162,874 équivalents en actions. Aucune action n’a été vendue et aucune transaction non dérivée n’a été signalée.

La transaction est codée « A » (acquisition) et a été déposée le 2 juillet 2025. Étant donné que cette attribution fait partie de la rémunération habituelle du conseil plutôt que d’un achat sur le marché ouvert, l’impact sur le marché devrait être limité. Toutefois, cette accumulation continue aligne modestement les intérêts économiques de l’administrateur avec ceux des actionnaires.

BellRing Brands, Inc. (BRBR) – Insider-Meldung Form 4

Direktor Thomas P. Erickson erwarb am 01. Juli 2025 647.316 aufgeschobene Common Stock Equivalents zum Referenzpreis von 57,93 $ pro Aktie im Rahmen des Deferred Compensation Plan for Directors des Unternehmens. Diese Einheiten entsprechen der vierteljährlichen Aufschiebung der Barvergütung des Direktors und werden bei seinem Ausscheiden aus dem Vorstand eins zu eins in BellRing-Stammaktien umgewandelt. Nach der Transaktion stieg Ericksons gesamtes wirtschaftliches Eigentum auf 19.162.874 Aktienäquivalente. Es wurden keine Aktien verkauft und keine nicht-derivativen Transaktionen gemeldet.

Die Transaktion ist als „A“ (Erwerb) codiert und wurde am 02. Juli 2025 eingereicht. Da die Zuwendung Teil der routinemäßigen Vorstandsvergütung und kein Kauf am offenen Markt ist, wird der Markteinfluss als begrenzt eingeschätzt. Dennoch sorgt die fortgesetzte Ansammlung für eine moderate Angleichung der wirtschaftlichen Interessen des Direktors an die der Aktionäre.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pelkey Sean R.

(Last) (First) (Middle)
500 WATER STREET
15TH FLOOR

(Street)
JACKSONVILLE FL 32202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CSX CORP [ CSX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/30/2025 J(1) 5,503(1) A $0(1) 112,912(2) D
Common Stock 06/30/2025 F 2,037(4) D $33.47 110,875 D
Common Stock 06/30/2025 J 5,503 D $32.63 25,925 I CSX Corporation Executive Deferred Compensation Plan(5)
Common Stock 1,073 I CSX Corporation 401(k) Plan(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Distribution of shares to the Reporting Person from the CSX Executive Deferred Compensation Plan (the "Plan") pursuant to an election made under the Plan by the Reporting Person on October 26, 2022.
2. Includes 662 shares acquired under the CSX Employee Stock Purchase Plan ("ESPP").
3. By Trustee, CSX Corporation Savings Thrift Plan. The number reflects equivalent shares of cash value held in CSX Stock Fund, which amounts will fluctuate dependent upon daily net asset value of the fund.
4. Withholding of stock to satisfy tax obligation.
5. By Trustee, CSX Corporation Executive Deferred Compensation Plan.
/s/ Tammy D. Butler, Attorney-in-Fact 07/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many BellRing Brands (BRBR) shares did Director Thomas P. Erickson acquire?

He acquired 647.316 deferred common stock equivalents on 01 Jul 2025.

What is the total BRBR ownership of the director after the transaction?

Erickson now beneficially owns 19,162.874 stock equivalents.

Was the transaction an open-market purchase?

No. It was an automatic deferred compensation conversion, coded "A" under Form 4.

Does this filing indicate any insider selling at BellRing Brands?

No insider sales were disclosed in this Form 4.

When will the stock equivalents convert into BRBR common stock?

The units convert one-for-one upon the director’s retirement from the board; they have no fixed expiration date.
Csx Corp

NASDAQ:CSX

CSX Rankings

CSX Latest News

CSX Stock Data

61.18B
1.87B
0.24%
81.95%
1.4%
Railroads
Railroads, Line-haul Operating
Link
United States
JACKSONVILLE