CSX Corporation President & CEO Stephen F. Angel reported an acquisition of phantom stock units through a deferred compensation plan. On the transaction date, 187 units of phantom stock, economically equivalent to common shares, were credited at $48.33 per unit.
Following this grant, Angel’s account under the CSX Executive Deferred Compensation Plan held 2,021 phantom stock units. Footnotes also indicate an additional 4.82 units were acquired in connection with a June 15, 2026 dividend paid at $47.39 per share, with all units payable in cash according to his prior distribution election.
CSX CORP director J Steven Whisler reported stock-based compensation rather than an open‑market trade. On June 15, 2026, he received 791 shares of CSX common stock at $47.39 per share as exempt payment of director’s fees under the 2019 CSX Stock and Incentive Award Plan.
These shares are held indirectly through the CSX Directors Deferred Compensation Plan and are payable after he ceases to be a director or according to his deferral election. After this award, one reported indirect balance totals 97,326 shares, while a separate direct holding line shows 126,354 shares. One of the reported balances includes 606 shares acquired via dividend reinvestment since March 13, 2026.
CSX CORP EVP & CFO Kevin S. Boone reported an exercise-and-sale transaction in company stock. On June 3, 2026, he exercised options to acquire a total of 136,708 shares of CSX common stock at exercise prices of $22.70 and $23.48 per share. The same day, he sold 136,708 shares of common stock in open-market transactions at a weighted average price of $46.70, with individual sale prices ranging from $46.66 to $46.74. Following these transactions, Boone directly holds 208,622 shares of CSX common stock, along with additional indirect holdings through a spouse’s IRA and the CSX Corporation 401(k) plan.
CSX CORP director John J. Zillmer sold 10,000 shares of CSX common stock in an open-market transaction on June 3, 2026. The shares were sold at a weighted average price of $46.45, with individual sale prices ranging from $46.43 to $46.50. After this sale, Zillmer directly holds 353,714 CSX shares, indicating he retained a substantial equity position in the company.
ANGEL STEPHEN F reported acquisition or exercise transactions in this Form 4 filing.
CSX CORP President & CEO Stephen F. Angel received an award of 197 units of phantom stock under the CSX Executive Deferred Compensation Plan. Each phantom stock unit is economically equivalent to one share of CSX common stock and will be settled in cash according to his prior distribution election.
These holdings are reported as indirect, held by the plan trustee, and bring his total phantom stock balance in this plan to 1,829 units. This is a compensation-related, non‑market transaction rather than an open‑market stock purchase.
CSX Corporation reported several governance and capital allocation updates. The company separated from employment with Executive Vice President and Chief Digital & Technology Officer Stephen Fortune, effective immediately. His severance benefits will follow the CSX Executive Severance Plan once a customary separation agreement and release are signed.
Steve Watkins, previously Vice President of Product Management for Rail Operations, will assume Fortune’s responsibilities and report to Executive Vice President and Chief Financial Officer Kevin S. Boone. Shareholders elected all listed director nominees and approved the other matters presented at the Annual Meeting, based on strong "for" vote totals.
The Board of Directors also authorized a new share repurchase program with $5 billion of additional capacity, supplementing approximately $989 million that remained under the existing program as of March 31, 2026. Repurchases may occur through open market purchases, Rule 10b5-1 plans, accelerated share repurchases, and negotiated block trades at the Board’s discretion.
ANGEL STEPHEN F reported acquisition or exercise transactions in this Form 4 filing.
CSX CORP President & CEO Stephen F. Angel reported a compensation-related transaction involving phantom stock tied to CSX common shares. He received an award of 200 units of phantom stock at an indicated value of $45.09 per unit, credited under the CSX Executive Deferred Compensation Plan.
Each phantom stock unit is economically equivalent to one share of CSX common stock but is payable in cash, according to the distribution election made at the time of deferral. Following this grant, his indirect holdings in this phantom stock account total 1,632 units, all held through the CSX Corporation Executive Deferred Compensation Plan trustee.
Vanguard Capital Management reported beneficial ownership of 139,956,863 shares of CSX Corp Common Stock, representing 7.52% of the class, via a Schedule 13G filing. The filing shows sole voting power for 19,123,808 shares and sole dispositive power for 139,956,863 shares. The filing was signed on 04/29/2026 by Ashley Grim as Head of Global Fund Administration.