STOCK TITAN

Norfolk Southern (NSC) COO Brian Barr discloses initial stock, RSU and option holdings

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

NORFOLK SOUTHERN CORP reported the initial holdings of its new Chief Operating Officer, Brian Barr, as he was designated an “Executive Officer” for Section 16 purposes on June 1, 2026. The filing shows direct ownership of 818 shares of common stock.

He also holds restricted stock units that are economically equivalent to common shares, including 1,307, 823, and 818 underlying common shares that will vest in annual installments under the company’s Long-Term Incentive Plan. In addition, he holds an employee stock option for 286 underlying common shares at an exercise price of $257.26 per share, expiring in 2035.

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Insider Barr Brian
Role Chief Operating Officer
Type Security Shares Price Value
holding Option (right to buy, granted 2025) -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Option (right to buy, granted 2025) — 286 shares (Direct); Restricted Stock Units — 2,948 shares (Direct); Common Stock — 818 shares (Direct)
Footnotes (5)
  1. F1. On June 1, 2026, the Corporation's Board of Directors elected the reporting person to his current position and designated him an "Executive Officer" for purposes of Section 16. Accordingly, this Form 3 reports the reporting person's direct and indirect holdings of Common Stock and derivative securities on the effective date of his designation.
  2. F2. Employee stock options (right to buy) granted under the Norfolk Southern Corporation Long-Term Incentive Plan.
  3. F3. These Units will vest ratably in two annual installments.
  4. F4. Reports the total number of Restricted Stock Units granted to the reporting person under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These units will ultimately be satisfied in shares of Norfolk Southern Corporation Common Stock.
  5. F5. These Units will vest ratably in three annual installments.
Direct common shares 818 shares Direct ownership as of June 1, 2026
RSUs tranche 1 1,307 underlying shares Restricted Stock Units, 0.0000 exercise price
RSUs tranche 2 823 underlying shares Restricted Stock Units, 0.0000 exercise price
RSUs tranche 3 818 underlying shares Restricted Stock Units, 0.0000 exercise price
Stock option underlying shares 286 underlying shares Employee stock option granted under Long-Term Incentive Plan
Stock option exercise price $257.26 per share Option expiring January 29, 2035
Executive Officer regulatory
"designated him an "Executive Officer" for purposes of Section 16"
Section 16 regulatory
"designated him an "Executive Officer" for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Restricted Stock Units financial
"Reports the total number of Restricted Stock Units granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long-Term Incentive Plan financial
"granted under the Norfolk Southern Corporation Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Employee stock options financial
"Employee stock options (right to buy) granted under the Norfolk Southern Corporation Long-Term Incentive Plan"
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the Brian Barr Form 3 filing mean for Norfolk Southern (NSC)?

The Form 3 shows Brian Barr’s initial equity holdings as he became a Section 16 executive officer. It lists his direct common stock, restricted stock units, and options, helping investors understand his equity-based alignment with Norfolk Southern shareholders.

How many Norfolk Southern (NSC) common shares does Brian Barr directly hold?

Brian Barr directly holds 818 shares of Norfolk Southern common stock. This position is disclosed as of his June 1, 2026 designation as an executive officer, providing a baseline of his direct share ownership for future Form 4 transaction reporting.

What restricted stock units does Brian Barr hold in Norfolk Southern (NSC)?

Brian Barr holds several tranches of restricted stock units tied to Norfolk Southern common stock, including 1,307, 823, and 818 underlying shares. These units vest in annual installments under the Long-Term Incentive Plan and will ultimately be settled in common stock.

What stock options does Brian Barr have at Norfolk Southern (NSC)?

Brian Barr holds an employee stock option covering 286 underlying Norfolk Southern common shares with a $257.26 exercise price. Granted under the Long-Term Incentive Plan, this option becomes exercisable starting January 30, 2028 and expires January 29, 2035.

Does this Norfolk Southern (NSC) Form 3 show any insider buying or selling?

The Form 3 does not show insider buying or selling activity. It is an initial ownership report filed when Brian Barr became a Section 16 executive officer, listing his existing common stock, restricted stock units, and stock options as of that date.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Barr Brian

(Last)(First)(Middle)
650 W PEACHTREE ST NW

(Street)
ATLANTA GEORGIA 30308

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
06/01/2026
3. Issuer Name and Ticker or Trading Symbol
NORFOLK SOUTHERN CORP [ NSC ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1)818D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Option (right to buy, granted 2025)(2)01/30/202801/29/2035Common Stock286$257.26D
Restricted Stock Units01/30/202701/30/2028Common Stock818(3)(4)D
Restricted Stock Units01/30/202701/30/2029Common Stock823(5)(4)D
Restricted Stock Units10/24/202610/24/2027Common Stock1,307(3)(4)D
Explanation of Responses:
1. On June 1, 2026, the Corporation's Board of Directors elected the reporting person to his current position and designated him an "Executive Officer" for purposes of Section 16. Accordingly, this Form 3 reports the reporting person's direct and indirect holdings of Common Stock and derivative securities on the effective date of his designation.
2. Employee stock options (right to buy) granted under the Norfolk Southern Corporation Long-Term Incentive Plan.
3. These Units will vest ratably in two annual installments.
4. Reports the total number of Restricted Stock Units granted to the reporting person under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These units will ultimately be satisfied in shares of Norfolk Southern Corporation Common Stock.
5. These Units will vest ratably in three annual installments.
Remarks:
barrpoa060126.txt
J. Jeremy Ballard via P.O.A. for Brian Barr06/09/2026
** Signature of Reporting PersonDate
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 5 (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.
* Form 3: SEC 1473 (03-26)