Norfolk Southern (NYSE: NSC) director granted dividend RSUs
Rhea-AI Filing Summary
For NORFOLK SOUTHERN CORP (NSC), director Gilbert H. Lamphere reported an acquisition of 2.4343 Restricted Stock Units on 2026-08-20. These units were credited as dividend equivalent payments under the Norfolk Southern Corporation Long-Term Incentive Plan and will ultimately be satisfied in common stock, bringing his directly held restricted stock units to 629.7679.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LAMPHERE GILBERT H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 2.4343 | $347.905 | $846.91 |
Holdings After Transaction:
Restricted Stock Units — 629.7679 shares (Direct)
Footnotes (1)
- F1. Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.
Key Figures
Restricted Stock Units acquired: 2.4343 units
Price basis per unit: $347.9050 per unit
Restricted Stock Units after transaction: 629.7679 units
3 metrics
Restricted Stock Units acquired
2.4343 units
Credited on 2026-08-20 as dividend equivalent payments
Price basis per unit
$347.9050 per unit
Based on market value of common stock on dividend payment date
Restricted Stock Units after transaction
629.7679 units
Total directly held Restricted Stock Units following the award
Key Terms
Restricted Stock Units, dividend equivalent payments, Long-Term Incentive Plan
3 terms
Restricted Stock Units financial
"Reports the number of restricted stock units credited to the reporting person's account"
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.
dividend equivalent payments financial
"in the form of dividend equivalent payments on restricted stock units held"
Long-Term Incentive Plan financial
"credited to the reporting person's account in 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.
FAQ
What insider transaction did NSC director Gilbert H. Lamphere report on this Form 4?
Gilbert H. Lamphere reported an acquisition of 2.4343 Restricted Stock Units on 2026-08-20. The units were credited as dividend equivalent payments under the company’s Long-Term Incentive Plan and will ultimately be settled in common stock.
How many Restricted Stock Units does Gilbert H. Lamphere hold in NSC after this transaction?
Following the reported transaction, Gilbert H. Lamphere holds 629.7679 Restricted Stock Units directly. These units are scheduled to be ultimately satisfied in Norfolk Southern common stock under the Long-Term Incentive Plan.
Was the NSC insider transaction a purchase or a grant of equity?
The transaction was reported as a grant/award acquisition of Restricted Stock Units, not an open-market purchase. The 2.4343 units were credited as dividend equivalent payments tied to existing restricted stock units.
How were the new NSC Restricted Stock Units for Gilbert H. Lamphere calculated?
The 2.4343 Restricted Stock Units were calculated as dividend equivalent payments on restricted stock units held under the Norfolk Southern Corporation Long-Term Incentive Plan, based on the market value of the company’s common stock on the dividend payment date.
Does this NSC Form 4 indicate any stock sales by Gilbert H. Lamphere?
No. The Form 4 reports only an acquisition of 2.4343 Restricted Stock Units as dividend equivalent payments. There are no sales or dispositions reported in this filing.
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