Norfolk Southern (NYSE: NSC) director credited dividend RSUs
Rhea-AI Filing Summary
NORFOLK SOUTHERN CORP (NSC) reported that a director, as the reporting person, received a grant of restricted stock units as a form of dividend equivalent under the company’s Long-Term Incentive Plan. On 2026-08-20, the reporting person acquired 7.0878 restricted stock units, credited based on the market value of Norfolk Southern common stock on the dividend payment date, increasing their directly held restricted stock units to 1,833.6607. These units are stated to be ultimately settled in common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Clyburn William Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 7.0878 | $347.905 | $2K |
Holdings After Transaction:
Restricted Stock Units — 1,833.6607 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: 7.0878 units
Price basis per share: $347.9050
Restricted stock units following transaction: 1,833.6607 units
+1 more
4 metrics
Restricted stock units acquired
7.0878 units
Dividend equivalent credit on 2026-08-20
Price basis per share
$347.9050
Market value of common stock on dividend payment date used to calculate units
Restricted stock units following transaction
1,833.6607 units
Total restricted stock units directly held after grant
Underlying common stock shares
7.0878 shares
Common stock underlying the new restricted stock units
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 disclose in this Form 4?
The filing reports that a director, as the reporting person, acquired 7.0878 restricted stock units on 2026-08-20 as dividend equivalents under Norfolk Southern’s Long-Term Incentive Plan, which will ultimately be settled in common stock.
How many Norfolk Southern (NSC) restricted stock units does the reporting person hold after this transaction?
Following the transaction, the reporting person directly holds a total of 1,833.6607 restricted stock units, which, according to the disclosure, will ultimately be satisfied in Norfolk Southern common stock.
What was the basis for calculating the new NSC restricted stock units in this Form 4?
The 7.0878 restricted stock units were credited as dividend equivalent payments and were calculated based on the market value of Norfolk Southern common stock on the dividend payment date.
What type of security was involved in the NSC director’s Form 4 transaction?
The transaction involved Restricted Stock Units that are part of Norfolk Southern’s Long-Term Incentive Plan. Each unit represents the right to receive common stock in the future, with these specific units arising from dividend equivalent payments.
Was the NSC Form 4 transaction a market purchase or sale of common stock?
No. The Form 4 reports a grant/award acquisition of restricted stock units as dividend equivalents under a Long-Term Incentive Plan, not an open-market purchase or sale of Norfolk Southern common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
