Norfolk Southern (NYSE: NSC) director RSUs reach 2,155.9242 after dividend credit
Rhea-AI Filing Summary
NORFOLK SOUTHERN CORP (NSC) reported that director Francesca A. DeBiase received an automatic acquisition of 8.3334 Restricted Stock Units on 2026-08-20. These RSUs were credited as dividend equivalent payments under the company’s Long-Term Incentive Plan and will ultimately be settled in common stock, bringing her directly held RSU balance to 2,155.9242 units.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DeBiase Francesca A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 8.3334 | $347.905 | $3K |
Holdings After Transaction:
Restricted Stock Units — 2,155.9242 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: 8.3334 units
Reference market value per share: $347.9050 per share
Total RSUs following transaction: 2,155.9242 units
+1 more
4 metrics
Restricted Stock Units acquired
8.3334 units
Dividend equivalent RSUs credited on 2026-08-20 under Long-Term Incentive Plan
Reference market value per share
$347.9050 per share
Basis for calculating dividend equivalent payments on RSUs
Total RSUs following transaction
2,155.9242 units
Directly held Restricted Stock Units after the credited dividend equivalents
Underlying security
8.3334 shares of Common Stock
RSUs ultimately will be satisfied in Norfolk Southern common stock
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
"in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend"
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 Francesca A. DeBiase report?
She reported an acquisition of 8.3334 Restricted Stock Units on 2026-08-20, credited as dividend equivalent payments under Norfolk Southern’s Long-Term Incentive Plan and ultimately to be settled in common stock.
At what value were the new RSUs for NSC recorded for Francesca A. DeBiase?
The 8.3334 Restricted Stock Units were credited at a reference value of $347.9050 per share, based on the market value of Norfolk Southern common stock on the dividend payment date.
How many Restricted Stock Units does Francesca A. DeBiase now hold at NSC?
Following this transaction, Francesca A. DeBiase holds a total of 2,155.9242 Restricted Stock Units directly, which are ultimately expected to be satisfied in Norfolk Southern common stock.
What is the nature of the RSU grant reported for NSC in this Form 4?
The Form 4 reports RSUs credited as dividend equivalent payments on existing restricted stock units under the Norfolk Southern Corporation Long-Term Incentive Plan, rather than a discretionary grant of a new award.
Will the RSUs reported by Francesca A. DeBiase at NSC be paid in cash or stock?
According to the disclosure, the Restricted Stock Units credited to Francesca A. DeBiase’s account under the Long-Term Incentive Plan ultimately will be satisfied in common stock of Norfolk Southern.
AI-generated analysis. How Rhea-AI works. Not financial advice.
