Norfolk Southern director awarded stock units
Huffard John C Jr reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Huffard John C Jr reported acquisition or exercise transactions in this Form 4 filing.
NORFOLK SOUTHERN CORP director John C. Huffard Jr reported two compensation-related awards on May 20, 2026. He received 22.4811 restricted stock units as dividend-equivalent credits under the Long-Term Incentive Plan, which will ultimately be settled in common stock. He also received 12.7350 deferred stock units as dividend-equivalent credits under the Directors' Deferred Fee Plan, which will be settled in cash at retirement or another elected time. Following these awards, his accounts held 5,274.3874 restricted stock units and 2,954.4277 deferred stock units, all reported as directly owned.
Insider Trade Summary
Grant/Award: 35.2161 shares
Grant/Award
2 txns
Insider
Huffard John C Jr
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units - Dir. Def. Fee Plan | 12.735 | $311.84 | $4K |
| Grant/Award | Restricted Stock Units | 22.4811 | $315.38 | $7K |
Holdings After Transaction:
Deferred Stock Units - Dir. Def. Fee Plan — 2,954.4277 contracts (Direct);
Restricted Stock Units — 5,274.3874 contracts (Direct)
Footnotes (2)
- F1. Reports the number of deferred stock units credited to the reporting person's account in the Norfolk Southern Corporation Directors' Deferred Fee Plan in the form of a deemed reinvestment of dividends on deferred stock units held under the plan, calculated on the basis of the closing market value of the company's common stock on the dividend payment date. These units ultimately will be satisfied in cash, not in shares of common stock, upon the reporting person's retirement or at such other time as may be elected under the terms of the plan.
- F2. 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 granted: 22.4811 units
Price per RSU underlying share: $315.3800 per share
Deferred stock units credited: 12.7350 units
+3 more
6 metrics
Restricted stock units granted
22.4811 units
Dividend-equivalent credit on May 20, 2026
Price per RSU underlying share
$315.3800 per share
Basis for restricted stock unit dividend equivalent
Deferred stock units credited
12.7350 units
Directors' Deferred Fee Plan dividend equivalent
Price per deferred unit underlying share
$311.8400 per share
Basis for deferred stock unit credit
Total RSUs after transaction
5,274.3874 units
Restricted stock units balance following May 20, 2026 award
Total deferred units after transaction
2,954.4277 units
Deferred stock units balance after dividend credit
Key Terms
Restricted Stock Units, Deferred Stock Units, Directors' Deferred Fee Plan, Long-Term Incentive Plan, +1 more
5 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.
Deferred Stock Units financial
"Reports the number of deferred stock units credited to the reporting person's account"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Directors' Deferred Fee Plan financial
"credited to the reporting person's account in the Norfolk Southern Corporation Directors' Deferred Fee Plan"
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.
dividend equivalent payments financial
"in the form of dividend equivalent payments on restricted stock units held under the plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Norfolk Southern (NSC) director John C. Huffard Jr report?
Director John C. Huffard Jr reported two acquisition transactions, both coded as grants. He received additional restricted stock units and deferred stock units as dividend-equivalent credits tied to Norfolk Southern common stock under existing director and long-term incentive plans.
How many restricted stock units did the Norfolk Southern (NSC) director receive?
He received 22.4811 restricted stock units as a dividend-equivalent credit. These units were calculated using the market value of Norfolk Southern common stock on the dividend payment date and will ultimately be satisfied in shares of common stock under the Long-Term Incentive Plan.
What are the deferred stock units reported by Norfolk Southern (NSC) director Huffard?
He received 12.7350 deferred stock units credited under the Directors' Deferred Fee Plan. These units reflect dividend reinvestments based on the closing market value on the dividend date and will be settled in cash at retirement or another time elected under the plan.
At what prices were Norfolk Southern (NSC) stock-based units credited in this Form 4?
The restricted stock units were credited at $315.3800 per underlying share, while the deferred stock units were credited at $311.8400 per underlying share. Both prices are based on Norfolk Southern common stock values on the relevant dividend payment date.
What are the director’s total Norfolk Southern (NSC) unit holdings after these transactions?
After the transactions, the account held 5,274.3874 restricted stock units and 2,954.4277 deferred stock units. Both positions are reported as directly owned, representing accumulated awards and dividend-equivalent credits under Norfolk Southern’s director and long-term incentive plans.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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