Norfolk Southern (NYSE: NSC) director logs dividend-based unit awards
Rhea-AI Filing Summary
NORFOLK SOUTHERN CORP (NSC) director John C. Huffard Jr. reported two compensation-related acquisitions of derivative awards. He received 12.1629 deferred stock units under the Directors' Deferred Fee Plan, credited via deemed dividend reinvestment and ultimately payable in cash, bringing his holdings in these units to 3,135.0639.
He also received 20.4666 restricted stock units under the Long-Term Incentive Plan as dividend equivalent payments on existing RSUs, bringing total RSUs to 5,294.8540. These RSUs will ultimately be settled in common stock.
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Huffard John C Jr
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units - Dir. Def. Fee Plan F1 | 12.1629 | $346.62 | $4K |
| Grant/Award | Restricted Stock Units F2 | 20.4666 | $347.905 | $7K |
Holdings After Transaction:
Deferred Stock Units - Dir. Def. Fee Plan — 3,135.0639 shares (Direct);
Restricted Stock Units — 5,294.854 shares (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
Deferred stock units acquired: 12.1629 units
Price basis for deferred stock units: $346.6200 per unit
Deferred stock units after transaction: 3,135.0639 units
+3 more
6 metrics
Deferred stock units acquired
12.1629 units
Credited via dividend reinvestment under Directors' Deferred Fee Plan on 2026-08-20
Price basis for deferred stock units
$346.6200 per unit
Calculated using closing market value of common stock on the dividend payment date
Deferred stock units after transaction
3,135.0639 units
Total deferred stock units credited to the director's account after acquisition
Restricted stock units acquired
20.4666 units
Dividend equivalent payments on RSUs under Long-Term Incentive Plan on 2026-08-20
Price basis for restricted stock units
$347.9050 per unit
Calculated using market value of common stock on the dividend payment date
Restricted stock units after transaction
5,294.8540 units
Total restricted stock units credited to the director's account after acquisition
Key Terms
Deferred Stock Units, Directors' Deferred Fee Plan, Restricted Stock Units, Long-Term Incentive Plan, +1 more
5 terms
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"
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.
Long-Term Incentive Plan financial
"in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments"
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
"credited to the reporting person's account in the form of dividend equivalent payments"
FAQ
What did NSC director John C. Huffard Jr. report acquiring in this Form 4?
He reported acquiring 12.1629 deferred stock units under the Directors' Deferred Fee Plan and 20.4666 restricted stock units under the Long-Term Incentive Plan, both credited as dividend-related awards tied to Norfolk Southern common stock.
How many deferred stock units does John C. Huffard Jr. hold after this NSC filing?
After the reported transaction, John C. Huffard Jr. holds a total of 3,135.0639 deferred stock units credited under the Norfolk Southern Corporation Directors' Deferred Fee Plan.
How many restricted stock units does John C. Huffard Jr. hold in NSC after this transaction?
Following the award, he holds 5,294.8540 restricted stock units under the Norfolk Southern Corporation Long-Term Incentive Plan, which are scheduled to be ultimately satisfied in shares of common stock.
Will the deferred stock units reported by the NSC director be paid in stock?
No. The deferred stock units under the Directors' Deferred Fee Plan are described as ultimately being satisfied in cash, not in shares of common stock, generally upon retirement or another time elected under the plan.
How are the newly reported NSC units calculated for the director?
Both the deferred stock units and restricted stock units arise from dividend-related credits, calculated based on the market or closing value of Norfolk Southern common stock on the relevant dividend payment date.
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