ELKINS CLAUDE E (EVP & Chief Marketing Officer) received a stock award from NORFOLK SOUTHERN CORP

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 1 award

ELKINS CLAUDE E

Filed: 2/3/2025ACC: 0001225208-25-001107

InsiderELKINS CLAUDE ECIK 1898689

→

IssuerNORFOLK SOUTHERN CORPCIK 702165

Officer· EVP & Chief Marketing Officer

Since Dec 2021

+9.60K

Net shares

Net buyer

$176.5K

Total sold

Open market trades

0B · 0S

Total transactions

10.81K acquired · 1.21K disposed

Non-Derivative Transactions4

Common Stock

Direct

A · Award

+1.09K

Price / share

—

Trade value

—

% of position

147.2%

1/30/2025

738.00→1.82K

Common Stock

Direct

M · Option Exercise

+527.00

Price / share

—

Trade value

—

% of position

28.9%

1/30/2025

1.82K→2.35K

Common Stock

Direct

F · Tax Withholding

−224.00

Price / share

$257.26

Trade value

$57.63K

% of position

9.5%

1/30/2025

2.35K→2.13K

Common Stock

Direct

F · Tax Withholding

−462.00

Price / share

$257.26

Trade value

$118.85K

% of position

21.7%

1/30/2025

2.13K→1.67K

Total

Net shares

+927.00

Net value

-$176.48K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/30/2025	A · Award	+1.09K	—	—	147.2%	738.00	1.82K
Common Stock Direct	1/30/2025	M · Option Exercise	+527.00	—	—	28.9%	1.82K	2.35K
Common Stock Direct	1/30/2025	F · Tax Withholding	−224.00	$257.26	$57.63K	9.5%	2.35K	2.13K
Common Stock Direct	1/30/2025	F · Tax Withholding	−462.00	$257.26	$118.85K	21.7%	2.13K	1.67K
Total			+927.00		-$176.48K

Derivative Transactions3

Option (right to buy, granted 2025)

Direct

A · Award

Converts to

Common Stock

6.87K shares

+6.87K

Strike price

257.2600

Held after

6.87K

Exercisable

—

1/30/2025

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

2.33K shares

+2.33K

Strike price

Held after

Exercisable

—

1/30/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

527.00 shares

−527.00

Strike price

Held after

5.47K

Exercisable

—

1/30/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Option (right to buy, granted 2025) Direct	Common Stock6.87K shares	1/30/2025	A · Award	+6.87K	257.2600	—	6.87K
Restricted Stock Units Direct	Common Stock2.33K shares	1/30/2025	A · Award	+2.33K		—	6K
Restricted Stock Units Direct	Common Stock527.00 shares	1/30/2025	M · Option Exercise	−527.00		—	5.47K

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned128.04

Total

128.04 indirect128.04

Security Title	Shares Owned	Ownership Type
Common Stock	128.04	Indirect
Total	128.04	128.04 indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported