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NSC Norfolk Southern Corp

239.88
-0.95 (-0.39%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Norfolk Southern Corp NYSE:NSC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.95 -0.39% 239.88 242.6384 238.11 238.11 1,461,076 22:05:01

Initial Statement of Beneficial Ownership (3)

06/01/2023 10:04pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Duncan Paul B
2. Date of Event Requiring Statement (MM/DD/YYYY)
1/1/2023 

3. Issuer Name and Ticker or Trading Symbol

NORFOLK SOUTHERN CORP [NSC]
(Last)        (First)        (Middle)

650 W PEACHTREE ST NW
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
EVP & Chief Operating Officer /
(Street)

ATLANTA, GA 30308      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock (1)4.0000 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Option (right to buy, granted 2022) (2)10/27/2026 10/26/2032 Common Stock 270.0000 $225.0100 D  
Restricted Stock Units 4/28/2023 1/27/2026 Common Stock 750.0000 (3) (4)D  
Restricted Stock Units 4/28/2023 3/2/2024 Common Stock 3010.0000 (5) (4)D  
Restricted Stock Units 10/27/2023 1/27/2026 Common Stock 210.0000 (3) (4)D  

Explanation of Responses:
(1) On November 10, 2022, the Corporation's Board of Directors elected the reporting person to his current position and designated him an "Executive Officer" for purposes of Section 16, effective January 1, 2023. Accordingly, this Form 3 reports the reporting person's direct and indirect holdings of Common Stock and derivative securities on the effective date of his designation.
(2) Employee stock options (right to buy) granted under the Norfolk Southern Corporation Long-Term Incentive Plan.
(3) These Units will vest ratably in four annual installments.
(4) Reports the total number of Restricted Stock Units granted to the reporting person under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These units will ultimately be satisfied in shares of Norfolk Southern Corporation Common Stock.
(5) These Units will vest ratably in two annual installments.

Remarks:
duncanpoa.txt

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Duncan Paul B
650 W PEACHTREE ST NW
ATLANTA, GA 30308


EVP & Chief Operating Officer

Signatures
Denise W. Hutson via P.O.A. for Paul B. Duncan1/6/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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