SEC Form 4 · accession 0001225208-17-010600
NORFOLK SOUTHERN CORP · NSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marta R Stewart
Officer — EVP-Finance and CFO
Period of report
May 26, 2017
Accepted (ET)
May 31, 2017 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000702165
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 26, 2017 | G | 133 | $0.00 | D | 3,566 | D | |
| Common StockF2 | May 26, 2017 | S | 2,093 | $121.98 | D | 15,633 | I | By Revocable Trust |
| Common StockF3 | holding | — | — | — | 2,823 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 16,332 | I | By GRATs |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Excludes 16,332 shares which remain held indirectly in grantor retained annuity trusts (GRATs), previously held directly.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.9867 to $121.99, inclusive.
- F3Represents the approximate number of whole shares of Common Stock estimated -- on the basis of the unit accounting system used by the Plan Administrator -- as of May 26, 2017, to have been credited to the reporting person's account in the Norfolk Southern Corporation Thrift and Investment Plan (TIP), a trusteed 401(k) plan. In accordance with TIP's terms applicable to all participants, acquisitions were made at various times and at various prices.