CSX CORP — Director's Dealing 2025

Feb 20, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSX CORP (CSX)
CIK: 0000277948
Period of Report: 2025-02-14

Reporting Person: Burns Michael S. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-14	Common Stock	F	666	$33.37	Disposed	40247	Direct
2025-02-14	Common Stock	F	161	$33.37	Disposed	40100	Direct
2025-02-14	Common Stock	F	251	$33.37	Disposed	39855	Direct
2025-02-14	Common Stock	A	9590	—	Acquired	49445	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-14	Option	$33.37	A	31500	Acquired	2035-02-14	Common Stock (31500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1748	Indirect

Footnotes

F1: Withholding of stock to satisfy tax obligation.

F2: Includes 88 shares acquired through the reinvestment of dividends since February 16, 2022, the grant date of the restricted stock units ("RSUs").

F3: Includes 14 shares acquired through the reinvestment of dividends since February 15, 2023, the grant date of the RSUs.

F4: Includes 6 shares acquired through the reinvestment of dividends since February 16, 2024, the grant date of the RSUs.

F5: Restricted stock units awarded pursuant to the CSX Corporation 2025-2027 Long-Term Incentive Plan. The units vest in three equal installments on February 14, 2026, February 14, 2027 and February 14, 2028.

F6: By Trustee, CSX Corporation Savings Thrift Plan. The number reflects equivalent shares of cash value held in CSX Stock Fund, which amounts will fluctuate dependent upon daily net asset value of the fund.

F7: Options awarded pursuant to the CSX Corporation 2025-2027 Long-Term Incentive Plan.

F8: The option vests in three equal installments on February 14, 2026, February 14, 2027 and February 14, 2028.