NORFOLK SOUTHERN CORP — Director's Dealing 2021

Feb 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORFOLK SOUTHERN CORP (NSC)
CIK: 0000702165
Period of Report: 2021-02-19

Reporting Person: Adams Ann A (EVP-Chief Transform. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-19	Common Stock	M	2460.0000	$70.3200	Acquired	9600.5119	Direct
2021-02-19	Common Stock	S	2460.0000	$255.0000	Disposed	7140.5119	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-19	Option (right to buy, granted 2016)	$70.3200	M	2460.0000	Disposed	2026-01-27	Common Stock (2460.0000)	Direct

Footnotes

F1: Reflects exercise and resulting cancellation of stock option, in a single transaction, exempt from Section 16(b). The stock option was granted under the Long-Term Incentive Plan (a Rule 16b-3 plan).