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NORFOLK SOUTHERN CORP Director's Dealing 2021

Feb 2, 2021

29951_dirs_2021-02-02_afbbd1ea-8f5a-4efc-aebf-510a72141fbc.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORFOLK SOUTHERN CORP (NSC)
CIK: 0000702165
Period of Report: 2021-02-01

Reporting Person: Allison Clyde H Jr (Vice President and Controller)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-01 Common Stock M 222.0000 $0.0000 Acquired 41837.2022 Direct
2021-02-01 Common Stock F 62.0000 $239.5150 Disposed 41775.2022 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-02-01 Restricted Stock Units $ M 222.0000 Disposed 2024-01-30 Common Stock (222.0000) Direct

Footnotes

F1: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 30, 2020, 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 ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of four installments.