CSX Corp President & CEO Stephen F. Angel Acquires Phantom Stock Under Deferred Comp Plan
CSX CORP
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Filing Summary
=== SEC FORM 4 INSIDER FILING ===
Company: CSX CORP (CSX)
Insider: ANGEL STEPHEN F
Title: President & CEO
Transaction: Acquisition (Phantom Stock)
Date: 2026-09-01
Shares: 185
Price: $48.70
Total Value: $9,009.50
Ending Balance:2,387 phantom shares
Significance: Low (Routine Deferred Comp)
Comprehensive Analysis
Executive Summary
On September 1, 2026, Stephen F. Angel, President & CEO and Director of CSX Corp ($CSX), acquired 185 units of Phantom Stock at a stated price of $48.70 per unit, totaling $9,009.50.
Transaction Breakdown
- Security Type: Phantom Stock (Derivative)
- Transaction Code:
A(Grant/Award/Deferred Acquisition) - Ownership Nature: Indirect via the CSX Executive Deferred Compensation Plan (Trustee-held)
- Post-Transaction Holdings: 2,387 units of Phantom Stock
- Terms: Each unit represents the economic equivalent of one share of CSX Common Stock, payable in cash per the reporting person's distribution election.
Significance Assessment
This filing represents a routine, small-scale non-cash deferral acquisition through the company's executive deferred compensation program. Because it is part of standard compensation planning rather than an open-market trade, it carries Low predictive signaling for market participants.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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