CSX Corp President & CEO Acquires Phantom Stock Under Deferred Compensation Plan

Insider Filing Analysis: CSX CORP ($CSX)

Executive Summary

On October 1, 2026, Stephen F. Angel, President and CEO of CSX CORP, acquired 194 units of Phantom Stock valued at $46.54 per unit, totaling approximately $9,028.76. The transaction was executed indirectly via the CSX Executive Deferred Compensation Plan and reported via Form 4 on October 5, 2026.

Key Transaction Details

• Security: Phantom Stock (economically equivalent to 1 share of common stock, payable in cash per deferral elections)
• Transaction Code: A (Acquisition / Award under an executive deferred compensation plan)
• Shares Acquired: 194 units
• Price Per Share: $46.54
• Post-Transaction Beneficial Holdings: 2,588 units held indirectly through the trust for the CSX Executive Deferred Compensation Plan (including 6.34 dividend equivalent units acquired on September 15, 2026).

Market & Trading Implications

• Significance Level: Low
• Context: This acquisition represents a routine elective or plan-mandated deferral into phantom stock units rather than an open-market transaction. Given the nominal dollar value ($9,029) and standard compensation mechanics, this filing conveys no new directional signal regarding management sentiment or company operations.