Richard H. Anderson, a director at Norfolk Southern Corporation, has reported a transaction involving deferred stock units as part of his compensation. This filing is significant as it highlights Anderson's continued involvement in the company and may influence investor perceptions regarding corporate governance.
Background
Norfolk Southern Corporation, with a focus on railroads and line-haul operations, is a major player in the transportation sector. The company is incorporated in Virginia and has its fiscal year ending on December 31. The latest filing was made on October 2, 2026, under accession number 0001225208-26-008076.
What the Filing Says
According to the filing, Anderson reported acquiring 177.9935 deferred stock units on September 30, 2026. The transaction was made at a price of $309.00 per share. The filing states, "Reports the number of deferred stock units credited to the reporting person's account in the Norfolk Southern Corporation Directors' Deferred Fee Plan for deferral of quarterly fees." Following this transaction, Anderson now owns 1,949.0371 shares.
Impact
This transaction may impact various stakeholders, including investors and other directors within Norfolk Southern. As a member of the board, Anderson's actions are closely monitored, and this filing may influence how shareholders perceive the company's governance and leadership.
What's Next
The filing does not say what happens next.