Norfolk Southern Corporation (NSC) · Insider trading
What Norfolk Southern's directors, officers and largest holders bought and sold themselves, from the Form 4 each of them files with the SEC within two business days of a trade. Open-market purchases and sales first: those are the trades somebody chose to make at the market price.
Bought, 12 months
$1.26M
3 insiders, 3 trades
Sold, 12 months
$253,440
1 insider, 0% under a plan
Net, 12 months
+$1.01M
bought less sold
Latest filing
2026-09-15
filings read to 2026-10-19
Who traded, two years
| Insider | Bought | Sold | Trades | Last trade | Holds after |
|---|---|---|---|---|---|
| Anderson Richard HDirector | $1.09M | – | 4 | 2025-10-27 | – |
| Fahmy SamehDirector | $809,180 | – | 3 | 2025-11-05 | 12,000 |
| Bhatt AnilEVP & CIDO | – | $253,440 | 1 | 2025-11-19 | 1,413 |
| Lamphere Gilbert HDirector | $157,735 | – | 1 | 2025-01-31 | 2,487 |
| Clyburn William Jr.Director | $110,068 | – | 2 | 2025-12-05 | 405 |
| George Mark RDirector, President & CEO | $49,968 | – | 1 | 2024-12-11 | 13,757 |
Open-market purchases and sales
Newest first. “Plan” marks a trade made under a 10b5-1 plan set up in advance.
| Date | Insider | Trade | Shares | Price | Value | Holds after | Filing |
|---|---|---|---|---|---|---|---|
| 2025-12-05 | Clyburn William Jr.Director | Buy | 204 | 294.79 | $60,137 | 405 | Form 4 |
| 2025-11-19 | Bhatt AnilEVP & CIDO | Sale | 900 | 281.60 | $253,440 | 1,413 | Form 4 |
| 2025-11-05 | Fahmy SamehDirector | Buy | 1,650 | 282.97 | $466,901 | 12,000 | Form 4 |
| 2025-10-27 | Anderson Richard HDirector | Buyindirect | 2,600 | 281.86 | $732,836 | 7,000 | Form 4 |
| 2025-01-31 | Lamphere Gilbert HDirector | Buy | 607 | 259.86 | $157,735 | 2,487 | Form 4 |
| 2024-12-13 | Clyburn William Jr.Director | Buy | 201 | 248.41 | $49,930 | 201 | Form 4 |
| 2024-12-13 | Anderson Richard HDirector | Buyindirect | 200 | 248.69 | $49,738 | 4,200 | Form 4 |
| 2024-12-13 | Anderson Richard HDirector | Buyindirect | 200 | 248.61 | $49,722 | 4,400 | Form 4 |
| 2024-12-12 | Fahmy SamehDirector | Buy | 350 | 249.37 | $87,280 | 10,350 | Form 4 |
| 2024-12-11 | George Mark RDirector, President & CEO | Buy | 200 | 249.84 | $49,968 | 13,757 | Form 4 |
| 2024-10-24 | Anderson Richard HDirector | Buyindirect | 1,000 | 257.85 | $257,850 | 4,000 | Form 4 |
| 2024-10-24 | Fahmy SamehDirector | Buy | 1,000 | 255.00 | $255,000 | 10,000 | Form 4 |
Grants, exercises and other transactions
Pay, tax and paperwork rather than a choice to trade at the market price. Two years.
49 × shares withheld for tax47 × option exercise4 × grant or award
Show them
| Date | Insider | What | Shares | Price | Holds after | Filing |
|---|---|---|---|---|---|---|
| 2026-09-13 | George Mark RDirector, President & CEO | Option exercise M | +2,653 | – | 23,818 | Form 4 |
| 2026-09-13 | George Mark RDirector, President & CEO | Shares withheld for tax F | −1,035 | 323.30 | 22,783 | Form 4 |
| 2026-04-26 | Orr John FEVP & Chief Operating Officer | Option exercise M | +8,319 | – | 14,610 | Form 4 |
| 2026-04-26 | Orr John FEVP & Chief Operating Officer | Shares withheld for tax F | −3,247 | 320.81 | 11,363 | Form 4 |
| 2026-01-30 | Bhatt AnilEVP & CIDO | Option exercise M | +641 | – | 2,054 | Form 4 |
| 2026-01-30 | Bhatt AnilEVP & CIDO | Option exercise M | +220 | – | 2,274 | Form 4 |
| 2026-01-30 | Bhatt AnilEVP & CIDO | Shares withheld for tax F | −60 | 289.24 | 2,214 | Form 4 |
| 2026-01-30 | Bhatt AnilEVP & CIDO | Shares withheld for tax F | −175 | 289.24 | 2,039 | Form 4 |
| 2026-01-30 | Elkins Claude EEVP & Chief Commercial Officer | Option exercise M | +777 | – | 3,194 | Form 4 |
| 2026-01-30 | Elkins Claude EEVP & Chief Commercial Officer | Option exercise M | +527 | – | 3,721 | Form 4 |
| 2026-01-30 | Elkins Claude EEVP & Chief Commercial Officer | Shares withheld for tax F | −144 | 289.24 | 3,577 | Form 4 |
| 2026-01-30 | Elkins Claude EEVP & Chief Commercial Officer | Shares withheld for tax F | −212 | 289.24 | 3,365 | Form 4 |
| 2026-01-30 | Zampi Jason AndrewEVP & CFO | Option exercise M | +673 | – | 4,037 | Form 4 |
| 2026-01-30 | Zampi Jason AndrewEVP & CFO | Option exercise M | +252 | – | 4,289 | Form 4 |
| 2026-01-30 | Zampi Jason AndrewEVP & CFO | Option exercise M | +135 | – | 4,424 | Form 4 |
| 2026-01-30 | Zampi Jason AndrewEVP & CFO | Option exercise M | +15 | – | 4,439 | Form 4 |
| 2026-01-30 | Zampi Jason AndrewEVP & CFO | Shares withheld for tax F | −5 | 289.24 | 4,434 | Form 4 |
| 2026-01-30 | Zampi Jason AndrewEVP & CFO | Shares withheld for tax F | −37 | 289.24 | 4,397 | Form 4 |
| 2026-01-30 | Zampi Jason AndrewEVP & CFO | Shares withheld for tax F | −69 | 289.24 | 4,328 | Form 4 |
| 2026-01-30 | Zampi Jason AndrewEVP & CFO | Shares withheld for tax F | −183 | 289.24 | 4,145 | Form 4 |
| 2026-01-30 | George Mark RDirector, President & CEO | Option exercise M | +2,979 | – | 21,897 | Form 4 |
| 2026-01-30 | George Mark RDirector, President & CEO | Option exercise M | +712 | – | 22,609 | Form 4 |
| 2026-01-30 | George Mark RDirector, President & CEO | Shares withheld for tax F | −279 | 289.24 | 22,330 | Form 4 |
| 2026-01-30 | George Mark RDirector, President & CEO | Shares withheld for tax F | −1,165 | 289.24 | 21,165 | Form 4 |
| 2026-01-30 | Orr John FEVP & Chief Operating Officer | Option exercise M | +803 | – | 5,999 | Form 4 |
| 2026-01-30 | Orr John FEVP & Chief Operating Officer | Option exercise M | +702 | – | 6,701 | Form 4 |
| 2026-01-30 | Orr John FEVP & Chief Operating Officer | Shares withheld for tax F | −191 | 289.24 | 6,510 | Form 4 |
| 2026-01-30 | Orr John FEVP & Chief Operating Officer | Shares withheld for tax F | −219 | 289.24 | 6,291 | Form 4 |
| 2026-01-30 | Moore Claiborne LVice President & Controller | Option exercise M | +421 | – | 4,902 | Form 4 |
| 2026-01-30 | Moore Claiborne LVice President & Controller | Option exercise M | +252 | – | 5,154 | Form 4 |
| 2026-01-30 | Moore Claiborne LVice President & Controller | Shares withheld for tax F | −69 | 289.24 | 5,085 | Form 4 |
| 2026-01-30 | Moore Claiborne LVice President & Controller | Shares withheld for tax F | −115 | 289.24 | 4,970 | Form 4 |
| 2026-01-30 | Lamphere Gilbert HDirector | Option exercise M | +700 | – | 3,647 | Form 4 |
| 2026-01-27 | Zampi Jason AndrewEVP & CFO | Option exercise M | +220 | – | 3,424 | Form 4 |
| 2026-01-27 | Zampi Jason AndrewEVP & CFO | Shares withheld for tax F | −60 | 289.91 | 3,364 | Form 4 |
| 2026-01-27 | Elkins Claude EEVP & Chief Commercial Officer | Option exercise M | +515 | – | 2,558 | Form 4 |
| 2026-01-27 | Elkins Claude EEVP & Chief Commercial Officer | Shares withheld for tax F | −141 | 289.91 | 2,417 | Form 4 |
| 2026-01-27 | Moore Claiborne LVice President & Controller | Option exercise M | +254 | – | 4,551 | Form 4 |
| 2026-01-27 | Moore Claiborne LVice President & Controller | Shares withheld for tax F | −70 | 289.91 | 4,481 | Form 4 |
| 2026-01-27 | George Mark RDirector, President & CEO | Option exercise M | +775 | – | 19,221 | Form 4 |
| 2026-01-27 | George Mark RDirector, President & CEO | Shares withheld for tax F | −303 | 289.91 | 18,918 | Form 4 |
| 2026-01-26 | Zampi Jason AndrewEVP & CFO | Option exercise M | +247 | – | 3,272 | Form 4 |
| 2026-01-26 | Zampi Jason AndrewEVP & CFO | Shares withheld for tax F | −68 | 288.31 | 3,204 | Form 4 |
| 2026-01-26 | Elkins Claude EEVP & Chief Commercial Officer | Option exercise M | +520 | – | 2,185 | Form 4 |
| 2026-01-26 | Elkins Claude EEVP & Chief Commercial Officer | Shares withheld for tax F | −142 | 288.31 | 2,043 | Form 4 |
| 2026-01-26 | Moore Claiborne LVice President & Controller | Option exercise M | +247 | – | 4,365 | Form 4 |
| 2026-01-26 | Moore Claiborne LVice President & Controller | Shares withheld for tax F | −68 | 288.31 | 4,297 | Form 4 |
| 2026-01-26 | George Mark RDirector, President & CEO | Option exercise M | +625 | – | 18,691 | Form 4 |
| 2026-01-26 | George Mark RDirector, President & CEO | Shares withheld for tax F | −245 | 288.31 | 18,446 | Form 4 |
| 2025-10-24 | Bhatt AnilEVP & CIDO | Option exercise M | +3,259 | – | 3,259 | Form 4 |
| 2025-10-24 | Bhatt AnilEVP & CIDO | Option exercise M | +220 | – | 3,479 | Form 4 |
| 2025-10-24 | Bhatt AnilEVP & CIDO | Shares withheld for tax F | −60 | 282.50 | 3,419 | Form 4 |
| 2025-10-24 | Bhatt AnilEVP & CIDO | Shares withheld for tax F | −1,106 | 282.50 | 2,313 | Form 4 |
| 2025-10-24 | Zampi Jason AndrewEVP & CFO | Option exercise M | +150 | – | 3,067 | Form 4 |
| 2025-10-24 | Zampi Jason AndrewEVP & CFO | Shares withheld for tax F | −42 | 282.50 | 3,025 | Form 4 |
| 2025-09-13 | George Mark RDirector, President & CEO | Option exercise M | +2,653 | – | 19,105 | Form 4 |
| 2025-09-13 | George Mark RDirector, President & CEO | Shares withheld for tax F | −1,039 | 275.00 | 18,066 | Form 4 |
| 2025-08-01 | Lamphere Gilbert HDirector | Option exercise M | +460 | – | 2,947 | Form 4 |
| 2025-04-26 | Orr John FEVP & Chief Operating Officer | Option exercise M | +9,021 | – | 9,021 | Form 4 |
| 2025-04-26 | Orr John FEVP & Chief Operating Officer | Shares withheld for tax F | −3,825 | 223.65 | 5,196 | Form 4 |
| 2025-01-30 | Elkins Claude EEVP & Chief Marketing Officer | Grant or award A | +1,086 | – | 1,824 | Form 4 |
| 2025-01-30 | Elkins Claude EEVP & Chief Marketing Officer | Option exercise M | +527 | – | 2,351 | Form 4 |
| 2025-01-30 | Elkins Claude EEVP & Chief Marketing Officer | Shares withheld for tax F | −224 | 257.26 | 2,127 | Form 4 |
| 2025-01-30 | Elkins Claude EEVP & Chief Marketing Officer | Shares withheld for tax F | −462 | 257.26 | 1,665 | Form 4 |
| 2025-01-30 | Moore Claiborne LVice President & Controller | Option exercise M | +252 | – | 4,148 | Form 4 |
| 2025-01-30 | Moore Claiborne LVice President & Controller | Grant or award A | +56 | – | 4,204 | Form 4 |
| 2025-01-30 | Moore Claiborne LVice President & Controller | Shares withheld for tax F | −16 | 257.26 | 4,188 | Form 4 |
| 2025-01-30 | Moore Claiborne LVice President & Controller | Shares withheld for tax F | −70 | 257.26 | 4,118 | Form 4 |
| 2025-01-30 | Zampi Jason AndrewEVP & CFO | Option exercise M | +252 | – | 2,888 | Form 4 |
| 2025-01-30 | Zampi Jason AndrewEVP & CFO | Grant or award A | +138 | – | 3,026 | Form 4 |
| 2025-01-30 | Zampi Jason AndrewEVP & CFO | Shares withheld for tax F | −39 | 257.26 | 2,987 | Form 4 |
| 2025-01-30 | Zampi Jason AndrewEVP & CFO | Shares withheld for tax F | −70 | 257.26 | 2,917 | Form 4 |
| 2025-01-30 | George Mark RDirector, President & CEO | Grant or award A | +1,638 | – | 16,671 | Form 4 |
| 2025-01-30 | George Mark RDirector, President & CEO | Option exercise M | +712 | – | 17,383 | Form 4 |
| 2025-01-30 | George Mark RDirector, President & CEO | Shares withheld for tax F | −280 | 257.26 | 17,103 | Form 4 |
| 2025-01-30 | George Mark RDirector, President & CEO | Shares withheld for tax F | −651 | 257.26 | 16,452 | Form 4 |
| 2025-01-28 | George Mark RDirector, President & CEO | Option exercise M | +704 | – | 15,310 | Form 4 |
| 2025-01-28 | George Mark RDirector, President & CEO | Shares withheld for tax F | −277 | 255.60 | 15,033 | Form 4 |
| 2025-01-28 | Elkins Claude EEVP & Chief Marketing Officer | Option exercise M | +249 | – | 844 | Form 4 |
| 2025-01-28 | Elkins Claude EEVP & Chief Marketing Officer | Shares withheld for tax F | −106 | 255.60 | 738 | Form 4 |
| 2025-01-28 | Moore Claiborne LVice President & Controller | Option exercise M | +189 | – | 3,948 | Form 4 |
| 2025-01-28 | Moore Claiborne LVice President & Controller | Shares withheld for tax F | −52 | 255.60 | 3,896 | Form 4 |
| 2025-01-28 | Zampi Jason AndrewEVP & CFO | Option exercise M | +249 | – | 2,705 | Form 4 |
| 2025-01-28 | Zampi Jason AndrewEVP & CFO | Shares withheld for tax F | −69 | 255.60 | 2,636 | Form 4 |
| 2025-01-27 | George Mark RDirector, President & CEO | Option exercise M | +775 | – | 14,911 | Form 4 |
| 2025-01-27 | George Mark RDirector, President & CEO | Shares withheld for tax F | −305 | 257.17 | 14,606 | Form 4 |
| 2025-01-27 | Elkins Claude EEVP & Chief Marketing Officer | Option exercise M | +515 | – | 814 | Form 4 |
| 2025-01-27 | Elkins Claude EEVP & Chief Marketing Officer | Shares withheld for tax F | −219 | 257.17 | 595 | Form 4 |
| 2025-01-27 | Moore Claiborne LVice President & Controller | Option exercise M | +252 | – | 3,829 | Form 4 |
| 2025-01-27 | Moore Claiborne LVice President & Controller | Shares withheld for tax F | −70 | 257.17 | 3,759 | Form 4 |
| 2025-01-27 | Zampi Jason AndrewEVP & CFO | Option exercise M | +220 | – | 2,517 | Form 4 |
| 2025-01-27 | Zampi Jason AndrewEVP & CFO | Shares withheld for tax F | −61 | 257.17 | 2,456 | Form 4 |
| 2025-01-26 | George Mark RDirector, President & CEO | Option exercise M | +625 | – | 14,382 | Form 4 |
| 2025-01-26 | George Mark RDirector, President & CEO | Shares withheld for tax F | −246 | 253.65 | 14,136 | Form 4 |
| 2025-01-26 | Elkins Claude EEVP & Chief Marketing Officer | Option exercise M | +520 | – | 520 | Form 4 |
| 2025-01-26 | Elkins Claude EEVP & Chief Marketing Officer | Shares withheld for tax F | −221 | 253.65 | 299 | Form 4 |
| 2025-01-26 | Moore Claiborne LVice President & Controller | Option exercise M | +247 | – | 3,645 | Form 4 |
| 2025-01-26 | Moore Claiborne LVice President & Controller | Shares withheld for tax F | −68 | 253.65 | 3,577 | Form 4 |
| 2025-01-26 | Zampi Jason AndrewEVP & CFO | Option exercise M | +247 | – | 2,365 | Form 4 |
| 2025-01-26 | Zampi Jason AndrewEVP & CFO | Shares withheld for tax F | −68 | 253.65 | 2,297 | Form 4 |
How to read it
- Buy, sale
- Code P and S on the form: shares bought or sold in the market, at the market price. The other codes are mostly pay (a grant, an option exercised) or tax (shares the company withheld), and say little about what the insider thinks of the price.
- Plan
- A sale or purchase under a Rule 10b5-1 plan, set up in advance and running on its own schedule. Since April 2023 the form has a box for it. Much executive selling is planned and says more about diversifying than about the company.
- Holds after
- The shares the insider still held after the trade, in the form the trade was in (directly, or indirectly through a trust or a fund).
- Value
- Shares times the price the form reports, which is often an average over several fills on the day.
Read from the SEC's own quarterly data sets of Forms 3, 4 and 5, and from each day's filings since the last one. A correcting amendment replaces the lines it restates. Every row links to its filing. None of this is advice: insiders sell for many reasons, and buy for fewer.