Norfolk Southern CEO Sells Over 1,000 Shares to Cover Tax Liabilities
Mark R. George, President & CEO of Norfolk Southern Corporation (NSC), sold 1,035 shares on September 13, 2026, for approximately $335,000 as part of a non-discretionary transaction to cover tax liabilities from the vesting of restricted stock units. The sale was tied to an installment granted in September 2024 and did not reflect any change in confidence in the company's prospects. Following this transaction, George still holds over $7.29 million worth of directly owned shares (representing 0.0101% ownership) and continues to hold a large number of derivative securities tied to future equity participation. The CEO’s overall direct position increased slightly due to the vesting process exceeding withheld shares for taxes. Norfolk Southern, with a market cap of $71.6 billion, remains a key player in U.S. freight transportation services and has delivered strong performance over recent years.
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