CEO of Iconic Railroad Stock Unloads More Than 1,000 Shares
Disposition was non-discretionary, executed to cover tax withholding on vesting restricted stock units. George's direct holdings increased to 22,783 shares, representing 0.0101% ownership.
Norfolk Southern Corporation's CEO, Mark R. George, sold 1,035 shares of the company's common stock on September 13, 2026, for roughly $335,000, according to a recent SEC Form 4 filing. The transaction's value was calculated using a weighted average sale price of $323.30 per share. Norfolk Southern Corporation operates as a major Class I railroad in the United States, boasting a substantial market capitalization of $71.6 billion and trailing twelve months revenue of $12.5 billion.
The company employs about 19,300 individuals across its operations and maintains a competitive edge through its extensive rail network, established customer relationships, and integrated logistics capabilities. This infrastructure enables efficient freight movement across North America. As a vital transportation service provider, Norfolk Southern benefits from structural demand for rail freight services fueled by economic activity, industrial production, and the cost-effectiveness of rail transport compared to alternative logistics options.
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