NSC

SEC source: 0001225208-21-001348 · doc4.xml · nonDerivative · entry 4

Shaw Alan H. · CIK 0001643244 · EVP & Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,310

SEC source: 0001225208-21-001348 · doc4.xml · nonDerivative · entry 3

Shaw Alan H. · CIK 0001643244 · EVP & Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,507

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-21-001348 · doc4.xml · nonDerivative · entry 2

Shaw Alan H. · CIK 0001643244 · EVP & Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,800

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-21-001348 · doc4.xml · nonDerivative · entry 1

Shaw Alan H. · CIK 0001643244 · EVP & Chief Marketing Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,350

SEC source: 0001225208-21-001347 · doc4.xml · derivative · entry 13

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 810

Underlying: Common Stock · 287 shares

Expires 2023-01-28

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

SEC source: 0001225208-21-001347 · doc4.xml · derivative · entry 12

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,097

Underlying: Common Stock · 53 shares

Expires 2023-01-28

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on August 16, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F4 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on August 16, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F4 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on August 16, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F4 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on August 16, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F4 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on August 16, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

SEC source: 0001225208-21-001347 · doc4.xml · derivative · entry 11

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,314

Underlying: Common Stock · 159 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on April 25, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F3 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on April 25, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F3 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on April 25, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F3 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on April 25, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F3 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on April 25, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

SEC source: 0001225208-21-001347 · doc4.xml · derivative · entry 10

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,473

Underlying: Common Stock · 2,490 shares

Expires not disclosed

F2 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · shares: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

SEC source: 0001225208-21-001347 · doc4.xml · derivative · entry 9

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,090

Underlying: Common Stock · 4,090 shares

Expires 2031-01-28

F1 · price: Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan).

SEC source: 0001225208-21-001347 · doc4.xml · nonDerivative · entry 8

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,146

SEC source: 0001225208-21-001347 · doc4.xml · nonDerivative · entry 7

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,252

SEC source: 0001225208-21-001347 · doc4.xml · nonDerivative · entry 6

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,332

SEC source: 0001225208-21-001347 · doc4.xml · nonDerivative · entry 5

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,377

SEC source: 0001225208-21-001347 · doc4.xml · nonDerivative · entry 4

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,392

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-21-001347 · doc4.xml · nonDerivative · entry 3

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,339

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-21-001347 · doc4.xml · nonDerivative · entry 2

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,180

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-21-001347 · doc4.xml · nonDerivative · entry 1

Sutherland Vanessa Allen · CIK 0001772603 · EVP & Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 893

SEC source: 0001225208-21-001346 · doc4.xml · derivative · entry 5

George Mark R · CIK 0001793198 · EVP Finance and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,344

Underlying: Common Stock · 536 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on November 1, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F3 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on November 1, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F3 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on November 1, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F3 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on November 1, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F3 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on November 1, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

SEC source: 0001225208-21-001346 · doc4.xml · derivative · entry 4

George Mark R · CIK 0001793198 · EVP Finance and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,880

Underlying: Common Stock · 2,810 shares

Expires not disclosed

F2 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · shares: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

SEC source: 0001225208-21-001346 · doc4.xml · derivative · entry 3

George Mark R · CIK 0001793198 · EVP Finance and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,620

Underlying: Common Stock · 4,620 shares

Expires 2031-01-28

F1 · price: Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan).

SEC source: 0001225208-21-001346 · doc4.xml · nonDerivative · entry 2

George Mark R · CIK 0001793198 · EVP Finance and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 387

SEC source: 0001225208-21-001346 · doc4.xml · nonDerivative · entry 1

George Mark R · CIK 0001793198 · EVP Finance and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 536

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-21-001345 · doc4.xml · derivative · entry 14

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 12,800 shares

Expires 2021-01-28

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_price: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 28, 2016, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F6 · kind: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 28, 2016, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F6 · price: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 28, 2016, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F6 · derivative.exercise_date: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 28, 2016, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F6 · derivative.expiration_date: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 28, 2016, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

SEC source: 0001225208-21-001345 · doc4.xml · derivative · entry 13

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,136

Underlying: Common Stock · 2,982 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

SEC source: 0001225208-21-001345 · doc4.xml · derivative · entry 12

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,118

Underlying: Common Stock · 9,000 shares

Expires not disclosed

F4 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F4 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F4 · shares: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F4 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F4 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F4 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

SEC source: 0001225208-21-001345 · doc4.xml · derivative · entry 11

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,730

Underlying: Common Stock · 20,730 shares

Expires 2031-01-28

F3 · price: Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan).

SEC source: 0001225208-21-001345 · doc4.xml · nonDerivative · entry 6

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,517

SEC source: 0001225208-21-001345 · doc4.xml · nonDerivative · entry 5

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 82,482

SEC source: 0001225208-21-001345 · doc4.xml · nonDerivative · entry 4

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 87,790

SEC source: 0001225208-21-001345 · doc4.xml · nonDerivative · entry 3

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 89,065

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-21-001345 · doc4.xml · nonDerivative · entry 2

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 86,083

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-21-001345 · doc4.xml · nonDerivative · entry 1

Squires James A · CIK 0001305086 · Director · Chairman, President and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,283

SEC source: 0001225208-21-001344 · doc4.xml · derivative · entry 17

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 500 shares

Expires 2021-01-28

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_price: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 28, 2016, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F6 · kind: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 28, 2016, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F6 · price: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 28, 2016, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F6 · derivative.exercise_date: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 28, 2016, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

F6 · derivative.expiration_date: Represents shares earned by the reporting person that were originally granted as restricted stock units on January 28, 2016, under the Corporation's Long-Term Incentive Plan (a Rule 16b-3 plan).

SEC source: 0001225208-21-001344 · doc4.xml · derivative · entry 16

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 863

Underlying: Common Stock · 287 shares

Expires 2023-01-28

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

F5 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the second of four installments.

SEC source: 0001225208-21-001344 · doc4.xml · derivative · entry 15

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,161

Underlying: Common Stock · 253 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on April 25, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F4 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on April 25, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F4 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on April 25, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F4 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on April 25, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F4 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on April 25, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in three annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

SEC source: 0001225208-21-001344 · doc4.xml · derivative · entry 14

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,414

Underlying: Common Stock · 119 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on August 16, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F3 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on August 16, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F3 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on August 16, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F3 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on August 16, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

F3 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on August 16, 2019, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the first of three installments.

SEC source: 0001225208-21-001344 · doc4.xml · derivative · entry 13

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,533

Underlying: Common Stock · 2,490 shares

Expires not disclosed

F2 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · shares: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

F2 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 28, 2021, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date.

SEC source: 0001225208-21-001344 · doc4.xml · derivative · entry 12

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,090

Underlying: Common Stock · 4,090 shares

Expires 2031-01-28

F1 · price: Reports the grant to the reporting person of an option to purchase shares of common stock under the Norfolk Southern Corporation Long-Term Incentive Plan (a 16b-3 plan).

SEC source: 0001225208-21-001344 · doc4.xml · nonDerivative · entry 11

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,164.5119

SEC source: 0001225208-21-001344 · doc4.xml · nonDerivative · entry 10

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,391.5119

SEC source: 0001225208-21-001344 · doc4.xml · nonDerivative · entry 9

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,616.5119

SEC source: 0001225208-21-001344 · doc4.xml · nonDerivative · entry 8

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,755.5119

SEC source: 0001225208-21-001344 · doc4.xml · nonDerivative · entry 7

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,835.5119

SEC source: 0001225208-21-001344 · doc4.xml · nonDerivative · entry 6

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,906.5119

SEC source: 0001225208-21-001344 · doc4.xml · nonDerivative · entry 5

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,940.5119

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-21-001344 · doc4.xml · nonDerivative · entry 4

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,821.5119

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-21-001344 · doc4.xml · nonDerivative · entry 3

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,568.5119

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-21-001344 · doc4.xml · nonDerivative · entry 2

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,281.5119

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001225208-21-001344 · doc4.xml · nonDerivative · entry 1

Adams Ann A · CIK 0001772612 · EVP-Chief Transform. Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,781.5119

SEC source: 0001225208-21-001179 · doc4.xml · derivative · entry 3

Allison Clyde H Jr · CIK 0001460253 · Vice President and Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 315

Underlying: Common Stock · 315 shares

Expires 2022-01-25

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the third of four installments.

F1 · kind: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the third of four installments.

F1 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the third of four installments.

F1 · derivative.exercise_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the third of four installments.

F1 · derivative.expiration_date: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on January 25, 2018, under the terms of the Norfolk Southern Corporation Long-Term Incentive Plan. Each Unit is the economic equivalent of one share of Common Stock. These Units ultimately will be settled in Common Stock, vesting ratably in four annual installments beginning on the first anniversary of the grant date. This distribution represents the third of four installments.