DeBiase Francesca A.

SEC source: 0001225208-26-007296 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,155.9242

Underlying: Common Stock · 8.3334 shares

Expires not disclosed

F1 · derivative.exercise_price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · kind: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · shares: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.exercise_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.expiration_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

SEC source: 0001225208-26-005568 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,147.5908

Underlying: Common Stock · 9.1537 shares

Expires not disclosed

F1 · derivative.exercise_price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · kind: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · shares: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.exercise_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.expiration_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

SEC source: 0001225208-26-002555 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,138.4371

Underlying: Common Stock · 9.105 shares

Expires not disclosed

F1 · derivative.exercise_price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · kind: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · shares: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.exercise_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.expiration_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

SEC source: 0001225208-26-001206 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,129.3321

Underlying: Common Stock · 622 shares

Expires not disclosed

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 30, 2026, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 30, 2026, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

F1 · 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 30, 2026, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 30, 2026, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 30, 2026, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 30, 2026, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

SEC source: 0001225208-25-009361 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,507.3321

Underlying: Common Stock · 7.227 shares

Expires not disclosed

F1 · derivative.exercise_price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · kind: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · shares: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.exercise_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.expiration_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

SEC source: 0001735929-25-000003 · wk-form4_1763417786.xml · nonDerivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,738.142

F1 · shares: This grant shall vest on the first anniversary of the grant date.

F2 · price: Represents restricted stock issued pursuant to the 2018 Sysco Corporation Omnibus Incentive Plan. The receipt of these shares has been deferred pursuant to the 2009 Board of Directors stock Deferral Plan.

SEC source: 0001225208-25-007425 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,500.1051

Underlying: Common Stock · 7.0264 shares

Expires not disclosed

F1 · derivative.exercise_price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · kind: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · shares: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.exercise_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.expiration_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

SEC source: 0001225208-25-005364 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,493.0787

Underlying: Common Stock · 8.2174 shares

Expires not disclosed

F1 · derivative.exercise_price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · kind: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · shares: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.exercise_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.expiration_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

SEC source: 0001225208-25-002241 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,484.8613

Underlying: Common Stock · 8.039 shares

Expires not disclosed

F1 · derivative.exercise_price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · kind: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · shares: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.exercise_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.expiration_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

SEC source: 0001225208-25-001092 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,476.8223

Underlying: Common Stock · 700 shares

Expires not disclosed

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 30, 2025, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 30, 2025, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

F1 · 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 30, 2025, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 30, 2025, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 30, 2025, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 30, 2025, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

SEC source: 0001225208-24-010124 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 776.8223

Underlying: Common Stock · 4.0144 shares

Expires not disclosed

F1 · derivative.exercise_price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · kind: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · shares: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.exercise_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.expiration_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

SEC source: 0000096021-24-000197 · wk-form4_1732054356.xml · nonDerivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,780.704

F1 · shares: This grant shall vest on the first anniversary of the grant date.

F2 · price: Represents restricted stock issued pursuant to the 2018 Sysco Corporation Omnibus Incentive Plan. The receipt of these shares has been deferred pursuant to the 2009 Board of Directors Stock Deferral Plan.

SEC source: 0001225208-24-008157 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 772.8079

Underlying: Common Stock · 4.2993 shares

Expires not disclosed

F1 · derivative.exercise_price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · kind: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · shares: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.exercise_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.expiration_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

SEC source: 0001225208-24-007702 · doc4.xml · derivative · entry 2

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 768.5086

Underlying: Common Stock · 350 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.

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 July 31, 2023, specified 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 were settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date. This distribution represents the sole installment.

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 July 31, 2023, specified 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 were settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date. This distribution represents the sole installment.

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 July 31, 2023, specified 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 were settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date. This distribution represents the sole installment.

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 July 31, 2023, specified 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 were settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date. This distribution represents the sole installment.

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 July 31, 2023, specified 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 were settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date. This distribution represents the sole installment.

SEC source: 0001225208-24-007702 · doc4.xml · nonDerivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 350

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 · price: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on July 31, 2023, specified 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 were settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date. This distribution represents the sole installment.

SEC source: 0001225208-24-006307 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,118.5086

Underlying: Common Stock · 4.4779 shares

Expires not disclosed

F1 · derivative.exercise_price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · kind: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · shares: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.exercise_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.expiration_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

SEC source: 0001225208-24-002760 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,114.0307

Underlying: Common Stock · 4.0307 shares

Expires not disclosed

F1 · derivative.exercise_price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · kind: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · shares: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · price: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.exercise_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

F1 · derivative.expiration_date: Reports the number of restricted stock units credited to the reporting person's account in the Norfolk Southern Corporation Long-Term Incentive Plan in the form of dividend equivalent payments on restricted stock units held under the plan, calculated on the basis of the market value of the corporation's common stock on the dividend payment date. These units ultimately will be satisfied in common stock.

SEC source: 0001225208-24-001405 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,110

Underlying: Common Stock · 760 shares

Expires not disclosed

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 30, 2024, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 30, 2024, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

F1 · 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 30, 2024, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 30, 2024, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 30, 2024, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 30, 2024, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

SEC source: 0000096021-23-000214 · wk-form4_1700518328.xml · nonDerivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,900

F1 · shares: This grant shall vest on the first anniversary of the grant date.

F2 · price: Represents restricted stock issued pursuant to the 2018 Sysco Corporation Omnibus Incentive Plan. The receipt of these shares has been deferred pursuant to the 2009 Board of Directors Stock Deferral Plan.

SEC source: 0001225208-23-007873 · doc4.xml · derivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 350

Underlying: Common Stock · 350 shares

Expires not disclosed

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 July 31, 2023, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 July 31, 2023, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

F1 · shares: Reports the number of Restricted Stock Units, exempt under Section 16(b), granted and credited to the account of the reporting person on July 31, 2023, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 July 31, 2023, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 July 31, 2023, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

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 July 31, 2023, specified 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 will be settled in Norfolk Southern Corporation Common Stock, vesting in full on the first anniversary of the grant date.

SEC source: 0001567619-22-004725 · doc1.xml · derivative · entry 6

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,026

Underlying: Common Stock · 16,026 shares

Expires 2032-02-14

F4 · derivative.exercise_date: Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.

SEC source: 0001567619-22-004725 · doc1.xml · derivative · entry 5

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 174 shares

Expires 2022-02-14

F3 · derivative.exercise_price: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

F3 · shares: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

F3 · derivative.underlying_shares: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

SEC source: 0001567619-22-004725 · doc1.xml · derivative · entry 4

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 2,327 shares

Expires 2022-02-14

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.

F2 · derivative.exercise_price: Each performance-based RSU represents a right to acquire one share of McDonald's Corporation common stock.

F1 · shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets, the reporting person vested in 66.7% of the original grant of 3,488 performance-based restricted stock units ("RSUs").

F1 · derivative.underlying_shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets, the reporting person vested in 66.7% of the original grant of 3,488 performance-based restricted stock units ("RSUs").

SEC source: 0001567619-22-004725 · doc1.xml · nonDerivative · entry 3

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,745

SEC source: 0001567619-22-004725 · doc1.xml · nonDerivative · entry 2

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,487

F3 · shares: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

SEC source: 0001567619-22-004725 · doc1.xml · nonDerivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,313

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 · shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets, the reporting person vested in 66.7% of the original grant of 3,488 performance-based restricted stock units ("RSUs").

F2 · price: Each performance-based RSU represents a right to acquire one share of McDonald's Corporation common stock.

SEC source: 0001567619-21-004663 · doc1.xml · derivative · entry 10

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 495 shares

Expires not disclosed

F3 · derivative.exercise_price: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

F3 · price: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

F3 · derivative.exercise_date: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

F3 · derivative.expiration_date: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

SEC source: 0001567619-21-004663 · doc1.xml · derivative · entry 9

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 6,338 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.

F2 · derivative.exercise_price: Each RSU represents a right to acquire one share of McDonald's Corporation common stock.

F4 · derivative.exercise_date: On February 19, 2018, Ms. DeBiase was granted 6,338 RSUs, vesting on the third anniversary of the grant date.

F4 · derivative.expiration_date: On February 19, 2018, Ms. DeBiase was granted 6,338 RSUs, vesting on the third anniversary of the grant date.

SEC source: 0001567619-21-004663 · doc1.xml · derivative · entry 8

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 68 shares

Expires not disclosed

F3 · derivative.exercise_price: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

F3 · price: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

F3 · derivative.exercise_date: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

F3 · derivative.expiration_date: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

SEC source: 0001567619-21-004663 · doc1.xml · derivative · entry 7

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 868 shares

Expires 2021-02-19

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.

F2 · derivative.exercise_price: Each RSU represents a right to acquire one share of McDonald's Corporation common stock.

F1 · shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets, the reporting person vested in 50% of the original grant of 1,736 performance-based restricted stock units ("RSUs").

F1 · derivative.underlying_shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets, the reporting person vested in 50% of the original grant of 1,736 performance-based restricted stock units ("RSUs").

SEC source: 0001567619-21-004663 · doc1.xml · nonDerivative · entry 6

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,986

SEC source: 0001567619-21-004663 · doc1.xml · nonDerivative · entry 5

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,407

F3 · price: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

SEC source: 0001567619-21-004663 · doc1.xml · nonDerivative · entry 4

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,912

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.

F2 · price: Each RSU represents a right to acquire one share of McDonald's Corporation common stock.

SEC source: 0001567619-21-004663 · doc1.xml · nonDerivative · entry 3

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,574

SEC source: 0001567619-21-004663 · doc1.xml · nonDerivative · entry 2

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,904

F3 · price: Settlement of dividend equivalent rights in connection with vested RSUs. Each dividend equivalent right is the economic equivalent of one share of McDonald's Corporation common stock.

SEC source: 0001567619-21-004663 · doc1.xml · nonDerivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,836

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 · shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets, the reporting person vested in 50% of the original grant of 1,736 performance-based restricted stock units ("RSUs").

F2 · price: Each RSU represents a right to acquire one share of McDonald's Corporation common stock.

SEC source: 0001567619-21-004407 · doc1.xml · derivative · entry 3

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 868

Underlying: Common Stock · 868 shares

Expires 2021-02-19

F2 · derivative.exercise_price: Each performance-based restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation common stock.

F3 · shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets as certified on February 16, 2021 for the period of January 1, 2018 through December 31, 2020, the reporting person will vest in 50% of the original target amount of 1,736 performance-based RSUs, subject to completion of the service period through February 19, 2021. The transaction reported reflects the forfeiture of 50% of the target amount originally reported by the reporting person on April 10, 2018.

F3 · derivative.underlying_shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets as certified on February 16, 2021 for the period of January 1, 2018 through December 31, 2020, the reporting person will vest in 50% of the original target amount of 1,736 performance-based RSUs, subject to completion of the service period through February 19, 2021. The transaction reported reflects the forfeiture of 50% of the target amount originally reported by the reporting person on April 10, 2018.

SEC source: 0001567619-21-004407 · doc1.xml · derivative · entry 2

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,838

Underlying: Common Stock · 21,838 shares

Expires 2031-02-16

F1 · derivative.exercise_date: Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.

SEC source: 0001567619-20-020016 · doc1.xml · derivative · entry 5

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 12,850 shares

Expires 2026-02-11

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_date: Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.

SEC source: 0001567619-20-020016 · doc1.xml · derivative · entry 4

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 9,080 shares

Expires 2025-03-16

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_date: Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.

SEC source: 0001567619-20-020016 · doc1.xml · nonDerivative · entry 3

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,968

SEC source: 0001567619-20-020016 · doc1.xml · nonDerivative · entry 2

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,898

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: 0001567619-20-020016 · doc1.xml · nonDerivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · EVP-Gl. Chief Sup. Chain Off.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,048

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: 0001567619-20-005981 · doc1.xml · derivative · entry 3

DeBiase Francesca A. · CIK 0001735929 · EVP-Worldwide Supp Chain & Sus

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 2,783 shares

Expires 2020-03-08

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.

F2 · derivative.exercise_price: Each RSU represents a right to acquire one share of McDonald's Corporation common stock.

F1 · shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets, the reporting person vested in 150% of the original grant of 1,855 performance-based restricted stock units ("RSUs").

F1 · derivative.underlying_shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets, the reporting person vested in 150% of the original grant of 1,855 performance-based restricted stock units ("RSUs").

SEC source: 0001567619-20-005981 · doc1.xml · nonDerivative · entry 2

DeBiase Francesca A. · CIK 0001735929 · EVP-Worldwide Supp Chain & Sus

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,968

SEC source: 0001567619-20-005981 · doc1.xml · nonDerivative · entry 1

DeBiase Francesca A. · CIK 0001735929 · EVP-Worldwide Supp Chain & Sus

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,201

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 · shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets, the reporting person vested in 150% of the original grant of 1,855 performance-based restricted stock units ("RSUs").

F2 · price: Each RSU represents a right to acquire one share of McDonald's Corporation common stock.

SEC source: 0001567619-20-004404 · doc1.xml · derivative · entry 4

DeBiase Francesca A. · CIK 0001735929 · EVP-Worldwide Supp Chain & Sus

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,783

Underlying: Common Stock · 928 shares

Expires 2020-03-08

F2 · derivative.exercise_price: Each performance-based restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation common stock.

F4 · shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets as certified on February 18, 2020 for the period of January 1, 2017 through December 31, 2019, the reporting person will vest in 150% of the original target amount of 1,855 performance-based RSUs, subject to completion of the service period through March 8, 2020. Accordingly, the reported transaction reflects the acquisition of an additional 928 RSUs earned above the target grant.

F4 · derivative.underlying_shares: As a result of McDonald's Corporation's performance against the pre-approved financial targets as certified on February 18, 2020 for the period of January 1, 2017 through December 31, 2019, the reporting person will vest in 150% of the original target amount of 1,855 performance-based RSUs, subject to completion of the service period through March 8, 2020. Accordingly, the reported transaction reflects the acquisition of an additional 928 RSUs earned above the target grant.

SEC source: 0001567619-20-004404 · doc1.xml · derivative · entry 3

DeBiase Francesca A. · CIK 0001735929 · EVP-Worldwide Supp Chain & Sus

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,923

Underlying: Common Stock · 2,923 shares

Expires 2023-02-18

F2 · derivative.exercise_price: Each performance-based restricted stock unit ("RSU") represents a right to acquire one share of McDonald's Corporation common stock.

F3 · shares: Represents the target number of RSUs granted, subject to performance-based vesting conditions linked to diluted earnings per share ("EPS") growth and return on incremental invested capital ("ROIIC") for the period of January 1, 2020 through December 31, 2022 (the "Performance Period"). If McDonald's Corporation satisfies both the EPS and ROIIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the McDonald's Corporation total shareholder return relative to the S&P 500 Index over the Performance Period. The number of RSUs earned will range from 0% to 200% of the target number of RSUs granted.

F3 · derivative.exercise_date: Represents the target number of RSUs granted, subject to performance-based vesting conditions linked to diluted earnings per share ("EPS") growth and return on incremental invested capital ("ROIIC") for the period of January 1, 2020 through December 31, 2022 (the "Performance Period"). If McDonald's Corporation satisfies both the EPS and ROIIC thresholds, then the number of RSUs that vest may be increased or decreased based upon the McDonald's Corporation total shareholder return relative to the S&P 500 Index over the Performance Period. The number of RSUs earned will range from 0% to 200% of the target number of RSUs granted.

SEC source: 0001567619-20-004404 · doc1.xml · derivative · entry 2

DeBiase Francesca A. · CIK 0001735929 · EVP-Worldwide Supp Chain & Sus

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,960

Underlying: Common Stock · 22,960 shares

Expires 2030-02-18

F1 · derivative.exercise_date: Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.

SEC source: 0001567619-20-001776 · doc1.xml · derivative · entry 5

DeBiase Francesca A. · CIK 0001735929 · EVP-Worldwide Supp Chain & Sus

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 7,377 shares

Expires 2024-02-12

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.

F2 · derivative.exercise_date: Options become exercisable in 25% increments on the first, second, third and fourth anniversary dates of the grant.