Companies CSX Corp
CSX (CSX): executive pay, fiscal 2025
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CEO pay, last three years
- $11,711,612FY2025
CEO total pay was $11,711,612 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $386,364 · bonus $0 · stock awards $5,385,342 · option awards $5,248,065
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Joseph Hinrichs | $1,113,636 | $0 | $10,029,002 | $2,500,008 | $1,481,137 | $0 | $8,572,670 | $23,696,453 |
| Former President and Chief Executive Officer | ||||||||
| Stephen Angel | 386,364 | 0 | 5,385,342 | 5,248,065 | 513,863 | 0 | 177,978 | 11,711,612 |
| President and Chief Executive Officer | ||||||||
| Michael Cory | 757,083 | 0 | 2,527,360 | 630,000 | 575,383 | 0 | 2,365,655 | 6,855,481 |
| Executive Vice President and Chief Operating Officer | ||||||||
| Kevin Boone | 747,917 | 0 | 2,527,360 | 630,000 | 568,417 | 159,396 | 54,969 | 4,688,058 |
| Executive Vice President and Chief Financial Officer | ||||||||
| Sean Pelkey | 604,257 | 0 | 2,206,389 | 550,008 | 459,235 | 139,238 | 304,209 | 4,263,336 |
| Former Executive Vice President and Chief Financial Officer | ||||||||
| Stephen Fortune | 668,333 | 0 | 1,865,419 | 465,008 | 507,933 | 0 | 77,281 | 3,583,974 |
| Executive Vice President and Chief Digital & Technology Officer | ||||||||
| Diana Sorfleet | 588,333 | — | 1,865,419 | 465,008 | 402,420 | 160,430 | 44,691 | 3,526,301 |
| Retired Executive Vice President and Chief Administrative Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Joseph Hinrichs | $23,696,453 | $15,350,652 | $14,074,235 | ↑ +8,345,801 |
| Stephen Angel | 11,711,612 | — | — | — |
| Michael Cory | 6,855,481 | 5,076,224 | — | ↑ +1,779,257 |
| Kevin Boone | 4,688,058 | 4,663,680 | 4,934,102 | ↑ +24,378 |
| Sean Pelkey | 4,263,336 | 3,803,265 | 3,960,324 | ↑ +460,071 |
| Stephen Fortune | 3,583,974 | 3,586,354 | 3,805,988 | ↓ −2,380 |
| Diana Sorfleet | 3,526,301 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The primary objectives of the Company’s executive compensation program are to attract, motivate, and reward executives for extraordinary results that create shareholder value, reinforce a pay-for-performance culture with a significant portion of each NEO’s total compensation at-risk, and implement short and long-term incentive plans with stretch targets that drive strong financial results in achieving sustainable growth.
| CEO STI target (% of salary) | 175% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Pay Governance, LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Stephen Fortune | RSU | 2025-02-14 | — | — | 13,935 | — | $465,011 |
| Michael Cory | OPTION | 2025-02-14 | — | — | 62,014 | — | 630,000 |
| Michael Cory | PSU | 2025-02-18 | 11,237 | 56,184 | — | 134,842 | 1,897,334 |
| Joseph Hinrichs | RSU | 2025-02-14 | — | — | 74,918 | — | 2,500,014 |
| Sean Pelkey | RSU | 2025-02-14 | — | — | 16,482 | — | 550,004 |
| Kevin Boone | RSU | 2025-02-14 | — | — | 18,880 | — | 630,026 |
| Stephen Angel | PSU | 2025-10-01 | 29,985 | 149,926 | — | 359,822 | 5,385,342 |
| Kevin Boone | PSU | 2025-02-18 | 11,237 | 56,184 | — | 134,842 | 1,897,334 |
| Stephen Fortune | PSU | 2025-02-18 | 8,294 | 41,469 | — | 99,526 | 1,400,408 |
| Diana Sorfleet | RSU | 2025-02-14 | — | — | 13,935 | — | 465,011 |
| Sean Pelkey | PSU | 2025-02-18 | 9,810 | 49,049 | — | 117,718 | 1,656,385 |
| Diana Sorfleet | PSU | 2025-02-18 | 8,294 | 41,469 | — | 99,526 | 1,400,408 |
| Michael Cory | RSU | 2025-02-14 | — | — | 18,880 | — | 630,026 |
| Joseph Hinrichs | PSU | 2025-02-18 | 44,590 | 222,949 | — | 535,078 | 7,528,988 |
| Stephen Angel | OPTION | 2025-10-01 | — | — | 636,052 | — | 5,248,065 |
| Stephen Fortune | OPTION | 2025-02-14 | — | — | 45,773 | — | 465,008 |
| Diana Sorfleet | OPTION | 2025-02-14 | — | — | 45,773 | — | 465,008 |
| Joseph Hinrichs | OPTION | 2025-02-14 | — | — | 246,088 | — | 2,500,008 |
| Kevin Boone | OPTION | 2025-02-14 | — | — | 62,014 | — | 630,000 |
| Sean Pelkey | OPTION | 2025-02-14 | — | — | 54,140 | — | 550,008 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Stephen Fortune | $465,011 | $1,400,408 | $465,008 | 60.1% |
| Michael Cory | 630,026 | 1,897,334 | 630,000 | 60.1% |
| Joseph Hinrichs | 2,500,014 | 7,528,988 | 2,500,008 | 60.1% |
| Sean Pelkey | 550,004 | 1,656,385 | 550,008 | 60.1% |
| Kevin Boone | 630,026 | 1,897,334 | 630,000 | 60.1% |
| Stephen Angel | 0 | 5,385,342 | 5,248,065 | 50.6% |
| Diana Sorfleet | 465,011 | 1,400,408 | 465,008 | 60.1% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Sean Pelkey | Option | 10,047 | 36.72 | — |
| Sean Pelkey | Option | 11,797 | 31.67 | — |
| Sean Pelkey | Option | 13,535 | 33.37 | — |
| Stephen Fortune | Option | 15,729 | 31.67 | — |
| Diana Sorfleet | Option | 15,729 | 31.67 | — |
| Kevin Boone | Option | 21,309 | 31.67 | — |
| Stephen Fortune | Option | 26,792 | 36.72 | — |
| Diana Sorfleet | Option | 26,792 | 36.72 | — |
| Stephen Fortune | RSU | 27,271 | — | 988,574 |
| Diana Sorfleet | RSU | 27,271 | — | 988,574 |
| Sean Pelkey | RSU | 29,818 | — | 1,080,903 |
| Kevin Boone | Option | 36,298 | 36.72 | — |
| Michael Cory | Option | 36,298 | 36.72 | — |
| Kevin Boone | RSU | 36,949 | — | 1,339,401 |
| Stephen Fortune | RSU | 40,488 | — | 1,467,690 |
| Diana Sorfleet | RSU | 40,488 | — | 1,467,690 |
| Stephen Fortune | Option | 45,773 | 33.37 | — |
| Diana Sorfleet | Option | 45,773 | 33.37 | — |
| Sean Pelkey | RSU | 46,552 | — | 1,687,510 |
| Joseph Hinrichs | Option | 54,687 | 33.37 | — |
| Kevin Boone | RSU | 54,855 | — | 1,988,494 |
| Michael Cory | RSU | 54,855 | — | 1,988,494 |
| Joseph Hinrichs | RSU | 58,356 | — | 2,115,405 |
| Joseph Hinrichs | Option | 60,132 | 31.67 | — |
| Kevin Boone | Option | 62,014 | 33.37 | — |
| Michael Cory | Option | 62,014 | 33.37 | — |
| Michael Cory | RSU | 68,166 | — | 2,471,018 |
| Joseph Hinrichs | Option | 72,980 | 36.72 | — |
| Stephen Angel | RSU | 119,941 | — | 4,347,861 |
| Joseph Hinrichs | RSU | 214,217 | — | 7,765,366 |
| Stephen Angel | Option | 636,052 | 35 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| John J. ZillmerIndependent · Board Chair · Executive · Compensation · Governance and Sustainability | $155,000 | $440,017 | — | — | $0 | $595,017 |
| Linda H. RieflerIndependent · Executive · Compensation · Governance and Sustainability (Chair) · Compensation and Talent Management | 200,000 | 190,009 | — | — | 55,000 | 445,009 |
| Steven T. HalversonIndependent · Audit · Compensation (Chair) | 180,000 | 190,009 | — | — | 55,000 | 425,009 |
| J. Steven WhislerIndependent · Audit · Finance (Chair) | 175,000 | 190,009 | — | — | 55,000 | 420,009 |
| David M. MoffettIndependent · Audit (Chair) · Finance | 180,000 | 190,009 | — | — | 50,000 | 420,009 |
| Paul C. HilalIndependent · Executive · Finance · Governance and Sustainability | 155,000 | 190,009 | — | — | 50,000 | 395,009 |
| James L. WainscottIndependent · Audit · Finance · Compensation | 130,000 | 190,009 | — | — | 55,000 | 375,009 |
| Anne H. ChowIndependent · Finance · Compensation · Governance and Sustainability · Compensation and Talent Management | 130,000 | 190,009 | — | — | 45,950 | 365,959 |
| Suzanne M. VautrinotIndependent · Audit · Governance and Sustainability | 130,000 | 190,009 | — | — | 26,500 | 346,509 |
| Thomas P. BostickIndependent · Compensation and Talent Management · Governance and Sustainability | 130,000 | 190,009 | — | — | 19,700 | 339,709 |
| Ann D. BegemanIndependent · Finance · Partial-year service · Newly elected | 140,000 | 190,009 | — | — | 0 | 330,009 |
| Donna M. AlvaradoIndependent · Audit · Compensation · Not standing for re-election · Departed during FY | 47,500 | 190,009 | — | — | 64,637 | 302,146 |
Board fee structure and ownership guideline
| Annual cash retainer | $130,000 |
|---|---|
| Annual equity retainer | $190,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | $5 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,752,500 |
| Equity awards (grant-date value) | $2,530,116 |
| All other compensation | $476,787 |
| Total cost of the board | $4,759,403 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names CSX as a peer
Companies that benchmark against CSX
17 companies name CSX as a compensation peer
- C. H. ROBINSON WORLDWIDE, INC.CHRWFY2025
- Constellation Energy CorpCEGFY2025
- EXPEDITORS INTERNATIONAL OF WASHINGTON INCEXPDFY2025
- HUNT J B TRANSPORT SERVICES INCJBHTFY2025
- NIQ Global Intelligence plcNIQFY2025
- NORFOLK SOUTHERN CORPNSCFY2025
- OLD DOMINION FREIGHT LINE, INC.ODFLFY2025
- RYDER SYSTEM INCRFY2025
- UNION PACIFIC CORPUNPFY2025
- Waste Connections, Inc.WCNFY2025
- WASTE MANAGEMENT INCWMFY2025
- WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPWABFY2025
- XPO, Inc.XPOFY2025
Each company listed discloses CSX in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CSX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Peer reciprocity
Of the companies CSX Corp names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including CSX Corp.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Trane Technologies plc | 2025 | David Regnery | $1,512,500 | $8,900,397 | $5,700,010 | $2,831,173 | $27,262,157 |
| 2 | Wabtec Corporation | 2025 | Rafael Santana | 1,400,000 | 20,027,022 | — | 4,724,580 | 26,181,461 |
| 3 | Canadian Pacific Kansas City Limited | 2025 | Keith Creel | 1,887,030 | 12,022,313 | 6,780,204 | 3,761,742 | 25,655,819 |
| 4 | Parker-Hannifin Corporation | 2026 | Jennifer Parmentier | 1,537,500 | 7,586,898 | 7,841,940 | 4,539,822 | 22,761,169 |
| 5 | Emerson Electric Co. | 2025 | Lal Karsanbhai | 1,537,500 | 15,413,325 | 0 | 3,728,525 | 21,240,262 |
| 6 | Union Pacific Corporation | 2025 | V. James Vena | 1,475,000 | 9,000,130 | 6,000,003 | 3,437,250 | 20,296,362 |
| 7 | Waste Management, Inc. | 2025 | James Fish | 1,486,538 | 12,406,478 | 2,400,021 | 2,472,480 | 19,048,786 |
| 8 | Dover Corporation | 2025 | Richard Tobin | 1,387,385 | 8,040,726 | 6,562,519 | 0 | 18,757,706 |
| 9 | Ecolab Inc. | 2025 | Christophe Beck | 1,390,081 | 7,228,101 | 4,566,916 | 3,383,183 | 17,404,935 |
| 10 | Schlumberger Limited | 2025 | Olivier Le Peuch | 1,650,000 | 12,374,953 | 0 | 2,083,950 | 17,347,291 |
| 11 | Otis Worldwide Corporation | 2025 | Judith Marks | 1,400,000 | 13,182,895 | 0 | 1,965,600 | 16,977,877 |
| 12 | Norfolk Southern Corporation | 2025 | Mark George | 1,100,000 | 9,199,733 | 2,300,010 | 2,932,875 | 16,245,050 |
| 13 | Illinois Tool Works Inc. | 2025 | Christopher A. O'Herlihy | 1,337,271 | 5,249,957 | 5,249,996 | 2,702,389 | 15,211,011 |
| 14 | PPG Industries, Inc. | 2025 | Timothy Knavish | 1,300,000 | 7,333,542 | 3,666,690 | 1,924,000 | 14,885,022 |
| 15 | Republic Services, Inc. | 2025 | Jon Vander Ark | 1,302,692 | 11,124,489 | 0 | 1,982,664 | 14,857,016 |
| 16 | Air Products and Chemicals, Inc. | 2025 | Eduardo Menezes | 810,846 | 10,918,501 | 0 | 0 | 11,809,287 |
| 17 | CSX Corp | 2025 | Stephen Angel | 386,364 | 5,385,342 | 5,248,065 | 513,863 | 11,711,612 |
| 18 | J.B. Hunt Transport Services, Inc. | 2025 | Shelley Simpson | 961,385 | 6,927,529 | 0 | 1,067,421 | 9,004,371 |
| 19 | The Williams Companies, Inc. | 2025 | Chad Zamarin | 829,788 | 5,999,962 | 0 | 1,492,255 | 8,682,793 |
| 20 | Eaton Corporation | 2025 | Paulo Ruiz | 1,087,116 | 4,140,314 | 1,384,695 | 1,155,000 | 7,923,677 |
| — | Canadian National Railway Company | — | — | — | — | — | — | not in coverage universe |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| CSX Corp | 76% | PSU 60 · Option 20 · RSU 20 | No | Pay Governance, LLC |
| Air Products and Chemicals, Inc. | not disclosed | PSU 60 · RSU 40 | Yes — Relative TSR (compared to S&P 500 Index) | Willis Towers Watson |
| Canadian National Railway Company | not disclosed | not disclosed | not disclosed | not disclosed |
| Canadian Pacific Kansas City Limited | not disclosed | PSU 60 · Option 40 | not disclosed | Frederic W. Cook & Co., Inc. (FW Cook) |
| Dover Corporation | 121.7% | PSU 40 · Options 40 · RSU 20 | Yes — 3-Year relative TSR | Meridian Compensation Partners, LLC |
| Eaton Corporation | 70% | PSU 50 · RSU 25 · Option 25 | Yes — Relative TSR | Meridian Compensation Partners |
| Ecolab Inc. | 137% | PSU 60 · Options 40 | Yes — relative TSR | FW Cook |
| Emerson Electric Co. | 141.5% | PSU 55 · RSU 45 | No | Exequity |
| Illinois Tool Works Inc. | not disclosed | PSU 50 · Options 50 | No | Meridian Compensation Partners LLC |
| J.B. Hunt Transport Services, Inc. | not disclosed | PSU 60 · RSU 40 | No | Meridian Compensation Partners, LLC |
| Norfolk Southern Corporation | 118.5% | not disclosed | Yes — relative TSR | FW Cook |
| Otis Worldwide Corporation | 77.76% | PSU 60 · RSU 40 | Yes — Relative TSR | Frederic W. Cook & Co., Inc. (FW Cook) |
| Parker-Hannifin Corporation | not disclosed | LTIP Awards 50 · Stock Appreciation Rights 50 | No | Mercer Consulting |
| PPG Industries, Inc. | 93% | Option 33 · PRSU 33 · TSR Shares 33 | No | FW Cook |
| Republic Services, Inc. | 91.79% | PSU 80 · RSU 20 | No | Pearl Meyer & Partners, LLC |
| Schlumberger Limited | 84% | PSU 75 · RSU 25 | Yes — Total Shareholder Return (TSR) | Pay Governance |
| The Williams Companies, Inc. | 136% | PSU 60 · RSU 40 | Yes — Relative TSR | FW Cook |
| Trane Technologies plc | 109.21% | PSU 50 · Options 40 · RSU 10 | Yes — Relative TSR | Meridian Compensation Partners, LLC |
| Union Pacific Corporation | 138% | PSU 60 · Options 40 | No | Pay Governance |
| Wabtec Corporation | 192.8% | PSU 60 · RSU 40 | No | Exequity |
| Waste Management, Inc. | 103.02% | PSU 80 · Option 20 | No | Frederic W. Cook & Co., Inc. |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-12 | 1,324,087,828 | 98,932,409 | 5,438,016 | 93.05% | Passed |
| 2025 | 2025-05-07 | 1,272,936,606 | 148,504,231 | 8,988,852 | 89.55% | Passed |
| 2024 | 2024-05-08 | 1,226,635,057 | 248,521,893 | 9,388,982 | 83.15% | Passed |
| 2023 | 2023-05-10 | 1,337,075,452 | 154,939,216 | 9,214,362 | 89.62% | Passed |
| 2022 | 2022-05-04 | 960,492,665 | 645,294,994 | 7,309,149 | 59.81% | Passed |
| 2021 | 2021-05-07 | 535,653,282 | 39,840,473 | 4,114,027 | 93.08% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-05-12 | 93.05%a |
| 2025 | 2025-05-07 | 89.55%b |
| 2024 | 2024-05-08 | 83.15%c |
a. Approved under the standard stated in the filing — “Abstentions are not considered votes cast on any proposal and will have no effect on the outcome of the vote for Items 1, 2, or 3.”.
b. Approved under the standard stated in the filing — “Abstentions are not considered votes cast on any proposal and will have no effect on the outcome of the vote for Items 1, 2 or 3.”.
c. Approved under the standard stated in the filing — “Abstentions are not considered votes cast on any proposal and will have no effect on the outcome of the vote for Items 1, 2 3 or 4.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 123 : 1 |
|---|---|
| CEO total compensation | $14,938,149 |
| Median employee compensation | $122,362 |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Dividend-equivalent accruals | 2026-04-01 | — | 218 | — | ~9,034 | 1 insider, 1 accrual row | ||
| Dividend-equivalent accruals | 2026-05-01 | — | 200 | — | ~9,018 | 1 insider, 1 accrual row | ||
| Dividend-equivalent accruals | 2026-06-01 | — | 197 | — | ~9,034 | 1 insider, 1 accrual row | ||
| John J. Zillmer | Director | 2026-06-03 | D | 10,000 | 46 | 464,500 | Common | Form 4 ↗ |
| Kevin Boone | EVP & CFO | 2026-06-03 | D | 136,708 | 47 | 6,384,264 | Common | Form 4 ↗ |
| Kevin Boone | EVP & CFO | 2026-06-03 | D | 123,253 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Kevin Boone | EVP & CFO | 2026-06-03 | A | 123,253 | 23 | 2,893,980 | Common | Form 4 ↗ |
| Kevin Boone | EVP & CFO | 2026-06-03 | D | 13,455 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Kevin Boone | EVP & CFO | 2026-06-03 | A | 13,455 | 23 | 305,429 | Common | Form 4 ↗ |
| J. Steven Whisler | Director | 2026-06-15 | A | 791 | 47 | 37,485 | Common | Form 4 ↗ |
| Dividend-equivalent accruals | 2026-07-01 | — | 187 | — | ~9,038 | 1 insider, 1 accrual row | ||
| Michael S. Burns | SVP - CLO & Corp Secy | 2026-07-24 | D | 13,000 | 53 | 684,840 | Common | Form 4 ↗ |
| Angela C. Williams | VP & Chief Accounting Officer | 2026-07-24 | D | 30,000 | 53 | 1,598,700 | Common | Form 4 ↗ |
| Michael S. Burns | SVP - CLO & Corp Secy | 2026-07-24 | D | 13,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Michael S. Burns | SVP - CLO & Corp Secy | 2026-07-24 | A | 13,000 | 27 | 344,500 | Common | Form 4 ↗ |
| Dividend-equivalent accruals | 2026-08-03 | — | 181 | — | ~9,019 | 1 insider, 1 accrual row | ||
| Dividend-equivalent accruals | 2026-09-01 | — | 185 | — | ~9,010 | 1 insider, 1 accrual row | ||
| J. Steven Whisler | Director | 2026-09-15 | A | 771 | 49 | 37,517 | Common | Form 4 ↗ |
| Michael Cory | EVP & COO | 2026-09-25 | D | 12,611 | 47 | 589,943 | Common | Form 4 ↗ |
| Dividend-equivalent accruals | 2026-10-01 | — | 194 | — | ~9,029 | 1 insider, 1 accrual row | ||
| John J. Zillmer | Director | 2026-10-26 | D | 19,500 | 51 | 999,180 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
View all 21 transactions
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Stephen Angel | Director | 2026-04-01 | A | 218 | $41 | $9,034 | Derivative, Class A Common | Form 4 ↗ |
| Stephen Angel | Director | 2026-05-01 | A | 200 | 45 | 9,018 | Derivative, Class A Common | Form 4 ↗ |
| Stephen Angel | Director | 2026-06-01 | A | 197 | 46 | 9,034 | Derivative, Class A Common | Form 4 ↗ |
| John J. Zillmer | Director | 2026-06-03 | D | 10,000 | 46 | 464,500 | Common | Form 4 ↗ |
| Kevin Boone | EVP & CFO | 2026-06-03 | D | 136,708 | 47 | 6,384,264 | Common | Form 4 ↗ |
| Kevin Boone | EVP & CFO | 2026-06-03 | D | 123,253 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Kevin Boone | EVP & CFO | 2026-06-03 | A | 123,253 | 23 | 2,893,980 | Common | Form 4 ↗ |
| Kevin Boone | EVP & CFO | 2026-06-03 | D | 13,455 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Kevin Boone | EVP & CFO | 2026-06-03 | A | 13,455 | 23 | 305,429 | Common | Form 4 ↗ |
| J. Steven Whisler | Director | 2026-06-15 | A | 791 | 47 | 37,485 | Common | Form 4 ↗ |
| Stephen Angel | Director | 2026-07-01 | A | 187 | 48 | 9,038 | Derivative, Class A Common | Form 4 ↗ |
| Michael S. Burns | SVP - CLO & Corp Secy | 2026-07-24 | D | 13,000 | 53 | 684,840 | Common | Form 4 ↗ |
| Angela C. Williams | VP & Chief Accounting Officer | 2026-07-24 | D | 30,000 | 53 | 1,598,700 | Common | Form 4 ↗ |
| Michael S. Burns | SVP - CLO & Corp Secy | 2026-07-24 | D | 13,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Michael S. Burns | SVP - CLO & Corp Secy | 2026-07-24 | A | 13,000 | 27 | 344,500 | Common | Form 4 ↗ |
| Stephen Angel | Director | 2026-08-03 | A | 181 | 50 | 9,019 | Derivative, Class A Common | Form 4 ↗ |
| Stephen Angel | Director | 2026-09-01 | A | 185 | 49 | 9,010 | Derivative, Class A Common | Form 4 ↗ |
| J. Steven Whisler | Director | 2026-09-15 | A | 771 | 49 | 37,517 | Common | Form 4 ↗ |
| Michael Cory | EVP & COO | 2026-09-25 | D | 12,611 | 47 | 589,943 | Common | Form 4 ↗ |
| Stephen Angel | Director | 2026-10-01 | A | 194 | 47 | 9,029 | Derivative, Class A Common | Form 4 ↗ |
| John J. Zillmer | Director | 2026-10-26 | D | 19,500 | 51 | 999,180 | Common | Form 4 ↗ |
Sources (105 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Joseph Hinrichs. DEF 14A, filed 2026-03-30. Section “Compensation Tables” · page 91. As printed: 23,696,453. View filing ↗
- Section 01, Stephen Angel. DEF 14A, filed 2026-03-30. Section “Compensation Tables” · page 91. As printed: 11,711,612. View filing ↗
- Section 01, Michael Cory. DEF 14A, filed 2026-03-30. Section “Compensation Tables” · page 91. As printed: 6,855,481. View filing ↗
- Section 01, Kevin Boone. DEF 14A, filed 2026-03-30. Section “Compensation Tables” · page 91. As printed: 4,688,058. View filing ↗
- Section 01, Sean Pelkey. DEF 14A, filed 2026-03-30. Section “Compensation Tables” · page 91. As printed: 4,263,336. View filing ↗
- Section 01, Stephen Fortune. DEF 14A, filed 2026-03-30. Section “Compensation Tables” · page 91. As printed: 3,583,974. View filing ↗
- Section 01, Diana Sorfleet. DEF 14A, filed 2026-03-30. Section “Compensation Tables” · page 91. As printed: 3,526,301. View filing ↗
- Section 03, Stephen Fortune RSU. DEF 14A, filed 2026-03-30. Section “2025 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Cory OPTION. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Cory PSU. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Joseph Hinrichs RSU. DEF 14A, filed 2026-03-30. Section “2025 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
- Section 03, Sean Pelkey RSU. DEF 14A, filed 2026-03-30. Section “2025 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
- Section 03, Kevin Boone RSU. DEF 14A, filed 2026-03-30. Section “2025 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
- Section 03, Stephen Angel PSU. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Kevin Boone PSU. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Stephen Fortune PSU. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Diana Sorfleet RSU. DEF 14A, filed 2026-03-30. Section “2025 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
- Section 03, Sean Pelkey PSU. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Diana Sorfleet PSU. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Cory RSU. DEF 14A, filed 2026-03-30. Section “2025 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
- Section 03, Joseph Hinrichs PSU. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Stephen Angel OPTION. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Stephen Fortune OPTION. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Diana Sorfleet OPTION. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Joseph Hinrichs OPTION. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Kevin Boone OPTION. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Sean Pelkey OPTION. DEF 14A, filed 2026-03-30. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-30. Section “CEO Pay Ratio”. As printed: 123 : 1. View filing ↗
- Section 08, John J. Zillmer. DEF 14A, filed 2026-03-30. Section “Director Compensation”. As printed: 595,017. View filing ↗
- Section 08, Linda H. Riefler. DEF 14A, filed 2026-03-30. Section “Director Compensation”. As printed: 445,009. View filing ↗
- Section 08, Steven T. Halverson. DEF 14A, filed 2026-03-30. Section “Director Compensation”. As printed: 425,009. View filing ↗
- Section 08, J. Steven Whisler. DEF 14A, filed 2026-03-30. Section “Director Compensation”. As printed: 420,009. View filing ↗
- Section 08, David M. Moffett. DEF 14A, filed 2026-03-30. Section “Director Compensation”. As printed: 420,009. View filing ↗
- Section 08, Paul C. Hilal. DEF 14A, filed 2026-03-30. Section “Director Compensation”. As printed: 395,009. View filing ↗
- Section 08, James L. Wainscott. DEF 14A, filed 2026-03-30. Section “Director Compensation”. As printed: 375,009. View filing ↗
- Section 08, Anne H. Chow. DEF 14A, filed 2026-03-30. Section “Director Compensation”. As printed: 365,959. View filing ↗
- Section 08, Suzanne M. Vautrinot. DEF 14A, filed 2026-03-30. Section “Director Compensation”. As printed: 346,509. View filing ↗
- Section 08, Thomas P. Bostick. DEF 14A, filed 2026-03-30. Section “Director Compensation”. As printed: 339,709. View filing ↗
- Section 08, Ann D. Begeman. DEF 14A, filed 2026-03-30. Section “Director Compensation”. As printed: 330,009. View filing ↗
- Section 08, Donna M. Alvarado. DEF 14A, filed 2026-03-30. Section “Director Compensation”. As printed: 302,146. View filing ↗
- Section 02, Stephen Angel 2026-04-01. Form 4, filed 2026-04-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stephen Angel 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stephen Angel 2026-06-01. Form 4, filed 2026-06-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John J. Zillmer 2026-06-03. Form 4, filed 2026-06-04. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kevin Boone 2026-06-03. Form 4, filed 2026-06-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kevin Boone 2026-06-03. Form 4, filed 2026-06-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kevin Boone 2026-06-03. Form 4, filed 2026-06-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kevin Boone 2026-06-03. Form 4, filed 2026-06-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kevin Boone 2026-06-03. Form 4, filed 2026-06-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, J. Steven Whisler 2026-06-15. Form 4, filed 2026-06-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stephen Angel 2026-07-01. Form 4, filed 2026-07-06. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael S. Burns 2026-07-24. Form 4, filed 2026-07-27. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Angela C. Williams 2026-07-24. Form 4, filed 2026-07-27. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael S. Burns 2026-07-24. Form 4, filed 2026-07-27. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael S. Burns 2026-07-24. Form 4, filed 2026-07-27. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stephen Angel 2026-08-03. Form 4, filed 2026-08-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stephen Angel 2026-09-01. Form 4, filed 2026-09-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, J. Steven Whisler 2026-09-15. Form 4, filed 2026-09-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael Cory 2026-09-25. Form 4, filed 2026-09-28. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stephen Angel 2026-10-01. Form 4, filed 2026-10-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John J. Zillmer 2026-10-26. Form 4, filed 2026-10-28. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-14. Item 5.07 · say-on-pay result. As reported: 93.05% (votes for as printed: 1,324,087,828). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-05-12. Item 5.07 · say-on-pay result. As reported: 89.55% (votes for as printed: 1,272,936,606). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-05-10. Item 5.07 · say-on-pay result. As reported: 83.15% (votes for as printed: 1,226,635,057). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 1,752,500 + equity 2,530,116 + all other 476,787 = 4,759,403, summed across the director compensation table rows.
- Trane Technologies plc, Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Trane Technologies plc's own proxy. As printed: 27,262,157. View filing ↗
- Wabtec Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Wabtec Corporation's own proxy. As printed: 26,181,461. View filing ↗
- Canadian Pacific Kansas City Limited, Section 10b CEO total. 10-K/A, filed 2026-04-23. CEO total compensation as printed in Canadian Pacific Kansas City Limited's own proxy. As printed: 25,655,819. View filing ↗
- Parker-Hannifin Corporation, Section 10b CEO total. DEF 14A, filed 2026-09-18. CEO total compensation as printed in Parker-Hannifin Corporation's own proxy. As printed: 22,761,169. View filing ↗
- Emerson Electric Co., Section 10b CEO total. DEF 14A, filed 2025-12-12. CEO total compensation as printed in Emerson Electric Co.'s own proxy. As printed: 21,240,262. View filing ↗
- Union Pacific Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in Union Pacific Corporation's own proxy. As printed: 20,296,362. View filing ↗
- Waste Management, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Waste Management, Inc.'s own proxy. As printed: 19,048,786. View filing ↗
- Dover Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in Dover Corporation's own proxy. As printed: 18,757,706. View filing ↗
- Ecolab Inc., Section 10b CEO total. DEF 14A, filed 2026-03-20. CEO total compensation as printed in Ecolab Inc.'s own proxy. As printed: 17,404,935. View filing ↗
- Schlumberger Limited, Section 10b CEO total. DEF 14A, filed 2026-02-26. CEO total compensation as printed in Schlumberger Limited's own proxy. As printed: 17,347,291. View filing ↗
- Otis Worldwide Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Otis Worldwide Corporation's own proxy. As printed: 16,977,877. View filing ↗
- Norfolk Southern Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Norfolk Southern Corporation's own proxy. As printed: 16,245,050. View filing ↗
- Illinois Tool Works Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Illinois Tool Works Inc.'s own proxy. As printed: 15,211,011. View filing ↗
- PPG Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-05. CEO total compensation as printed in PPG Industries, Inc.'s own proxy. As printed: 14,885,022. View filing ↗
- Republic Services, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in Republic Services, Inc.'s own proxy. As printed: 14,857,016. View filing ↗
- Air Products and Chemicals, Inc., Section 10b CEO total. DEF 14A, filed 2025-12-11. CEO total compensation as printed in Air Products and Chemicals, Inc.'s own proxy. As printed: 11,809,287. View filing ↗
- CSX Corp (subject), Section 10b CEO total. DEF 14A, filed 2026-03-30. CEO total compensation as printed in CSX Corp's own proxy. As printed: 11,711,612. View filing ↗
- J.B. Hunt Transport Services, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in J.B. Hunt Transport Services, Inc.'s own proxy. As printed: 9,004,371. View filing ↗
- The Williams Companies, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in The Williams Companies, Inc.'s own proxy. As printed: 8,682,793. View filing ↗
- Eaton Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Eaton Corporation's own proxy. As printed: 7,923,677. View filing ↗
- Section 10a, Wabtec Corporation reciprocity. DEF 14A. Wabtec Corporation names CSX Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, PPG Industries, Inc. reciprocity. DEF 14A. PPG Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, Union Pacific Corporation reciprocity. DEF 14A. Union Pacific Corporation names CSX Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Dover Corporation reciprocity. DEF 14A. Dover Corporation's most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, Emerson Electric Co. reciprocity. DEF 14A. Emerson Electric Co.'s most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, Canadian Pacific Kansas City Limited reciprocity. DEF 14A. Canadian Pacific Kansas City Limited names CSX Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Air Products and Chemicals, Inc. reciprocity. DEF 14A. Air Products and Chemicals, Inc.'s most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, Schlumberger Limited reciprocity. DEF 14A. Schlumberger Limited's most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, Illinois Tool Works Inc. reciprocity. DEF 14A. Illinois Tool Works Inc.'s most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, Otis Worldwide Corporation reciprocity. DEF 14A. Otis Worldwide Corporation's most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, Eaton Corporation reciprocity. DEF 14A. Eaton Corporation's most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, Ecolab Inc. reciprocity. DEF 14A. Ecolab Inc.'s most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, J.B. Hunt Transport Services, Inc. reciprocity. DEF 14A. J.B. Hunt Transport Services, Inc. names CSX Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Parker-Hannifin Corporation reciprocity. DEF 14A. Parker-Hannifin Corporation's most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, Republic Services, Inc. reciprocity. DEF 14A. Republic Services, Inc.'s most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, The Williams Companies, Inc. reciprocity. DEF 14A. The Williams Companies, Inc.'s most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, Trane Technologies plc reciprocity. DEF 14A. Trane Technologies plc's most recent proxy was read; its disclosed peer group does not include CSX Corp. View filing ↗
- Section 10a, Waste Management, Inc. reciprocity. DEF 14A. Waste Management, Inc. names CSX Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗