Mark George compensation by year
NORFOLK SOUTHERN Summary Compensation Table · all 7 fiscal years held| Component | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Salary | $100,000 | $600,000 | $600,000 | $675,000 | $675,000 | $826,042 | $1,100,000 |
| Bonus | $400,000 | $89,100 | — | — | $0 | $0 | $0 |
| Stock awards | $900,298 | $1,575,728 | $1,635,698 | $2,041,089 | $1,801,018 | $4,022,885 | $9,199,733 |
| Option awards | $100,170 | $174,916 | $288,704 | $1,360,099 | $599,848 | $2,674,327 | $2,300,010 |
| Non-equity incentive | $65,475 | $166,050 | $1,134,000 | $450,021 | $0 | $1,372,325 | $2,932,875 |
| Pension and deferred compensation | $10,296 | $98,436 | $84,216 | $253,476 | $183,588 | $0 | $511,140 |
| All other | $8,222 | $33,167 | $32,360 | $122,806 | $106,792 | $90,081 | $201,292 |
| Total | $1,584,461 | $2,737,397 | $3,774,977 | $4,902,491 | $3,366,246 | $8,985,660 | $16,245,050 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: NORFOLK SOUTHERN CORP DEF 14A filed March 27, 2026, accession 0001193125-26-127620, and prior-year filings. Open the filing on EDGAR.
How this page was built: the NORFOLK SOUTHERN CORP filed document, accession 0001193125-26-127620. Every figure is read from that document and cited to the page and table it appears in. Filed March 27, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 14,713 | $4,247,793 | — |
| RSU | 3,945 | $1,139,000 | — |
| Option | 6,353 | — | $236.85 |
| Option | 4,590 | — | $270.98 |
| Option | 4,789 | — | $298.08 |
| Option | 3,866 | — | $241.18 |
| Option | 19,007 | — | $251.15 |
| Option | 26,337 | — | $257.26 |
Per the Outstanding Equity Awards at Fiscal Year-End table in NORFOLK SOUTHERN CORP's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
3 Form 4 lines since the FY2025 proxy (filed March 27, 2026)current to 2026-11-06 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-09-13 | Exercise or conversion derivative | — | 2,653 | — | 29,664 |
| 2026-09-13 | Exercise or conversion | — | 2,653 | $0.00 | 23,818 |
| 2026-09-13 | Tax withholding | — | 1,035 | $323.30 | 22,783 |
The 3 most recent of 3 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
NORFOLK SOUTHERN’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Mark George · this page | President & Chief Executive Officer | $16,245,050 |
| Claude Elkins | Executive Vice President & Chief Commercial Officer | $6,915,992 |
| John Orr | Executive Vice President & Chief Operating Officer | $5,604,601 |
| Jason Zampi | Executive Vice President & Chief Financial Officer | $4,865,704 |
| Anil Bhatt | Executive Vice President & Chief Information & Digital Officer | $4,382,284 |
Board service
NORFOLK SOUTHERN board · FY2023–FY2025How this board is paid
Company policy: NORFOLK SOUTHERN pays directors a $120,000 cash retainer. As stated in NORFOLK SOUTHERN's FY2025 proxy.
Committees
Executive
The full NORFOLK SOUTHERN compensation record
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are NORFOLK SOUTHERN's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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