
Congress trades
Norfolk Southern Corporation (NSC)
NYSE · Industrials · 342 insider transactions · 119 congress trades · last filed 17 days agoS&P 500
About Norfolk Southern Corporation
from the company's filings and listing, as of Oct 24, 2026- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Railroads
- Chief executive
- Mark R. George
- Employees
- 19,300
- Listed since
- Jun 2, 1982
- Market value
- $74.1B
- Price to earnings (12 mo)
- 27.6
- Net income per share, as reported (12 mo)
- $11.95
- Dividend yield
- 1.64%
Earnings
6 reported quarters · next on Feb 4, 2027| Quarter | EPS | EPS expected | Revenue | Revenue expected | Result |
|---|---|---|---|---|---|
| Q3 FY2026reported Oct 22, 2026 | $3.62 | $3.46 | $3.5B | $3.5B | EPS beatRevenue in line |
| Q2 FY2026reported Jul 23, 2026 | $3.52 | $3.32 | $3.5B | $3.4B | EPS beatRevenue beat |
| Q1 FY2026reported Apr 24, 2026 | $2.65 | $2.49 | $3.0B | $3.0B | EPS beatRevenue in line |
| Q4 FY2025reported Jan 29, 2026 | $3.22 | $2.76 | $3.0B | $3.0B | EPS beatRevenue in line |
| Q3 FY2025reported Oct 23, 2025 | $3.30 | $3.19 | $3.1B | $3.1B | EPS beatRevenue in line |
| Q2 FY2025reported Jul 29, 2025 | $3.29 | $3.31 | $3.1B | $3.1B | EPS in lineRevenue in line |
Actual against the consensus estimate at the time. A flag marks a beat or a miss of more than 1.5% either way; inside that band the quarter is in line. A flag reads n/a only when a number is missing. Quarterly EPS is the figure set against the consensus, usually adjusted, so the quarters need not add up to the 12-month net income per share above. An estimate is a forecast made by analysts, not a company target.
Executive pay
as filed for fiscal 2025 · proxy filed Mar 27, 2026| Executive | Salary | Stock awards | Other | Total |
|---|---|---|---|---|
| Mark R. GeorgePresident & Chief Executive Officer | $1.1M | $9.2M | $5.9M | $16.2M |
| Claude E. ElkinsExecutive Vice President & Chief Commercial Officer | $675K | $2.4M | $3.8M | $6.9M |
| John F. OrrExecutive Vice President & Chief Operating Officer | $750K | $2.5M | $2.4M | $5.6M |
| Jason A. ZampiExecutive Vice President & Chief Financial Officer | $650K | $2.1M | $2.1M | $4.9M |
| Anil BhattExecutive Vice President & Chief Information & Digital Officer | $650K | $2.0M | $1.8M | $4.4M |
The summary compensation table from the proxy statement for fiscal 2025, with titles as filed then. Executives who have since left are not shown. Read the filing
Institutional holders
13F positions as of Jun 30, 2026| Holder | Value | Shares | Shares vs prior qtr | % of shares out |
|---|---|---|---|---|
| BlackRock, Inc. | $5.0B | 16,000,346 | +4.7% | 7.11% |
| Vanguard Capital Management LLC | $4.6B | 14,666,136 | +0.5% | 6.52% |
| State Street Corp | $3.2B | 10,242,817 | +4.2% | 4.55% |
| Vanguard Portfolio Management LLC | $2.3B | 7,215,898 | +79.2% | 3.21% |
| Millennium Management LLC | $1.6B | 5,201,728 | +13.5% | 2.31% |
| Geode Capital Management, LLC | $1.6B | 5,114,278 | +0.8% | 2.27% |
| Bank of America Corp | $979.0M | 3,111,914 | -2.8% | 1.38% |
| Norges Bank | $956.6M | 3,040,628 | New | 1.35% |
| Pentwater Capital Management LP | $873.0M | 2,775,000 | -13.8% | 1.23% |
| Northern Trust Corp | $822.5M | 2,614,406 | -0.9% | 1.16% |
| Morgan Stanley | $821.7M | 2,611,985 | -0.6% | 1.16% |
| D. E. Shaw & Co., Inc. | $818.3M | 2,601,202 | +14.9% | 1.16% |
A 13F reports long US equity positions and is filed within 45 days of the quarter end, so these are positions as they stood on Jun 30, 2026. New: not in this holder's prior 13F as reported; a change of filer ID can also show as new. For a manager's whole book see the fund directory. What a 13F covers and leaves out is explained in our guide to Form 13F.
Tracked fund managers holding NSC
12 of 15 managers| Manager | Value | Shares | Share of book |
|---|---|---|---|
| Millennium ManagementIsrael Englander | $1.6B | 5,201,728 | 0.6% |
| Pentwater Capital Management | $873.0M | 2,775,000 | 5.3% |
| D. E. Shaw & Co.David Shaw | $818.3M | 2,601,202 | 0.4% |
| HBK Capital Management | $550.5M | 1,750,000 | 5.3% |
| Dmitry BalyasnyBalyasny Asset Management | $349.6M | 1,111,173 | 0.4% |
| Adage Capital Partners | $241.1M | 766,536 | 0.3% |
| Verition Fund Management | $238.7M | 758,728 | 1.2% |
| Tudor Investment CorporationPaul Tudor Jones | $203.6M | 647,145 | 0.3% |
| Third PointDan Loeb | $188.8M | 600,000 | 4.0% |
| Hudson Bay Capital | $153.0M | 486,264 | 0.4% |
| Sculptor Capital | $115.3M | 366,413 | 0.9% |
| Empyrean Capital Partners | $88.0M | 279,800 | 2.9% |
Also holding NSC: Magnetar Capital, ExodusPoint Capital Management, Encompass Capital Advisors.
15 of the 97 fund managers we track list NSC shares among the largest positions in their latest 13F, filed for Q2 2026. A manager can hold it further down the book too, so this is a floor, not a count. Share of book is the position against the manager's whole disclosed 13F value.
Other Form 4 activity (20)
| Insider | Event | Shares | Date |
|---|---|---|---|
| John C. Huffard Jr.Director | Other Form 4 entry (see filing) | 333 | Oct 8, 2026 |
| Richard H. AndersonDirector | Stock award | 178 | Sep 30, 2026 |
| John C. Huffard Jr.Director | Stock award | 172 | Sep 30, 2026 |
| Mark R. GeorgePresident & CEO | Tax withholding | 1,035 | Sep 13, 2026 |
| Mark R. GeorgePresident & CEO | Option exercise | 2,653 | Sep 13, 2026 |
| Richard H. AndersonDirector | Stock award | 16 | Aug 20, 2026 |
| William Clyburn Jr.Director | Stock award | 7.088 | Aug 20, 2026 |
| Francesca A. DeBiaseDirector | Stock award | 8.333 | Aug 20, 2026 |
| Phillip S. DavidsonDirector | Stock award | 9.781 | Aug 20, 2026 |
| Marcela E. DonadioDirector | Stock award | 34 | Aug 20, 2026 |
| Sameh FahmyDirector | Stock award | 7.088 | Aug 20, 2026 |
| Mary Kathryn HeitkampDirector | Stock award | 7.088 | Aug 20, 2026 |
| Christopher T. JonesDirector | Stock award | 20 | Aug 20, 2026 |
| Gilbert H. LamphereDirector | Stock award | 2.434 | Aug 20, 2026 |
| Lori RyerkerkDirector | Stock award | 2.796 | Aug 20, 2026 |
| John C. Huffard Jr.Director | Stock award | 33 | Aug 20, 2026 |
| Brian BarrChief Operating Officer | Stock award | 1,456 | Jul 27, 2026 |
| Richard H. AndersonDirector | Stock award | 251 | Jun 30, 2026 |
| John C. Huffard Jr.Director | Stock award | 168 | Jun 30, 2026 |
| Brian BarrChief Operating Officer | Other Form 4 entry (see filing) | 1,307 | Oct 24, 2026 |
Awards, option exercises, shares withheld to cover tax and gifts all file on the same form as a purchase or a sale. None of them is a decision to trade, so they sit here rather than beside the ones that are.
Congress trades in NSC
20 disclosures of 119 on record · median 28d of the 45 allowedSince the trade: the stock's move from the trade date to the latest close we hold (figures as of Oct 25, 2026), not the member's result. Not investment advice.
| Member | Type | Action | Amount disclosed | Stock since the trade | Trade date | Disclosed | Delay |
|---|---|---|---|---|---|---|---|
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | -2.0%After the saleS&P 500 +0.3% · -2.3 pts vs S&P 500 | Aug 3, 2026 | Sep 4, 2026 | 32d |
| Alan ArmstrongSelf | Stock | Purchase | $1,001 - $15,000 | +16.5%S&P 500 +19.8% · -3.3 pts vs S&P 500 | Mar 27, 2026 | Jul 21, 2026 | 116d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +4.9%After the saleS&P 500 +1.7% · +3.2 pts vs S&P 500 | Jun 30, 2026 | Jul 6, 2026 | 6d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +4.5%S&P 500 +5.4% · -1.0 pts vs S&P 500 | May 1, 2026 | Jun 9, 2026 | 39d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +1.3%S&P 500 +1.3% · +0.1 pts vs S&P 500 | May 27, 2026 | Jun 9, 2026 | 13d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +13.7%After the saleS&P 500 +9.5% · +4.3 pts vs S&P 500 | Jan 29, 2026 | Feb 6, 2026 | 8d |
| Julie JohnsonJoint | Stock | Sale | $1,001 - $15,000 | +13.1%After the saleS&P 500 +12.3% · +0.8 pts vs S&P 500 | Dec 18, 2025 | Jan 15, 2026 | 28d |
| Julie JohnsonJoint | Stock | Sale | $1,001 - $15,000 | +16.4%After the saleS&P 500 +13.0% · +3.4 pts vs S&P 500 | Nov 13, 2025 | Dec 11, 2025 | 28d |
| Val T. HoyleSpouse | Stock | Sale | $1,001 - $15,000 | +13.0%After the saleS&P 500 +14.2% · -1.2 pts vs S&P 500 | Sep 23, 2025 | Oct 10, 2025 | 17d |
| Sheri BiggsSpouseFiled late | Stock | Sale | $15,001 - $50,000 | +40.6%After the saleS&P 500 +34.0% · +6.6 pts vs S&P 500 | Mar 19, 2025 | Oct 5, 2025 | 200d |
| Julie JohnsonJoint | Stock | Sale | $1,001 - $15,000 | +16.8%After the saleS&P 500 +17.8% · -1.0 pts vs S&P 500 | Aug 14, 2025 | Sep 11, 2025 | 28d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +25.8%S&P 500 +23.0% · +2.7 pts vs S&P 500 | Jul 1, 2025 | Aug 7, 2025 | 37d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +28.6%S&P 500 +26.2% · +2.4 pts vs S&P 500 | Jun 23, 2025 | Jul 9, 2025 | 16d |
| Julie JohnsonJoint | Stock | Sale | $1,001 - $15,000 | +39.5%After the saleS&P 500 +35.4% · +4.0 pts vs S&P 500 | Apr 1, 2025 | May 14, 2025 | 43d |
| Josh GottheimerJoint | Stock | Sale | $1,001 - $15,000 | +48.6%After the saleS&P 500 +40.0% · +8.7 pts vs S&P 500 | Apr 9, 2025 | May 14, 2025 | 35d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +48.6%After the saleS&P 500 +40.0% · +8.7 pts vs S&P 500 | Apr 9, 2025 | May 12, 2025 | 33d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | +51.6%After the saleS&P 500 +41.4% · +10.2 pts vs S&P 500 | Apr 15, 2025 | May 12, 2025 | 27d |
| Jefferson Shreve | Stock | Sale | $15,001 - $50,000 | +51.2%After the saleS&P 500 +42.4% · +8.8 pts vs S&P 500 | Apr 11, 2025 | May 8, 2025 | 27d |
| Marjorie Taylor Greene | Stock | Purchase | $1,001 - $15,000 | +48.5%S&P 500 +34.9% · +13.6 pts vs S&P 500 | May 5, 2025 | May 6, 2025 | 1d |
| Robert Bresnahan | Stock | Sale | $1,001 - $15,000 | +59.9%After the saleS&P 500 +53.0% · +7.0 pts vs S&P 500 | Apr 8, 2025 | Apr 28, 2025 | 20d |
Since the trade is an estimate, set beside the S&P 500 over the same window, with the gap between the two in percentage points. The filing carries a band, not a fill, and a sale keeps the stock's sign, so a positive figure after a sale means the stock kept rising after it. An option row carries the underlying stock's move. A row marked n/a is one we hold no figure for.
A delay above 45 days is the gap between the dates on the report; we mark a filing late only after checking it.
"Not captured" means the band or the transaction type on the original report is missing from our data.
"Dates conflict" marks a row whose disclosure is dated before its trade on the record we hold. Both dates are printed as filed, and no since-the-trade figure is computed from them.
Every Congress trade in NSC, filterable by party, chamber, type and account.
Members of Congress reporting a position
9 members · estimate, as of Oct 22, 20269 members report a position (estimated). The largest estimated position is in the $250,001 - $500,000 band.
| Member | Party, chamber | Estimated position | Share of their portfolio |
|---|---|---|---|
| J. French Hill | Republican · House | $250,001 - $500,000 | 2.5% |
| Bill Hagerty | Republican · Senate | $100,001 - $250,000 | 0.5% |
| Darin LaHood | Republican · House | $15,001 - $50,000 | 26.3% |
| Josh Gottheimer | Democrat · House | $15,001 - $50,000 | 0.1% |
| Shelley Moore Capito | Republican · Senate | $1,001 - $15,000 | 0.4% |
| Daniel Meuser | Republican · House | $1,001 - $15,000 | 0.4% |
| Gilbert Ray Cisneros, Jr. | Democrat · House | $1,001 - $15,000 | <0.1% |
| Lucy McBath | Democrat · House | $1,001 - $15,000 | 0.1% |
| Robert Bresnahan | Republican · House | $1,001 - $15,000 | 0.1% |
Estimate, as of Oct 22, 2026. Each position is modelled from the member's disclosed transactions and annual filings: the midpoint of each disclosed band, moved with the stock's price since the trade. It is a rough estimate of a reported position, not a figure from a filing, which is why it is shown as a band. Share of portfolio sets that estimate against the member's whole estimated public-stock portfolio.
Questions
Which members of Congress have traded NSC?
Ro Khanna, Alan Armstrong, Julie Johnson, Val T. Hoyle, Sheri Biggs, Josh Gottheimer and others disclosed NSC transactions in the filings shown here.
Which members of Congress hold NSC?
9 members of Congress report a position in NSC in the estimate we hold as of Oct 22, 2026. The two largest estimated positions belong to J. French Hill and Bill Hagerty; Darin LaHood holds one of the next largest, in the $15,001 - $50,000 band. The estimate is built from disclosed transactions and annual filings, so it is shown as a band rather than a figure from a filing.
Is NSC in the S&P 500 or the Nasdaq 100?
Norfolk Southern Corporation is a current member of the S&P 500, per the membership list we hold as of Oct 26, 2026. Current members of either index get a page here whatever their filing history.
How quickly are NSC trades disclosed?
Congressional disclosures took a median of 28 days, against the 45 the STOCK Act allows.
How to read a STOCK Act filing
WHAT THE FILING ACTUALLY SAYS
Congress rows disclose a value range rather than an exact amount, and the STOCK Act allows up to 45 days to report. Full sourcing and the limits of this data are on the methodology page. A filing is a record of a transaction, not a signal, and nothing here is investment advice.
Data as of Oct 26, 2026.
