Congress trades

Norfolk Southern Corporation (NSC)

NYSE · Industrials · 342 insider transactions · 119 congress trades · last filed 17 days agoS&P 500

20
Congress disclosures shown
28d
Median delay on the congress disclosures
of the 45 day limit
6 buys·14 sells
Purchases and sales in the disclosures shown
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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%

www.norfolksouthern.com

Earnings

6 reported quarters · next on Feb 4, 2027
QuarterEPSEPS expectedRevenueRevenue expectedResult
Q3 FY2026reported Oct 22, 2026$3.62$3.46$3.5B$3.5BEPS beatRevenue in line
Q2 FY2026reported Jul 23, 2026$3.52$3.32$3.5B$3.4BEPS beatRevenue beat
Q1 FY2026reported Apr 24, 2026$2.65$2.49$3.0B$3.0BEPS beatRevenue in line
Q4 FY2025reported Jan 29, 2026$3.22$2.76$3.0B$3.0BEPS beatRevenue in line
Q3 FY2025reported Oct 23, 2025$3.30$3.19$3.1B$3.1BEPS beatRevenue in line
Q2 FY2025reported Jul 29, 2025$3.29$3.31$3.1B$3.1BEPS 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
ExecutiveSalaryStock awardsOtherTotal
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
HolderValueSharesShares vs prior qtr% of shares out
BlackRock, Inc.$5.0B16,000,346+4.7%7.11%
Vanguard Capital Management LLC$4.6B14,666,136+0.5%6.52%
State Street Corp$3.2B10,242,817+4.2%4.55%
Vanguard Portfolio Management LLC$2.3B7,215,898+79.2%3.21%
Millennium Management LLC$1.6B5,201,728+13.5%2.31%
Geode Capital Management, LLC$1.6B5,114,278+0.8%2.27%
Bank of America Corp$979.0M3,111,914-2.8%1.38%
Norges Bank$956.6M3,040,628New1.35%
Pentwater Capital Management LP$873.0M2,775,000-13.8%1.23%
Northern Trust Corp$822.5M2,614,406-0.9%1.16%
Morgan Stanley$821.7M2,611,985-0.6%1.16%
D. E. Shaw & Co., Inc.$818.3M2,601,202+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
ManagerValueSharesShare of book
Millennium ManagementIsrael Englander$1.6B5,201,7280.6%
Pentwater Capital Management$873.0M2,775,0005.3%
D. E. Shaw & Co.David Shaw$818.3M2,601,2020.4%
HBK Capital Management$550.5M1,750,0005.3%
Dmitry BalyasnyBalyasny Asset Management$349.6M1,111,1730.4%
Adage Capital Partners$241.1M766,5360.3%
Verition Fund Management$238.7M758,7281.2%
Tudor Investment CorporationPaul Tudor Jones$203.6M647,1450.3%
Third PointDan Loeb$188.8M600,0004.0%
Hudson Bay Capital$153.0M486,2640.4%
Sculptor Capital$115.3M366,4130.9%
Empyrean Capital Partners$88.0M279,8002.9%

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.

Know when the next NSC filing is reported.

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Other Form 4 activity (20)
InsiderEventSharesDate
John C. Huffard Jr.DirectorOther Form 4 entry (see filing)333Oct 8, 2026
Richard H. AndersonDirectorStock award178Sep 30, 2026
John C. Huffard Jr.DirectorStock award172Sep 30, 2026
Mark R. GeorgePresident & CEOTax withholding1,035Sep 13, 2026
Mark R. GeorgePresident & CEOOption exercise2,653Sep 13, 2026
Richard H. AndersonDirectorStock award16Aug 20, 2026
William Clyburn Jr.DirectorStock award7.088Aug 20, 2026
Francesca A. DeBiaseDirectorStock award8.333Aug 20, 2026
Phillip S. DavidsonDirectorStock award9.781Aug 20, 2026
Marcela E. DonadioDirectorStock award34Aug 20, 2026
Sameh FahmyDirectorStock award7.088Aug 20, 2026
Mary Kathryn HeitkampDirectorStock award7.088Aug 20, 2026
Christopher T. JonesDirectorStock award20Aug 20, 2026
Gilbert H. LamphereDirectorStock award2.434Aug 20, 2026
Lori RyerkerkDirectorStock award2.796Aug 20, 2026
John C. Huffard Jr.DirectorStock award33Aug 20, 2026
Brian BarrChief Operating OfficerStock award1,456Jul 27, 2026
Richard H. AndersonDirectorStock award251Jun 30, 2026
John C. Huffard Jr.DirectorStock award168Jun 30, 2026
Brian BarrChief Operating OfficerOther Form 4 entry (see filing)1,307Oct 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 allowed

Since 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.

MemberTypeActionAmount disclosedStock since the tradeTrade dateDisclosedDelay
Ro KhannaStockSale$1,001 - $15,000-2.0%After the saleS&P 500 +0.3% · -2.3 pts vs S&P 500Aug 3, 2026Sep 4, 202632d
Alan ArmstrongSelfStockPurchase$1,001 - $15,000+16.5%S&P 500 +19.8% · -3.3 pts vs S&P 500Mar 27, 2026Jul 21, 2026116d
Ro KhannaStockSale$1,001 - $15,000+4.9%After the saleS&P 500 +1.7% · +3.2 pts vs S&P 500Jun 30, 2026Jul 6, 20266d
Ro KhannaStockPurchase$1,001 - $15,000+4.5%S&P 500 +5.4% · -1.0 pts vs S&P 500May 1, 2026Jun 9, 202639d
Ro KhannaStockPurchase$1,001 - $15,000+1.3%S&P 500 +1.3% · +0.1 pts vs S&P 500May 27, 2026Jun 9, 202613d
Ro KhannaStockSale$1,001 - $15,000+13.7%After the saleS&P 500 +9.5% · +4.3 pts vs S&P 500Jan 29, 2026Feb 6, 20268d
Julie JohnsonJointStockSale$1,001 - $15,000+13.1%After the saleS&P 500 +12.3% · +0.8 pts vs S&P 500Dec 18, 2025Jan 15, 202628d
Julie JohnsonJointStockSale$1,001 - $15,000+16.4%After the saleS&P 500 +13.0% · +3.4 pts vs S&P 500Nov 13, 2025Dec 11, 202528d
Val T. HoyleSpouseStockSale$1,001 - $15,000+13.0%After the saleS&P 500 +14.2% · -1.2 pts vs S&P 500Sep 23, 2025Oct 10, 202517d
Sheri BiggsSpouseFiled lateStockSale$15,001 - $50,000+40.6%After the saleS&P 500 +34.0% · +6.6 pts vs S&P 500Mar 19, 2025Oct 5, 2025200d
Julie JohnsonJointStockSale$1,001 - $15,000+16.8%After the saleS&P 500 +17.8% · -1.0 pts vs S&P 500Aug 14, 2025Sep 11, 202528d
Ro KhannaStockPurchase$1,001 - $15,000+25.8%S&P 500 +23.0% · +2.7 pts vs S&P 500Jul 1, 2025Aug 7, 202537d
Ro KhannaStockPurchase$1,001 - $15,000+28.6%S&P 500 +26.2% · +2.4 pts vs S&P 500Jun 23, 2025Jul 9, 202516d
Julie JohnsonJointStockSale$1,001 - $15,000+39.5%After the saleS&P 500 +35.4% · +4.0 pts vs S&P 500Apr 1, 2025May 14, 202543d
Josh GottheimerJointStockSale$1,001 - $15,000+48.6%After the saleS&P 500 +40.0% · +8.7 pts vs S&P 500Apr 9, 2025May 14, 202535d
Ro KhannaStockSale$1,001 - $15,000+48.6%After the saleS&P 500 +40.0% · +8.7 pts vs S&P 500Apr 9, 2025May 12, 202533d
Ro KhannaStockSale$1,001 - $15,000+51.6%After the saleS&P 500 +41.4% · +10.2 pts vs S&P 500Apr 15, 2025May 12, 202527d
Jefferson ShreveStockSale$15,001 - $50,000+51.2%After the saleS&P 500 +42.4% · +8.8 pts vs S&P 500Apr 11, 2025May 8, 202527d
Marjorie Taylor GreeneStockPurchase$1,001 - $15,000+48.5%S&P 500 +34.9% · +13.6 pts vs S&P 500May 5, 2025May 6, 20251d
Robert BresnahanStockSale$1,001 - $15,000+59.9%After the saleS&P 500 +53.0% · +7.0 pts vs S&P 500Apr 8, 2025Apr 28, 202520d

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.

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, 2026

9 members report a position (estimated). The largest estimated position is in the $250,001 - $500,000 band.

MemberParty, chamberEstimated positionShare of their portfolio
J. French HillRepublican · House$250,001 - $500,0002.5%
Bill HagertyRepublican · Senate$100,001 - $250,0000.5%
Darin LaHoodRepublican · House$15,001 - $50,00026.3%
Josh GottheimerDemocrat · House$15,001 - $50,0000.1%
Shelley Moore CapitoRepublican · Senate$1,001 - $15,0000.4%
Daniel MeuserRepublican · House$1,001 - $15,0000.4%
Gilbert Ray Cisneros, Jr.Democrat · House$1,001 - $15,000<0.1%
Lucy McBathDemocrat · House$1,001 - $15,0000.1%
Robert BresnahanRepublican · House$1,001 - $15,0000.1%

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

$A range, not an amount. Members disclose a band such as $1,001 to $15,000. The band is the filing, and we do not narrow it.
45Up to 45 days after the trade, lawfully. The delay column counts calendar days from the transaction to its publication. Inside 45 days is within the law.
OPAn option names the underlying. A contract on a company is described using that company's name, so it can read like a share purchase. Those rows say otherwise.

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.

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