Insider trade

Officer sold ~$891K of CSX shares in the open market

Traded Oct 20, 2025 · Filed Oct 22, 2025

CSX CorporationCSX

~$891K
Reported value · 24K sh @ $36.76: 52K
Holds after · shares reported: +26.9%
stock since the trade · S&P 500 +13.8%, $36.67 → $46.54 on Oct 1

Why it stands out

CSX Corporation's SVP - CLO & Corp Secy sold $891K of CSX Corporation shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Oct 20, 2025
Reporting period: Not applicable
Filed with the SEC: Oct 22, 2025

Officer$500K–$1M

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$891,393

Shares × reported transaction price

Timing vs results

4 days after results of Oct 16, 2025, 94 days before results of Jan 22, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $36.67 on Oct 20, 2025, within 1% of its 52-week high, after a 13% rise over the previous 30 trading days

52-week range $26.69 (Apr 8, 2025) to $36.88 (Nov 6, 2024), 98% of the way up, from 250 adjusted closes. 30 trading days earlier: $32.43 on Sep 8, 2025. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+0.3%	+1.2%	-0.9%
30 days	-3.2%	-0.5%	-2.8%
90 days	+2.8%	+2.0%	+0.8%
180 days	+22.1%	+4.8%	+17.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-25-246856
Filed / recorded: Oct 22, 2025, 8:30 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: CSX CORP
Issuer CIK: 277948
Ticker: CSX
Reporting person: Michael S. Burns
Relationship: Officer
Officer title: SVP - CLO & Corp Secy
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Oct 20, 2025
Transaction code: S
Shares / units: 24,249
Price per share: $36.76
Acquired / disposed: Disposed (D)
Shares owned after: 51,640
Ownership form: Direct
Amendment: No

Footnotes from the filing

Weighted average price, as these shares were sold in multiple transactions at prices ranging from $36.76 to $36.77, inclusive. The Reporting Person undertakes to provide to CSX Corporation, any security holder of CSX Corporation, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.