<SEC-DOCUMENT>0000702165-24-000011.txt : 20240510
<SEC-HEADER>0000702165-24-000011.hdr.sgml : 20240510
<ACCEPTANCE-DATETIME>20240510173919
ACCESSION NUMBER:		0000702165-24-000011
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240510
DATE AS OF CHANGE:		20240510

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NORFOLK SOUTHERN CORP
		CENTRAL INDEX KEY:			0000702165
		STANDARD INDUSTRIAL CLASSIFICATION:	RAILROADS, LINE-HAUL OPERATING [4011]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				521188014
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-08339
		FILM NUMBER:		24936208

	BUSINESS ADDRESS:	
		STREET 1:		650 W PEACHTREE STREET NW
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30308
		BUSINESS PHONE:		470-463-6807

	MAIL ADDRESS:	
		STREET 1:		650 W PEACHTREE STREET NW
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30308

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Elkins Claude E
		CENTRAL INDEX KEY:			0001898689
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		650 W. PEACHTREE ST, NW
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30308
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
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  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001898689</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000702165</issuerCik>
      <issuerName>NORFOLK SOUTHERN CORP</issuerName>
      <secFileNumber>001-08339</secFileNumber>
      <issuerAddress>
        <com:street1>650 W PEACHTREE STREET NW</com:street1>
        <com:city>ATLANTA</com:city>
        <com:stateOrCountry>GA</com:stateOrCountry>
        <com:zipCode>30308</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>470-463-6807</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Elkins Claude E</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Norfolk Southern Corporation Common Stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Harvest Wealth</name>
        <address>
          <com:street1>6720-B Rockledge Dr.</com:street1>
          <com:street2>Suite 440A</com:street2>
          <com:city>Bethesda</com:city>
          <com:stateOrCountry>MD</com:stateOrCountry>
          <com:zipCode>20817</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>3077</noOfUnitsSold>
      <aggregateMarketValue>700504.03</aggregateMarketValue>
      <noOfUnitsOutstanding>225914028</noOfUnitsOutstanding>
      <approxSaleDate>05/10/2024</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesInformation>
      <securitiesClassTitle>Norfolk Southern Corporation Common Stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Merrill Lynch, Pierce, Fenner &amp; Smith Inc.</name>
        <address>
          <com:street1>200 Rt. 31</com:street1>
          <com:street2>Suite 100</com:street2>
          <com:city>Flemington</com:city>
          <com:stateOrCountry>NJ</com:stateOrCountry>
          <com:zipCode>08822</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>5252</noOfUnitsSold>
      <aggregateMarketValue>1202053.31</aggregateMarketValue>
      <noOfUnitsOutstanding>225914028</noOfUnitsOutstanding>
      <approxSaleDate>05/10/2024</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/26/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>297</amountOfSecuritiesAcquired>
      <paymentDate>01/26/2024</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/27/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>294</amountOfSecuritiesAcquired>
      <paymentDate>01/27/2024</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/29/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>141</amountOfSecuritiesAcquired>
      <paymentDate>01/29/2024</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/30/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>380</amountOfSecuritiesAcquired>
      <paymentDate>01/30/2024</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/27/2015</acquiredDate>
      <natureOfAcquisitionTransaction>Cashless Exercise of Stock Option</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>959</amountOfSecuritiesAcquired>
      <paymentDate>05/10/2024</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/27/2015</acquiredDate>
      <natureOfAcquisitionTransaction>Cashless Exercise of Stock Option</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>651</amountOfSecuritiesAcquired>
      <paymentDate>05/10/2024</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/26/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Cashless Exercise of Stock Option</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1300</amountOfSecuritiesAcquired>
      <paymentDate>05/10/2024</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/28/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Cashless Exercise of Stock Option</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1230</amountOfSecuritiesAcquired>
      <paymentDate>05/10/2024</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/25/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>119</amountOfSecuritiesAcquired>
      <paymentDate>01/25/2022</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/26/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>209</amountOfSecuritiesAcquired>
      <paymentDate>01/26/2022</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/28/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>385</amountOfSecuritiesAcquired>
      <paymentDate>01/28/2022</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/31/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>243</amountOfSecuritiesAcquired>
      <paymentDate>01/31/2022</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/27/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>568</amountOfSecuritiesAcquired>
      <paymentDate>01/27/2022</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/26/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>393</amountOfSecuritiesAcquired>
      <paymentDate>01/26/2023</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/27/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>371</amountOfSecuritiesAcquired>
      <paymentDate>01/27/2023</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/28/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>386</amountOfSecuritiesAcquired>
      <paymentDate>01/28/2023</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>01/28/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>160</amountOfSecuritiesAcquired>
      <paymentDate>01/28/2023</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>12/01/2021</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercised/Earned that did not require a Rule 144 legend to be placed on the stock because of the nature of the transaction, but the shares were restricted solely because shareholder became an affiliate of the issuer of the securities.</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Norfolk Southern Corporation Common Stock</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>243</amountOfSecuritiesAcquired>
      <paymentDate>12/01/2021</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>05/10/2024</noticeDate>
      <signature>Denise W. Hutson via P.O.A. for Claude E. Elkins</signature>
    </noticeSignature>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
