Elkins Claude E, EVP & Chief Marketing Officer, has demonstrated a consistent pattern of selling shares in Norfolk Southern Corporation (NSC) over multiple years, with no recorded purchases in the available data. According to SEC Form 4 filings, Elkins executed 33 transactions exclusively involving NSC, all of which were sales, totaling $686,951.79 in aggregate value. The transactions were concentrated around late January each year—2024, 2025, and 2026—suggesting a recurring disposition schedule, possibly tied to vesting events or planned divestments. In January 2026 alone, Elkins sold shares worth $143,884.66 across three transactions, including a $61,317.82 sale on January 30 and two others totaling $82,526.44 earlier that week.
The filings indicate that Elkins’ sales were executed under transaction codes "F" (indicating open-market or privately negotiated sales) and "M" (exercise of derivative securities), though no monetary value was associated with the latter. The largest single sale occurred on January 30, 2025, at $118,854.12, followed by a $57,626.24 transaction the same day. While the absence of buying activity suggests a net reduction in holdings, the regularity of these sales—particularly their timing—implies a structured approach rather than reactive trading. The data does not reflect any recent transactions beyond January 2026, leaving open whether this pattern will persist in subsequent years.
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