CSXCSX Corporation
CSX Corporation, together with its subsidiaries ("CSX" or the “Company”), based in Jacksonville, Florida, is one of the nation's leading transportation companies. 10-K, Item 1
Deals between CSX and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement. Below: what the proxy filed 2026-03-30 reports that the one filed 2025-03-25 did not, quoted as filed.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-03-25.
Nothing new: every deal in this year's section was reported last year too.
No longer reported 1 paragraph of the proxy filed 2025-03-25 with nothing like them this year
Transactions with Related Persons and Other Matters“Ann D. Begeman, who was appointed to the CSX Board on January 27, 2025, previously advised the Company on regulatory and government affairs matters, for which she received payments of $275,000 for services rendered in fiscal year 2024.”
Read it in last year's proxy ↗
The whole section 5 paragraphs, proxy filed 2026-03-30
Transactions with Related Persons and Other Matters“CSX operates under a Code of Ethics that requires all employees, officers, and directors, without exception, to avoid engaging in activities or relationships that conflict, or would be perceived to conflict, with the Company’s interests or adversely affect its reputation. It is understood, however, that certain relationships or transactions may arise that would be deemed acceptable and appropriate upon full disclosure of the transaction, following review to ensure there is a legitimate business reason for the transaction and that the terms of the transaction are no less favorable to CSX than could be obtained from an unrelated person. The Audit Committee is responsible for oversight, review, and approval or ratification of all transactions with related persons. CSX has not adopted written procedures for reviewing, approving, or ratifying “Related Person Transactions”, as such transactions are identified in Item 404 of Regulation S-K, but generally follows the procedures described below in accordance with Item 404 of Regulation S-K.”
Read it in the proxy ↗
Transactions with Related Persons and Other Matters“On an annual basis, in response to the Directors and Officers Questionnaire (the “Questionnaire”), each director, director nominee, and executive officer submits to the Company’s Corporate Secretary a description of any current or proposed Related Person Transactions. Directors and executive officers are expected to notify the Corporate Secretary of any updates to the list of Related Person Transactions during the year. If Related Person Transactions are identified, those transactions are reviewed by the Audit Committee. The Audit Committee will evaluate Related Person Transactions based on:”
Read it in the proxy ↗
Transactions with Related Persons and Other Matters“u Information provided to the Board during the required annual affirmation of independence;”
Read it in the proxy ↗
Transactions with Related Persons and Other Matters“u Applicable responses to the Questionnaires submitted to the Company; and u Any other applicable information provided by any director or executive officer of the Company, or obtained through internal database queries.”
Read it in the proxy ↗
Transactions with Related Persons and Other Matters“In connection with the review, approval, or ratification of any Related Person Transaction, the Audit Committee will consider whether the transaction will be a conflict of interest or give the appearance of a conflict of interest. In the case of any Related Person Transaction involving an outside director or nominee for director, the Audit Committee will also consider whether the transaction will compromise the director’s status as an independent director as prescribed in the applicable NASDAQ listing standards.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗
Work on CSX in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/CSX/export.csv") into a cell.