secwatch.observer — SEC 8-K summary
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Issuer:     CSX CORP (CSX)
CIK:        0000277948
Form:       8-K
Filed at:   2026-10-13T12:00:27+00:00
Accession:  0000277948-26-000034
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

CSX COO Mike Cory retires; Ryhorchuk and Albright to report directly to CEO Angel
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- Mike Cory ceased serving as EVP and Chief Operating Officer on October 12, 2026; he provides transition services through May 8, 2027.
- Transition Agreement retains his $780,000 annual base salary, 2026 MICP bonus at actual performance, and a prorated 2027 MICP target bonus.
- Outstanding equity awards will be treated as a 'retirement' termination under the applicable award agreements; Non-Compete runs 24 months post-employment.
- Doug Ryhorchuk (SVP Operations) and Casey Albright (SVP Network Operations and Service Design) now report directly to CEO Steve Angel; no successor COO named.
- Ryhorchuk spent nearly four decades at CN before joining CSX in 2024; Albright has nearly 30 years of service at CSX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277948/000027794826000034/0000277948-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277948/000027794826000034/csx-20261012.htm
  HTML page:      https://secwatch.observer/filing/0000277948-26-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer