---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-24-002715"
form_type: "8-K"
ticker: "CSX"
cik: "0000277948"
company_name: "CSX CORP"
filed_at: "2024-02-23T23:59:59+00:00"
generated_at: "2026-06-05T17:43:43.043614+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# CSX raises CEO Hinrichs' base salary to $1.5M, boosts bonus and LTI targets

## Summary
- Base salary increased from $1.4M to $1.5M.
- Target annual bonus opportunity raised from 150% to 175% of base salary.
- Target long-term incentive increased from $10M to $11.4M.
- Annual cap on personal aircraft use raised from $175k to $250k.

## SEC filing metadata
- accession: 0000950103-24-002715
- form_type: 8-K
- ticker: CSX
- cik: 0000277948
- company_name: CSX CORP
- filed_at: 2024-02-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/277948/000095010324002715/0000950103-24-002715-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/277948/000095010324002715/dp207280_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-24-002715
- JSON: https://secwatch.observer/filing/0000950103-24-002715.json
- Plain text: https://secwatch.observer/filing/0000950103-24-002715.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.