secwatch.observer — SEC 8-K summary
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Issuer:     CSX CORP (CSX)
CIK:        0000277948
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0000950103-24-002715
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277948/000095010324002715/0000950103-24-002715-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277948/000095010324002715/dp207280_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-24-002715

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