secwatch.observer — SEC 8-K summary
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Issuer:     NORFOLK SOUTHERN CORP (NSC)
CIK:        0000702165
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0001193125-24-139405
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Norfolk Southern annual meeting: three Ancora dissident directors elected; say-on-pay fails
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- Shareholders elected 13 directors including Ancora nominees William Clyburn Jr., Sameh Fahmy, and Gilbert Lamphere.
- Advisory vote on executive compensation failed: 122.9M against vs. 47.6M for.
- Ancora's bylaw proposal to require shareholder vote on board-adopted bylaw amendments passed (105.9M for).
- Say-on-pay failed with 72% of votes against; broker non-votes 5.4M.
- Ratification of KPMG as auditor passed with 172.5M for; shareholder lobbying proposal rejected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/702165/000119312524139405/0001193125-24-139405-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/702165/000119312524139405/d63340d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-139405

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