{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-168147","form_type":"8-K","ticker":"NSC","cik":"0000702165","company_name":"NORFOLK SOUTHERN CORP","filed_at":"2025-07-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.179280+00:00","generated_at":"2026-05-17T23:52:13.598284+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Union Pacific to acquire Norfolk Southern in stock-and-cash deal valued at $88.82 cash plus 1 UNP share per NSC share","bullets":["Each NSC share converts into 1 share of UNP common stock plus $88.82 in cash.","Transaction valued at implied premium; expected to close by Jan 28, 2028, subject to regulatory and shareholder approvals.","Union Pacific will pay Norfolk Southern a $2.5B termination fee under certain regulatory denial scenarios.","Three NSC directors, including Mark George and Richard Anderson, will join Union Pacific's board post-closing.","NSC common stock will be delisted from NYSE and deregistered upon completion of the merger."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-168147","json":"https://secwatch.observer/filing/0001193125-25-168147.json","markdown":"https://secwatch.observer/filing/0001193125-25-168147.md","text":"https://secwatch.observer/filing/0001193125-25-168147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/702165/000119312525168147/0001193125-25-168147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/702165/000119312525168147/d877267d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T23:52:13.598284+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}