{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-140350","form_type":"8-K","ticker":"NSC","cik":"0000702165","company_name":"NORFOLK SOUTHERN CORP","filed_at":"2026-04-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.649861+00:00","generated_at":"2026-05-15T07:54:23.562521+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Norfolk Southern renews HQ lease for 5 years, $498.7M aggregate; reclassifies as finance lease","bullets":["Renewed lease for headquarters at 650 West Peachtree Street, Atlanta, for a 5-year term starting April 1, 2026.","Aggregate lease amount of approximately $498.7 million at floating interest rate (Term SOFR plus margin).","Lease reclassified from operating to finance lease for financial reporting purposes.","Norfolk Southern Corporation guarantees subsidiary's obligations under the lease.","BAL (BA Leasing BSC, LLC) now sole counterparty; previous bank interests transferred."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-140350","json":"https://secwatch.observer/filing/0001193125-26-140350.json","markdown":"https://secwatch.observer/filing/0001193125-26-140350.md","text":"https://secwatch.observer/filing/0001193125-26-140350.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/702165/000119312526140350/0001193125-26-140350-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/702165/000119312526140350/nsc-20260402.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T07:54:23.562521+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":[{"claim_id":"5dbfe47d8449939522de52b06dc707b46427eaff","claim":"NORFOLK SOUTHERN CORP amended Amended and Restated Participation Agreement with BA Leasing BSC, LLC valued at approximately $498.7 million (effective 2026-04-01).","evidence_excerpt":"On April 1, 2026 (the “Closing Date”), Norfolk Southern Corporation (the “Company”), through its wholly-owned freight railroad subsidiary Norfolk Southern Railway Company (“NSRC”), entered into certain amended and restated agreements to renew the lease of its corporate headquarters building located at 650 West Peachtree Street NW, Atlanta, Georgia (the “Building”) for an additional five-year term.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/702165/000119312526140350/0001193125-26-140350-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"lease"},{"label":"Counterparty","value":"BA Leasing BSC, LLC"},{"label":"Value","value":"approximately $498.7 million"},{"label":"Effective","value":"2026-04-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}