secwatch.observer — SEC 8-K summary
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Issuer:     NORFOLK SOUTHERN CORP (NSC)
CIK:        0000702165
Form:       8-K
Filed at:   2022-01-26T23:59:59+00:00
Accession:  0001552781-22-000119
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Norfolk Southern Q4 EPS $3.12, op ratio 60.4% record; Shaw to become CEO May 1
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- Q4 net income $760M, diluted EPS $3.12; FY net income $3.005B, diluted EPS $12.11, both records.
- Railway operating ratio improved to 60.4% in Q4 and 60.1% for FY, both all-time records.
- Alan H. Shaw to succeed James A. Squires as CEO effective May 1, 2022; Shaw elected to board.
- Amy E. Miles elected non-executive chair of board effective May 1; Steven Leer remains as director.
- Repurchased 12.7M shares for $3.4B in 2021; board amended bylaws to separate CEO/chair roles.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/702165/000155278122000119/0001552781-22-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/702165/000155278122000119/e22049_nsc-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-22-000119

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