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Form 8-K · Current Report · Filed 2025-05-12

CSX Corporation Announces Election Results and Approvals from Annual Meeting

CSX Corporation held its Annual Meeting of Shareholders on May 7, 2025.

Filer
CSX Corp CSX · NASDAQ
Filed
Accession
0000950103-25-005915
CIK
0000277948
Signal
Low impactIndustrials

Details

All twelve nominees for the Board of Directors were elected with overwhelming support. Shareholders also ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2025 and approved, on an advisory basis, the compensation of CSX's named executive officers.

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Say-on-Pay Approved

Market reaction

Close before filing

$28.74

Next session

+6.3%

Since filing

+75.4%

Latest close

$50.40

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CSX reporting the same item, with the next session's move:

About CSX Corp

CSX Corp is a leading transportation company in the United States that primarily operates in the rail sector. Its core function is to provide rail transportation services, which are crucial for the efficient movement of goods across the eastern half of the country. CSX Corp's network includes about 20,000 miles of track, intermodal terminals, and various related facilities, facilitating the transport of diverse commodities such as coal, chemicals, automobiles, and agricultural products. With its strategic positioning, CSX plays a pivotal role in supply chain logistics, impacting sectors ranging from manufacturing to agriculture. The company's services not only enhance connectivity between major ports and marketplaces but also support the broader economic infrastructure by enabling efficient cargo transfers. As rail freight remains a cost-effective and energy-efficient transportation mode, CSX's operations are vital for reducing transportation costs and emissions in comparison to road transport. Additionally, CSX Corp contributes significantly to economic development by improving the reach and scale of goods distribution, thus supporting infrastructure growth within the regions it serves.

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