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NORFOLK SOUTHERN CORP 8-K/A Report, Shareholder Vote Results (May 17, 2023)

Reports
Shareholder Matters
Filing Date
Filed May 17, 2023
Period End
May 11, 2023
Security
NSC
In the record · 2016–202610-K1110-Q328-K193

NSC filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 193 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · May ’18May ’18
  2. Change in control8-K · Jun ’20Jun ’20
  3. Material agreement8-K · Jun ’22Jun ’22
  4. Leadership change8-K · Jun ’26Jun ’26

Summary

Summary of the 8-K/A filed May 17, 2023. Cited figures are marked; the original filing is the authoritative source.

Norfolk Southern Corporation (NSC) has filed an amendment to its previous 8-K filing to clarify a specific detail regarding its annual stockholder meeting.

The amendment primarily addresses the frequency of advisory votes on executive compensation. Following the results of the 2023 Annual Meeting of Stockholders, the Board of Directors has decided to conduct these advisory votes on an annual basis. This decision ensures that stockholders will have a say on executive compensation every year, aligning with common corporate governance practices and investor expectations for transparency.

Key Highlights

  1. Amendment filed for 8-K dated May 15, 2023.
  2. Purpose of the amendment is to disclose the frequency of future advisory votes on executive compensation.
  3. The Board of Directors decided to hold advisory votes on executive compensation annually.
  4. This decision was made in light of the voting results from the 2023 Annual Meeting of Stockholders.
  5. No other changes were made to the original filing.

Frequently Asked Questions

  1. What is the main purpose of this 8-K/A filing?

    The main purpose of this amended 8-K filing is to officially disclose Norfolk Southern's decision to hold advisory votes on executive compensation on an annual basis, following the results of their 2023 Annual Meeting of Stockholders.

  2. How often will stockholders be able to vote on executive compensation going forward?

    Stockholders will be able to vote on executive compensation on an advisory basis every year, as Norfolk Southern's Board of Directors has decided to include this in their proxy materials annually.

  3. Were there any other changes made to the original May 15, 2023 filing?

    No, the company explicitly states that the sole purpose of this amendment is to disclose the frequency of future stockholder advisory votes on executive compensation. No other changes were made to the original filing.