What the executives and directors of CSX Corporation actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| Hilal Paul C | Director | 1.5M | — | — |
| ALVARADO DONNA M | Director | 393.3K | — | — |
| ZILLMER JOHN J | Director | 353.7K | — | $465K |
| Halverson Steven T | Director | 336.2K | — | — |
| Hinrichs Joseph R President & CEO | CEO | 304.4K | — | — |
| Boone Kevin S. EVP & CFO | CFO | 222.1K | — | $7.5M |
| Goldman Nathan D EVP & CLO | Officer | 203K | — | — |
| Sorfleet Diana B EVP & CAO | Officer | 179K | — | $6.2M |
| ANGEL STEPHEN F President & CEO | CEO | 146.5K | $3M | — |
| WHISLER J STEVEN | Director | 139.4K | — | — |
| Pelkey Sean R. EVP & CFO | CFO | 138.8K | — | — |
| Cory Michael A. EVP & COO | COO | 96K | — | — |
| Fortune Stephen EVP - CD & TO | Officer | 87.8K | — | $1.2M |
| Burns Michael S. SVP - CLO & Corp Secy | Officer | 72.6K | — | $1.6M |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-07-24 | Williams Angela C (Officer) | Discretionary sale | 30K | $53.29 | $1.6M |
| 2026-07-24 | Burns Michael S. (Officer) | Discretionary sale | 13K | $52.68 | $685K |
| 2026-06-03 | ZILLMER JOHN J (Director) | Discretionary sale | 10K | $46.45 | $465K |
| 2026-06-03 | Boone Kevin S. (CFO) | Discretionary sale | 136.7K | $46.70 | $6.4M |
| 2026-03-06 | ANGEL STEPHEN F (CEO) | Open-market buy | 25K | $40.27 | $1M |
| 2026-02-19 | Sorfleet Diana B (Officer) | Discretionary sale | 90K | $41.56 | $3.7M |
| 2026-02-03 | Fortune Stephen (Officer) | Discretionary sale | 31.5K | $38.65 | $1.2M |
| 2026-01-28 | Sorfleet Diana B (Officer) | Discretionary sale | 66.7K | $37.48 | $2.5M |
| 2025-10-22 | Boone Kevin S. (Officer) | Discretionary sale | 31.1K | $36.09 | $1.1M |
| 2025-10-20 | ANGEL STEPHEN F (CEO) | Open-market buy | 55K | $36.87 | $2M |
| 2025-10-20 | Burns Michael S. (Officer) | Discretionary sale | 24.2K | $36.76 | $891K |
| 2025-03-04 | Fortune Stephen (Officer) | Discretionary sale | 1,500 | $31.41 | $47K |
| 2024-11-18 | Goldman Nathan D (Officer) | Discretionary sale | 48.6K | $35.40 | $1.7M |
| 2024-11-18 | Goldman Nathan D (Officer) | Discretionary sale | 70K | $35.39 | $2.5M |
| 2024-02-20 | Goldman Nathan D (Officer) | Planned sale (10b5-1) | 244.5K | $36.62 | $9M |
| 2024-02-07 | Sorfleet Diana B (Officer) | Discretionary sale | 37.1K | $37.17 | $1.4M |
| 2024-02-06 | Boone Kevin S. (Officer) | Discretionary sale | 60K | $37.10 | $2.2M |
| 2022-06-06 | ZILLMER JOHN J (Director) | Discretionary sale | 16K | $32.25 | $516K |
| 2022-05-13 | WAINSCOTT JAMES L (Director) | Open-market buy | 5,000 | $33.48 | $167K |
| 2022-05-12 | WAINSCOTT JAMES L (Director) | Open-market buy | 5,000 | $32.93 | $165K |
| 2021-10-22 | Goldman Nathan D (Officer) | Discretionary sale | 17.8K | $34.94 | $622K |
| 2021-10-22 | Goldman Nathan D (Officer) | Discretionary sale | 40K | $34.94 | $1.4M |
| 2021-10-21 | Williams Angela C (Officer) | Discretionary sale | 3,558 | $35.33 | $126K |
| 2021-10-21 | Williams Angela C (Officer) | Discretionary sale | 3,948 | $35.33 | $139K |
| 2021-10-21 | Williams Angela C (Officer) | Discretionary sale | 3,948 | $35.67 | $141K |
| 2021-10-21 | Williams Angela C (Officer) | Discretionary sale | 5,298 | $35.34 | $187K |
| 2021-10-21 | Williams Angela C (Officer) | Discretionary sale | 6,609 | $35.33 | $233K |
| 2021-10-21 | Williams Angela C (Officer) | Discretionary sale | 7,356 | $35.34 | $260K |
| 2021-10-21 | Williams Angela C (Officer) | Discretionary sale | 7,818 | $35.67 | $279K |
| 2021-09-08 | Wallace Mark Kenneth (Officer) | Discretionary sale | 161.5K | $31.60 | $5.1M |
| 2021-08-24 | ZILLMER JOHN J (Director) | Discretionary sale | 15K | $33.54 | $503K |
| 2021-07-26 | ZILLMER JOHN J (Director) | Discretionary sale | 80K | $32.64 | $2.6M |
| 2021-07-26 | Goldman Nathan D (Officer) | Discretionary sale | 35K | $32.87 | $1.2M |
| 2021-05-10 | Wallace Mark Kenneth (Officer) | Discretionary sale | 48K | $104.38 | $5M |
| 2021-05-03 | MOFFETT DAVID M (Director) | Discretionary sale | 5,819 | $101.93 | $593K |
| 2021-04-30 | Hilal Paul C (Director) | Discretionary sale | 500K | $100.40 | $50.2M |
| 2021-04-28 | Hilal Paul C (Director) | Discretionary sale | 411.7K | $101.00 | $41.6M |
| 2021-04-28 | Hilal Paul C (Director) | Discretionary sale | 1M | $100.90 | $100.9M |
| 2021-04-26 | Sorfleet Diana B (Officer) | Discretionary sale | 8,260 | $102.46 | $846K |
| 2021-04-26 | Sorfleet Diana B (Officer) | Discretionary sale | 22.3K | $102.49 | $2.3M |
| 2021-04-22 | ZILLMER JOHN J (Director) | Discretionary sale | 17.2K | $102.92 | $1.8M |
| 2021-04-22 | Goldman Nathan D (Officer) | Discretionary sale | 12K | $102.82 | $1.2M |
| 2021-04-22 | Goldman Nathan D (Officer) | Discretionary sale | 24.3K | $103.50 | $2.5M |
| 2021-02-12 | Wallace Mark Kenneth (Officer) | Discretionary sale | 26.5K | $89.44 | $2.4M |
| 2020-11-05 | Wallace Mark Kenneth (Officer) | Discretionary sale | 3,986 | $87.57 | $349K |
| 2020-11-05 | Goldman Nathan D (Officer) | Discretionary sale | 12K | $87.23 | $1M |
| 2020-08-11 | Goldman Nathan D (Officer) | Discretionary sale | 25K | $75.54 | $1.9M |
| 2020-08-11 | Sorfleet Diana B (Officer) | Discretionary sale | 2,095 | $75.62 | $158K |
| 2020-08-11 | Sorfleet Diana B (Officer) | Discretionary sale | 34.7K | $75.28 | $2.6M |
| 2020-07-24 | ZILLMER JOHN J (Director) | Discretionary sale | 20.5K | $72.13 | $1.5M |
| 2020-07-01 | FOOTE JAMES M (CEO) | Open-market buy | 342 | $59.28 | $20K |
| 2020-07-01 | Wallace Mark Kenneth (Officer) | Open-market buy | 341 | $59.28 | $20K |
| 2020-07-01 | Boone Kevin S. (CFO) | Open-market buy | 267 | $59.28 | $16K |
| 2020-05-27 | Wallace Mark Kenneth (Officer) | Discretionary sale | 20K | $72.79 | $1.5M |
| 2020-04-29 | Hilal Paul C (Director) | Discretionary sale | 700K | $68.31 | $47.8M |
| 2020-02-20 | ALVARADO DONNA M (Director) | Discretionary sale | 113 | $80.24 | $9K |
| 2020-02-20 | ALVARADO DONNA M (Director) | Discretionary sale | 11.2K | $80.28 | $902K |
| 2020-02-18 | Goldman Nathan D (Officer) | Discretionary sale | 8,000 | $79.62 | $637K |
| 2020-01-02 | Boone Kevin S. (CFO) | Open-market buy | 78 | $61.51 | $5K |
| 2019-10-24 | Halverson Steven T (Director) | Discretionary sale | 39.8K | $71.65 | $2.9M |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.