Norfolk Southern Corporation
Ownership
Ownership Structure
Who owns Norfolk Southern Corporation (NSC)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 99.8% of the shares are freely tradable; institutional investors hold 78.2%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| BlackRock Inc | 7.12 | 16,000,346 | +4.7 | 06/30/2026 |
| Vanguard Capital Management, LLC | 6.53 | 14,666,136 | +0.5 | 06/30/2026 |
| State Street Corp | 4.56 | 10,242,817 | +4.2 | 06/30/2026 |
| Vanguard Portfolio Management, LLC | 3.21 | 7,215,898 | +79.2 | 06/30/2026 |
| Millennium Management LLC | 2.32 | 5,201,728 | +13.5 | 06/30/2026 |
| Geode Capital Management, LLC | 2.28 | 5,114,278 | +0.8 | 06/30/2026 |
| Bank of America Corp | 1.39 | 3,111,914 | -2.8 | 06/30/2026 |
| NORGES BANK | 1.35 | 3,040,628 | -19.1 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Vanguard MStar Total Stk Mkt Idx Invest | 3.17 | 7,130,823 | -0.1 | 09/30/2026 |
| Vanguard 500 Index Investor | 2.63 | 5,898,393 | -1.2 | 09/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| George Mark R | President & CEO | 22,783 | 7,805,456 $ | Sep 13, 2026 | direct |
| Bhatt Anil | EVP & CIDO | 3,960 | 1,356,696 $ | Oct 24, 2026 | direct |
| Barr Brian | Chief Operating Officer | 1,354 | 463,880 $ | Oct 24, 2026 | direct |
| Huffard John C Jr | Director | 333 | 114,199 $ | Oct 8, 2026 | indirect |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Oct 24, 2026 | Bhatt Anil | EVP & CIDO | Other | 1,338 | 332.09 | 444,336 |
| Oct 24, 2026 | Bhatt Anil | EVP & CIDO | Other | 3,259 | 0.00 | – |
| Oct 24, 2026 | Barr Brian | Chief Operating Officer | Other | 117 | 332.09 | 38,855 |
| Oct 24, 2026 | Barr Brian | Chief Operating Officer | Other | 653 | 0.00 | – |
| Oct 8, 2026 | Huffard John C Jr | Director | Other | 333 | 0.00 | – |
| Sep 13, 2026 | George Mark R | President & CEO | Other | 1,035 | 323.30 | 334,616 |
| Sep 13, 2026 | George Mark R | President & CEO | Other | 2,653 | 0.00 | – |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: October 30, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.