NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

STEPHENS INC /AR/'s Holding History (CIK: 0000757657)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 9,679 Value ($000) $2,795 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 9,314 Value ($000) $2,798 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 9,327 Value ($000) $2,387 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 9,314 Value ($000) $2,206 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 9,340 Value ($000) $2,192 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 9,281 Value ($000) $2,306 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 9,452 Value ($000) $2,029 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 9,845 Value ($000) $2,509 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 10,049 Value ($000) $2,375 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 9,901 Value ($000) $1,950 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 9,932 Value ($000) $2,252 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 10,212 Value ($000) $2,165 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 10,378 Value ($000) $2,557 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 9,828 Value ($000) $2,060 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 14,905 Value ($000) $3,388 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 9,324 Value ($000) $2,659 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 9,758 Value ($000) $2,905 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 10,893 Value ($000) $2,606 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 11,568 Value ($000) $3,070 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 11,527 Value ($000) $3,095 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 12,091 Value ($000) $2,873 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 11,907 Value ($000) $2,548 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 12,385 Value ($000) $2,174 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 12,967 Value ($000) $1,893 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 14,810 Value ($000) $2,875 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 15,252 Value ($000) $2,740 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 13,321 Value ($000) $2,655 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 13,333 Value ($000) $2,492 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 12,988 Value ($000) $1,942 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 12,364 Value ($000) $2,232 Avg Close $147.16 Range $128.72 - $161.27

Q2 2018

Shares 12,445 Value ($000) $1,878 Avg Close $125.28 Range $109.19 - $136.18

Q1 2018

Shares 11,927 Value ($000) $1,619 Avg Close $122.67 Range $112.62 - $133.63

Q4 2017

Shares 11,666 Value ($000) $1,690 Avg Close $113.99 Range $106.48 - $124.43

Q3 2017

Shares 11,857 Value ($000) $1,568 Avg Close $102.71 Range $93.81 - $113.26

Q2 2017

Shares 11,580 Value ($000) $1,409 Avg Close $98.76 Range $93.02 - $105.49

Q1 2017

Shares 10,068 Value ($000) $1,127 Avg Close $97.78 Range $88.22 - $104.69

Q4 2016

Shares 12,106 Value ($000) $1,308 Avg Close $83.99 Range $74.46 - $92.84

Q3 2016

Shares 11,594 Value ($000) $1,125 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 11,578 Value ($000) $986 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 11,049 Value ($000) $920 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 10,056 Value ($000) $851 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 7,968 Value ($000) $609 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 8,759 Value ($000) $765 Avg Close $77.43 Range $69.21 - $84.64

Q1 2015

Shares 13,187 Value ($000) $1,357 Avg Close $84.19 Range $78.29 - $88.38

Q4 2014

Shares 14,906 Value ($000) $1,634 Avg Close $85.81 Range $79.24 - $92.28

Q3 2014

Shares 13,552 Value ($000) $1,512 Avg Close $82.62 Range $77.74 - $88.50

Q2 2014

Shares 21,513 Value ($000) $2,216 Avg Close $76.02 Range $70.92 - $81.20

Q1 2014

Shares 21,340 Value ($000) $2,074 Avg Close $71.41 Range $66.84 - $75.69

Q4 2013

Shares 18,905 Value ($000) $1,755 Avg Close $65.71 Range $58.01 - $71.47

Q3 2013

Shares 15,183 Value ($000) $1,174 Avg Close $56.99 Range $54.14 - $60.17

Q2 2013

Shares 6,768 Value ($000) $492 Avg Close $57.67 Range $53.20 - $61.33

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	9,679	$2,795	$288.62	$277.08 - $300.79
Q3 2025	9,314	$2,798	$276.03	$252.95 - $299.47
Q2 2025	9,327	$2,387	$233.06	$198.48 - $255.81
Q1 2025	9,314	$2,206	$239.35	$222.00 - $264.36
Q4 2024	9,340	$2,192	$248.46	$225.19 - $271.79
Q3 2024	9,281	$2,306	$233.00	$204.24 - $253.86
Q2 2024	9,452	$2,029	$224.21	$200.19 - $246.91
Q1 2024	9,845	$2,509	$237.76	$214.83 - $253.85
Q4 2023	10,049	$2,375	$200.12	$174.02 - $227.48
Q3 2023	9,901	$1,950	$205.00	$184.44 - $225.83
Q2 2023	9,932	$2,252	$200.25	$185.68 - $215.05
Q1 2023	10,212	$2,165	$216.72	$184.28 - $242.90
Q4 2022	10,378	$2,557	$220.43	$189.06 - $244.31
Q3 2022	9,828	$2,060	$222.85	$194.58 - $245.30
Q2 2022	14,905	$3,388	$226.47	$202.60 - $262.57
Q1 2022	9,324	$2,659	$252.93	$227.90 - $273.69
Q4 2021	9,758	$2,905	$255.22	$218.02 - $273.89
Q3 2021	10,893	$2,606	$233.46	$217.60 - $249.27
Q2 2021	11,568	$3,070	$250.29	$237.13 - $267.99
Q1 2021	11,527	$3,095	$228.85	$207.42 - $247.83
Q4 2020	12,091	$2,873	$204.73	$176.03 - $223.49
Q3 2020	11,907	$2,548	$179.92	$151.06 - $201.91
Q2 2020	12,385	$2,174	$150.98	$121.35 - $179.10
Q1 2020	12,967	$1,893	$163.63	$100.01 - $194.41
Q4 2019	14,810	$2,875	$165.56	$146.52 - $174.77
Q3 2019	15,252	$2,740	$161.51	$148.22 - $182.44
Q2 2019	13,321	$2,655	$173.34	$164.54 - $184.28
Q1 2019	13,333	$2,492	$150.47	$124.50 - $164.26
Q4 2018	12,988	$1,942	$142.35	$120.21 - $160.07
Q3 2018	12,364	$2,232	$147.16	$128.72 - $161.27
Q2 2018	12,445	$1,878	$125.28	$109.19 - $136.18
Q1 2018	11,927	$1,619	$122.67	$112.62 - $133.63
Q4 2017	11,666	$1,690	$113.99	$106.48 - $124.43
Q3 2017	11,857	$1,568	$102.71	$93.81 - $113.26
Q2 2017	11,580	$1,409	$98.76	$93.02 - $105.49
Q1 2017	10,068	$1,127	$97.78	$88.22 - $104.69
Q4 2016	12,106	$1,308	$83.99	$74.46 - $92.84
Q3 2016	11,594	$1,125	$75.16	$68.43 - $80.53
Q2 2016	11,578	$986	$69.72	$63.83 - $76.86
Q1 2016	11,049	$920	$61.54	$52.69 - $70.78
Q4 2015	10,056	$851	$69.12	$61.01 - $79.94
Q3 2015	7,968	$609	$65.12	$57.94 - $70.74
Q2 2015	8,759	$765	$77.43	$69.21 - $84.64
Q1 2015	13,187	$1,357	$84.19	$78.29 - $88.38
Q4 2014	14,906	$1,634	$85.81	$79.24 - $92.28
Q3 2014	13,552	$1,512	$82.62	$77.74 - $88.50
Q2 2014	21,513	$2,216	$76.02	$70.92 - $81.20
Q1 2014	21,340	$2,074	$71.41	$66.84 - $75.69
Q4 2013	18,905	$1,755	$65.71	$58.01 - $71.47
Q3 2013	15,183	$1,174	$56.99	$54.14 - $60.17
Q2 2013	6,768	$492	$57.67	$53.20 - $61.33