NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

JOHNSON INVESTMENT COUNSEL INC's Holding History (CIK: 0000821197)

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

Q4 2025

Shares 28,962 Value ($000) $8,362 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 31,026 Value ($000) $9,320 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 30,803 Value ($000) $7,885 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 29,961 Value ($000) $7,096 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 29,550 Value ($000) $6,935 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 30,339 Value ($000) $7,539 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 30,383 Value ($000) $6,523 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 30,666 Value ($000) $7,816 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 30,896 Value ($000) $7,303 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 31,740 Value ($000) $6,251 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 32,411 Value ($000) $7,350 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 33,581 Value ($000) $7,119 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 44,264 Value ($000) $10,908 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 40,964 Value ($000) $8,588 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 41,421 Value ($000) $9,414 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 41,262 Value ($000) $11,769 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 41,457 Value ($000) $12,342 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 41,698 Value ($000) $9,976 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 41,921 Value ($000) $11,126 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 42,258 Value ($000) $11,347 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 42,946 Value ($000) $10,204 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 43,122 Value ($000) $9,228 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 44,050 Value ($000) $7,734 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 44,386 Value ($000) $6,480 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 47,156 Value ($000) $9,154 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 48,584 Value ($000) $8,729 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 51,439 Value ($000) $10,253 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 55,155 Value ($000) $10,307 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 59,458 Value ($000) $8,891 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 60,866 Value ($000) $10,986 Avg Close $147.16 Range $128.72 - $161.27

Q2 2018

Shares 61,792 Value ($000) $9,322 Avg Close $125.28 Range $109.19 - $136.18

Q1 2018

Shares 66,359 Value ($000) $9,010 Avg Close $122.67 Range $112.62 - $133.63

Q4 2017

Shares 70,200 Value ($000) $10,172 Avg Close $113.99 Range $106.48 - $124.43

Q3 2017

Shares 76,213 Value ($000) $10,078 Avg Close $102.71 Range $93.81 - $113.26

Q2 2017

Shares 79,477 Value ($000) $9,672 Avg Close $98.76 Range $93.02 - $105.49

Q1 2017

Shares 96,901 Value ($000) $10,850 Avg Close $97.78 Range $88.22 - $104.69

Q4 2016

Shares 121,620 Value ($000) $13,143 Avg Close $83.99 Range $74.46 - $92.84

Q3 2016

Shares 141,622 Value ($000) $13,745 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 356,968 Value ($000) $30,388 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 362,964 Value ($000) $30,216 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 363,095 Value ($000) $30,714 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 370,930 Value ($000) $28,339 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 381,442 Value ($000) $33,322 Avg Close $77.43 Range $69.21 - $84.64

Q1 2015

Shares 376,166 Value ($000) $38,715 Avg Close $84.19 Range $78.29 - $88.38

Q4 2014

Shares 347,605 Value ($000) $38,100 Avg Close $85.81 Range $79.24 - $92.28

Q3 2014

Shares 330,250 Value ($000) $36,855 Avg Close $82.62 Range $77.74 - $88.50

Q2 2014

Shares 339,372 Value ($000) $34,965 Avg Close $76.02 Range $70.92 - $81.20

Q1 2014

Shares 339,209 Value ($000) $32,960 Avg Close $71.41 Range $66.84 - $75.69

Q4 2013

Shares 344,214 Value ($000) $31,953 Avg Close $65.71 Range $58.01 - $71.47

Q3 2013

Shares 344,741 Value ($000) $26,665 Avg Close $56.99 Range $54.14 - $60.17

Q2 2013

Shares 331,496 Value ($000) $24,083 Avg Close $57.67 Range $53.20 - $61.33

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	28,962	$8,362	$288.62	$277.08 - $300.79
Q3 2025	31,026	$9,320	$276.03	$252.95 - $299.47
Q2 2025	30,803	$7,885	$233.06	$198.48 - $255.81
Q1 2025	29,961	$7,096	$239.35	$222.00 - $264.36
Q4 2024	29,550	$6,935	$248.46	$225.19 - $271.79
Q3 2024	30,339	$7,539	$233.00	$204.24 - $253.86
Q2 2024	30,383	$6,523	$224.21	$200.19 - $246.91
Q1 2024	30,666	$7,816	$237.76	$214.83 - $253.85
Q4 2023	30,896	$7,303	$200.12	$174.02 - $227.48
Q3 2023	31,740	$6,251	$205.00	$184.44 - $225.83
Q2 2023	32,411	$7,350	$200.25	$185.68 - $215.05
Q1 2023	33,581	$7,119	$216.72	$184.28 - $242.90
Q4 2022	44,264	$10,908	$220.43	$189.06 - $244.31
Q3 2022	40,964	$8,588	$222.85	$194.58 - $245.30
Q2 2022	41,421	$9,414	$226.47	$202.60 - $262.57
Q1 2022	41,262	$11,769	$252.93	$227.90 - $273.69
Q4 2021	41,457	$12,342	$255.22	$218.02 - $273.89
Q3 2021	41,698	$9,976	$233.46	$217.60 - $249.27
Q2 2021	41,921	$11,126	$250.29	$237.13 - $267.99
Q1 2021	42,258	$11,347	$228.85	$207.42 - $247.83
Q4 2020	42,946	$10,204	$204.73	$176.03 - $223.49
Q3 2020	43,122	$9,228	$179.92	$151.06 - $201.91
Q2 2020	44,050	$7,734	$150.98	$121.35 - $179.10
Q1 2020	44,386	$6,480	$163.63	$100.01 - $194.41
Q4 2019	47,156	$9,154	$165.56	$146.52 - $174.77
Q3 2019	48,584	$8,729	$161.51	$148.22 - $182.44
Q2 2019	51,439	$10,253	$173.34	$164.54 - $184.28
Q1 2019	55,155	$10,307	$150.47	$124.50 - $164.26
Q4 2018	59,458	$8,891	$142.35	$120.21 - $160.07
Q3 2018	60,866	$10,986	$147.16	$128.72 - $161.27
Q2 2018	61,792	$9,322	$125.28	$109.19 - $136.18
Q1 2018	66,359	$9,010	$122.67	$112.62 - $133.63
Q4 2017	70,200	$10,172	$113.99	$106.48 - $124.43
Q3 2017	76,213	$10,078	$102.71	$93.81 - $113.26
Q2 2017	79,477	$9,672	$98.76	$93.02 - $105.49
Q1 2017	96,901	$10,850	$97.78	$88.22 - $104.69
Q4 2016	121,620	$13,143	$83.99	$74.46 - $92.84
Q3 2016	141,622	$13,745	$75.16	$68.43 - $80.53
Q2 2016	356,968	$30,388	$69.72	$63.83 - $76.86
Q1 2016	362,964	$30,216	$61.54	$52.69 - $70.78
Q4 2015	363,095	$30,714	$69.12	$61.01 - $79.94
Q3 2015	370,930	$28,339	$65.12	$57.94 - $70.74
Q2 2015	381,442	$33,322	$77.43	$69.21 - $84.64
Q1 2015	376,166	$38,715	$84.19	$78.29 - $88.38
Q4 2014	347,605	$38,100	$85.81	$79.24 - $92.28
Q3 2014	330,250	$36,855	$82.62	$77.74 - $88.50
Q2 2014	339,372	$34,965	$76.02	$70.92 - $81.20
Q1 2014	339,209	$32,960	$71.41	$66.84 - $75.69
Q4 2013	344,214	$31,953	$65.71	$58.01 - $71.47
Q3 2013	344,741	$26,665	$56.99	$54.14 - $60.17
Q2 2013	331,496	$24,083	$57.67	$53.20 - $61.33