NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM's Holding History (CIK: 0000919079)

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

Q4 2025

Shares 414,136 Value ($000) $119,569 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 387,490 Value ($000) $116,406 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 360,050 Value ($000) $92,162 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 336,232 Value ($000) $79,637 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 270,426 Value ($000) $63,469 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 291,410 Value ($000) $72,415 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 386,484 Value ($000) $82,974 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 401,359 Value ($000) $102,294 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 413,260 Value ($000) $97,686 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 432,223 Value ($000) $85,118 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 426,967 Value ($000) $96,819 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 441,299 Value ($000) $93,555 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 522,261 Value ($000) $128,696 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 532,157 Value ($000) $111,567 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 461,647 Value ($000) $104,928 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 487,043 Value ($000) $138,914 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 522,573 Value ($000) $155,575 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 558,519 Value ($000) $133,626 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 567,546 Value ($000) $150,632 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 579,598 Value ($000) $155,634 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 610,104 Value ($000) $144,967 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 589,980 Value ($000) $126,250 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 574,493 Value ($000) $100,864 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 583,146 Value ($000) $85,139 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 626,935 Value ($000) $121,707 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 608,224 Value ($000) $109,274 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 481,341 Value ($000) $95,946 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 542,175 Value ($000) $101,327 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 580,234 Value ($000) $86,768 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 651,959 Value ($000) $117,679 Avg Close $147.16 Range $128.72 - $161.27

Q2 2018

Shares 673,827 Value ($000) $101,660 Avg Close $125.28 Range $109.19 - $136.18

Q1 2018

Shares 714,341 Value ($000) $96,993 Avg Close $122.67 Range $112.62 - $133.63

Q4 2017

Shares 743,630 Value ($000) $107,752 Avg Close $113.99 Range $106.48 - $124.43

Q3 2017

Shares 722,042 Value ($000) $95,483 Avg Close $102.71 Range $93.81 - $113.26

Q2 2017

Shares 685,431 Value ($000) $83,417 Avg Close $98.76 Range $93.02 - $105.49

Q1 2017

Shares 694,731 Value ($000) $77,789 Avg Close $97.78 Range $88.22 - $104.69

Q4 2016

Shares 700,631 Value ($000) $75,717 Avg Close $83.99 Range $74.46 - $92.84

Q3 2016

Shares 733,031 Value ($000) $71,148 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 775,431 Value ($000) $66,012 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 792,731 Value ($000) $65,995 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 796,831 Value ($000) $67,404 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 791,431 Value ($000) $60,465 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 815,107 Value ($000) $71,208 Avg Close $77.43 Range $69.21 - $84.64

Q1 2015

Shares 885,207 Value ($000) $92,230 Avg Close $84.19 Range $78.29 - $88.38

Q4 2014

Shares 885,207 Value ($000) $92,230 Avg Close $85.81 Range $79.24 - $92.28

Q3 2014

Shares 981,091 Value ($000) $109,490 Avg Close $82.62 Range $77.74 - $88.50

Q2 2014

Shares 1,007,791 Value ($000) $103,833 Avg Close $76.02 Range $70.92 - $81.20

Q1 2014

Shares 1,001,691 Value ($000) $95,431 Avg Close $71.41 Range $66.84 - $75.69

Q4 2013

Shares 974,238 Value ($000) $90,477 Avg Close $65.71 Range $58.01 - $71.47

Q3 2013

Shares 936,404 Value ($000) $72,431 Avg Close $56.99 Range $54.14 - $60.17

Q2 2013

Shares 911,092 Value ($000) $66,191 Avg Close $57.67 Range $53.20 - $61.33

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	414,136	$119,569	$288.62	$277.08 - $300.79
Q3 2025	387,490	$116,406	$276.03	$252.95 - $299.47
Q2 2025	360,050	$92,162	$233.06	$198.48 - $255.81
Q1 2025	336,232	$79,637	$239.35	$222.00 - $264.36
Q4 2024	270,426	$63,469	$248.46	$225.19 - $271.79
Q3 2024	291,410	$72,415	$233.00	$204.24 - $253.86
Q2 2024	386,484	$82,974	$224.21	$200.19 - $246.91
Q1 2024	401,359	$102,294	$237.76	$214.83 - $253.85
Q4 2023	413,260	$97,686	$200.12	$174.02 - $227.48
Q3 2023	432,223	$85,118	$205.00	$184.44 - $225.83
Q2 2023	426,967	$96,819	$200.25	$185.68 - $215.05
Q1 2023	441,299	$93,555	$216.72	$184.28 - $242.90
Q4 2022	522,261	$128,696	$220.43	$189.06 - $244.31
Q3 2022	532,157	$111,567	$222.85	$194.58 - $245.30
Q2 2022	461,647	$104,928	$226.47	$202.60 - $262.57
Q1 2022	487,043	$138,914	$252.93	$227.90 - $273.69
Q4 2021	522,573	$155,575	$255.22	$218.02 - $273.89
Q3 2021	558,519	$133,626	$233.46	$217.60 - $249.27
Q2 2021	567,546	$150,632	$250.29	$237.13 - $267.99
Q1 2021	579,598	$155,634	$228.85	$207.42 - $247.83
Q4 2020	610,104	$144,967	$204.73	$176.03 - $223.49
Q3 2020	589,980	$126,250	$179.92	$151.06 - $201.91
Q2 2020	574,493	$100,864	$150.98	$121.35 - $179.10
Q1 2020	583,146	$85,139	$163.63	$100.01 - $194.41
Q4 2019	626,935	$121,707	$165.56	$146.52 - $174.77
Q3 2019	608,224	$109,274	$161.51	$148.22 - $182.44
Q2 2019	481,341	$95,946	$173.34	$164.54 - $184.28
Q1 2019	542,175	$101,327	$150.47	$124.50 - $164.26
Q4 2018	580,234	$86,768	$142.35	$120.21 - $160.07
Q3 2018	651,959	$117,679	$147.16	$128.72 - $161.27
Q2 2018	673,827	$101,660	$125.28	$109.19 - $136.18
Q1 2018	714,341	$96,993	$122.67	$112.62 - $133.63
Q4 2017	743,630	$107,752	$113.99	$106.48 - $124.43
Q3 2017	722,042	$95,483	$102.71	$93.81 - $113.26
Q2 2017	685,431	$83,417	$98.76	$93.02 - $105.49
Q1 2017	694,731	$77,789	$97.78	$88.22 - $104.69
Q4 2016	700,631	$75,717	$83.99	$74.46 - $92.84
Q3 2016	733,031	$71,148	$75.16	$68.43 - $80.53
Q2 2016	775,431	$66,012	$69.72	$63.83 - $76.86
Q1 2016	792,731	$65,995	$61.54	$52.69 - $70.78
Q4 2015	796,831	$67,404	$69.12	$61.01 - $79.94
Q3 2015	791,431	$60,465	$65.12	$57.94 - $70.74
Q2 2015	815,107	$71,208	$77.43	$69.21 - $84.64
Q1 2015	885,207	$92,230	$84.19	$78.29 - $88.38
Q4 2014	885,207	$92,230	$85.81	$79.24 - $92.28
Q3 2014	981,091	$109,490	$82.62	$77.74 - $88.50
Q2 2014	1,007,791	$103,833	$76.02	$70.92 - $81.20
Q1 2014	1,001,691	$95,431	$71.41	$66.84 - $75.69
Q4 2013	974,238	$90,477	$65.71	$58.01 - $71.47
Q3 2013	936,404	$72,431	$56.99	$54.14 - $60.17
Q2 2013	911,092	$66,191	$57.67	$53.20 - $61.33