NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

Janney Montgomery Scott LLC's Holding History (CIK: 0001329948)

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

Q4 2025

Shares 105,274 Value ($000) $30 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 102,746 Value ($000) $31 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 105,809 Value ($000) $27 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 105,319 Value ($000) $25 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 112,037 Value ($000) $26 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 110,409 Value ($000) $27 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 114,758 Value ($000) $25 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 112,217 Value ($000) $29 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 110,756 Value ($000) $26 Avg Close $200.12 Range $174.02 - $227.48

Q2 2023

Shares 142,556 Value ($000) $32 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 138,951 Value ($000) $29 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 102,326 Value ($000) $25 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 99,370 Value ($000) $20,834 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 99,158 Value ($000) $22,474 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 99,616 Value ($000) $28,413 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 91,884 Value ($000) $27,355 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 92,046 Value ($000) $22,023 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 84,677 Value ($000) $22,474 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 78,610 Value ($000) $21,109 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 76,818 Value ($000) $18,253 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 73,911 Value ($000) $15,816 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 70,219 Value ($000) $12,328 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 68,346 Value ($000) $9,979 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 78,600 Value ($000) $15,259 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 76,791 Value ($000) $13,796 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 70,880 Value ($000) $14,129 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 64,321 Value ($000) $12,021 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 55,751 Value ($000) $8,337 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 56,076 Value ($000) $10,122 Avg Close $147.16 Range $128.72 - $161.27

Q2 2018

Shares 58,055 Value ($000) $8,759 Avg Close $125.28 Range $109.19 - $136.18

Q1 2018

Shares 50,988 Value ($000) $6,923 Avg Close $122.67 Range $112.62 - $133.63

Q4 2017

Shares 42,829 Value ($000) $6,206 Avg Close $113.99 Range $106.48 - $124.43

Q3 2017

Shares 41,455 Value ($000) $5,482 Avg Close $102.71 Range $93.81 - $113.26

Q2 2017

Shares 43,418 Value ($000) $5,284 Avg Close $98.76 Range $93.02 - $105.49

Q1 2017

Shares 38,970 Value ($000) $4,364 Avg Close $97.78 Range $88.22 - $104.69

Q4 2016

Shares 60,028 Value ($000) $6,487 Avg Close $83.99 Range $74.46 - $92.84

Q3 2016

Shares 56,375 Value ($000) $5,472 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 139,008 Value ($000) $11,834 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 64,494 Value ($000) $5,369 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 62,350 Value ($000) $5,274 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 61,716 Value ($000) $4,715 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 63,974 Value ($000) $5,588,810 Avg Close $77.43 Range $69.21 - $84.64

Q1 2015

Shares 85,685 Value ($000) $8,819 Avg Close $84.19 Range $78.29 - $88.38

Q4 2014

Shares 87,249 Value ($000) $9,563,319 Avg Close $85.81 Range $79.24 - $92.28

Q3 2014

Shares 84,169 Value ($000) $9,393,270 Avg Close $82.62 Range $77.74 - $88.50

Q2 2014

Shares 63,639 Value ($000) $6,556,754 Avg Close $76.02 Range $70.92 - $81.20

Q1 2014

Shares 84,383 Value ($000) $8,199,535 Avg Close $71.41 Range $66.84 - $75.69

Q4 2013

Shares 58,507 Value ($000) $5,431,192 Avg Close $65.71 Range $58.01 - $71.47

Q3 2013

Shares 55,203 Value ($000) $4,269,936 Avg Close $56.99 Range $54.14 - $60.17

Q2 2013

Shares 18,225 Value ($000) $1,324,046 Avg Close $57.67 Range $53.20 - $61.33

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	105,274	$30	$288.62	$277.08 - $300.79
Q3 2025	102,746	$31	$276.03	$252.95 - $299.47
Q2 2025	105,809	$27	$233.06	$198.48 - $255.81
Q1 2025	105,319	$25	$239.35	$222.00 - $264.36
Q4 2024	112,037	$26	$248.46	$225.19 - $271.79
Q3 2024	110,409	$27	$233.00	$204.24 - $253.86
Q2 2024	114,758	$25	$224.21	$200.19 - $246.91
Q1 2024	112,217	$29	$237.76	$214.83 - $253.85
Q4 2023	110,756	$26	$200.12	$174.02 - $227.48
Q2 2023	142,556	$32	$200.25	$185.68 - $215.05
Q1 2023	138,951	$29	$216.72	$184.28 - $242.90
Q4 2022	102,326	$25	$220.43	$189.06 - $244.31
Q3 2022	99,370	$20,834	$222.85	$194.58 - $245.30
Q2 2022	99,158	$22,474	$226.47	$202.60 - $262.57
Q1 2022	99,616	$28,413	$252.93	$227.90 - $273.69
Q4 2021	91,884	$27,355	$255.22	$218.02 - $273.89
Q3 2021	92,046	$22,023	$233.46	$217.60 - $249.27
Q2 2021	84,677	$22,474	$250.29	$237.13 - $267.99
Q1 2021	78,610	$21,109	$228.85	$207.42 - $247.83
Q4 2020	76,818	$18,253	$204.73	$176.03 - $223.49
Q3 2020	73,911	$15,816	$179.92	$151.06 - $201.91
Q2 2020	70,219	$12,328	$150.98	$121.35 - $179.10
Q1 2020	68,346	$9,979	$163.63	$100.01 - $194.41
Q4 2019	78,600	$15,259	$165.56	$146.52 - $174.77
Q3 2019	76,791	$13,796	$161.51	$148.22 - $182.44
Q2 2019	70,880	$14,129	$173.34	$164.54 - $184.28
Q1 2019	64,321	$12,021	$150.47	$124.50 - $164.26
Q4 2018	55,751	$8,337	$142.35	$120.21 - $160.07
Q3 2018	56,076	$10,122	$147.16	$128.72 - $161.27
Q2 2018	58,055	$8,759	$125.28	$109.19 - $136.18
Q1 2018	50,988	$6,923	$122.67	$112.62 - $133.63
Q4 2017	42,829	$6,206	$113.99	$106.48 - $124.43
Q3 2017	41,455	$5,482	$102.71	$93.81 - $113.26
Q2 2017	43,418	$5,284	$98.76	$93.02 - $105.49
Q1 2017	38,970	$4,364	$97.78	$88.22 - $104.69
Q4 2016	60,028	$6,487	$83.99	$74.46 - $92.84
Q3 2016	56,375	$5,472	$75.16	$68.43 - $80.53
Q2 2016	139,008	$11,834	$69.72	$63.83 - $76.86
Q1 2016	64,494	$5,369	$61.54	$52.69 - $70.78
Q4 2015	62,350	$5,274	$69.12	$61.01 - $79.94
Q3 2015	61,716	$4,715	$65.12	$57.94 - $70.74
Q2 2015	63,974	$5,588,810	$77.43	$69.21 - $84.64
Q1 2015	85,685	$8,819	$84.19	$78.29 - $88.38
Q4 2014	87,249	$9,563,319	$85.81	$79.24 - $92.28
Q3 2014	84,169	$9,393,270	$82.62	$77.74 - $88.50
Q2 2014	63,639	$6,556,754	$76.02	$70.92 - $81.20
Q1 2014	84,383	$8,199,535	$71.41	$66.84 - $75.69
Q4 2013	58,507	$5,431,192	$65.71	$58.01 - $71.47
Q3 2013	55,203	$4,269,936	$56.99	$54.14 - $60.17
Q2 2013	18,225	$1,324,046	$57.67	$53.20 - $61.33