NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

Cambridge Investment Research Advisors, Inc.'s Holding History (CIK: 0001419186)

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

Q4 2025

Shares 42,904 Value ($000) $12 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 43,806 Value ($000) $13 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 40,591 Value ($000) $10 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 41,133 Value ($000) $10 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 37,785 Value ($000) $9 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 43,183 Value ($000) $11 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 41,298 Value ($000) $9 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 40,946 Value ($000) $10 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 40,328 Value ($000) $10 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 44,553 Value ($000) $9 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 43,500 Value ($000) $10 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 46,603 Value ($000) $10 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 47,720 Value ($000) $12 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 49,379 Value ($000) $10,352 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 46,867 Value ($000) $10,652 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 36,776 Value ($000) $10,489 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 37,453 Value ($000) $11,150 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 37,800 Value ($000) $9,044 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 37,699 Value ($000) $10,006 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 36,855 Value ($000) $9,896 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 35,156 Value ($000) $8,353 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 31,534 Value ($000) $6,748 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 31,276 Value ($000) $5,491 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 29,246 Value ($000) $4,270 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 28,473 Value ($000) $5,527 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 23,858 Value ($000) $4,286 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 31,905 Value ($000) $6,360 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 32,401 Value ($000) $6,055 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 30,781 Value ($000) $4,603 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 30,525 Value ($000) $5,510 Avg Close $147.16 Range $128.72 - $161.27

Q2 2018

Shares 29,445 Value ($000) $4,442 Avg Close $125.28 Range $109.19 - $136.18

Q1 2018

Shares 30,136 Value ($000) $4,092 Avg Close $122.67 Range $112.62 - $133.63

Q4 2017

Shares 29,844 Value ($000) $4,324 Avg Close $113.99 Range $106.48 - $124.43

Q3 2017

Shares 29,218 Value ($000) $3,864 Avg Close $102.71 Range $93.81 - $113.26

Q2 2017

Shares 31,153 Value ($000) $3,791 Avg Close $98.76 Range $93.02 - $105.49

Q1 2017

Shares 32,495 Value ($000) $3,638 Avg Close $97.78 Range $88.22 - $104.69

Q4 2016

Shares 33,819 Value ($000) $3,655 Avg Close $83.99 Range $74.46 - $92.84

Q3 2016

Shares 32,009 Value ($000) $3,107 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 30,042 Value ($000) $2,557 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 27,417 Value ($000) $2,282 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 26,614 Value ($000) $2,251 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 32,141 Value ($000) $2,456 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 34,229 Value ($000) $2,990 Avg Close $77.43 Range $69.21 - $84.64

Q1 2015

Shares 40,629 Value ($000) $4,182 Avg Close $84.19 Range $78.29 - $88.38

Q4 2014

Shares 34,259 Value ($000) $3,755 Avg Close $85.81 Range $79.24 - $92.28

Q3 2014

Shares 31,790 Value ($000) $3,548 Avg Close $82.62 Range $77.74 - $88.50

Q2 2014

Shares 28,467 Value ($000) $2,933 Avg Close $76.02 Range $70.92 - $81.20

Q1 2014

Shares 26,878 Value ($000) $2,612 Avg Close $71.41 Range $66.84 - $75.69

Q4 2013

Shares 20,592 Value ($000) $1,912 Avg Close $65.71 Range $58.01 - $71.47

Q3 2013

Shares 27,858 Value ($000) $2,155 Avg Close $56.99 Range $54.14 - $60.17

Q2 2013

Shares 25,027 Value ($000) $1,818 Avg Close $57.67 Range $53.20 - $61.33

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	42,904	$12	$288.62	$277.08 - $300.79
Q3 2025	43,806	$13	$276.03	$252.95 - $299.47
Q2 2025	40,591	$10	$233.06	$198.48 - $255.81
Q1 2025	41,133	$10	$239.35	$222.00 - $264.36
Q4 2024	37,785	$9	$248.46	$225.19 - $271.79
Q3 2024	43,183	$11	$233.00	$204.24 - $253.86
Q2 2024	41,298	$9	$224.21	$200.19 - $246.91
Q1 2024	40,946	$10	$237.76	$214.83 - $253.85
Q4 2023	40,328	$10	$200.12	$174.02 - $227.48
Q3 2023	44,553	$9	$205.00	$184.44 - $225.83
Q2 2023	43,500	$10	$200.25	$185.68 - $215.05
Q1 2023	46,603	$10	$216.72	$184.28 - $242.90
Q4 2022	47,720	$12	$220.43	$189.06 - $244.31
Q3 2022	49,379	$10,352	$222.85	$194.58 - $245.30
Q2 2022	46,867	$10,652	$226.47	$202.60 - $262.57
Q1 2022	36,776	$10,489	$252.93	$227.90 - $273.69
Q4 2021	37,453	$11,150	$255.22	$218.02 - $273.89
Q3 2021	37,800	$9,044	$233.46	$217.60 - $249.27
Q2 2021	37,699	$10,006	$250.29	$237.13 - $267.99
Q1 2021	36,855	$9,896	$228.85	$207.42 - $247.83
Q4 2020	35,156	$8,353	$204.73	$176.03 - $223.49
Q3 2020	31,534	$6,748	$179.92	$151.06 - $201.91
Q2 2020	31,276	$5,491	$150.98	$121.35 - $179.10
Q1 2020	29,246	$4,270	$163.63	$100.01 - $194.41
Q4 2019	28,473	$5,527	$165.56	$146.52 - $174.77
Q3 2019	23,858	$4,286	$161.51	$148.22 - $182.44
Q2 2019	31,905	$6,360	$173.34	$164.54 - $184.28
Q1 2019	32,401	$6,055	$150.47	$124.50 - $164.26
Q4 2018	30,781	$4,603	$142.35	$120.21 - $160.07
Q3 2018	30,525	$5,510	$147.16	$128.72 - $161.27
Q2 2018	29,445	$4,442	$125.28	$109.19 - $136.18
Q1 2018	30,136	$4,092	$122.67	$112.62 - $133.63
Q4 2017	29,844	$4,324	$113.99	$106.48 - $124.43
Q3 2017	29,218	$3,864	$102.71	$93.81 - $113.26
Q2 2017	31,153	$3,791	$98.76	$93.02 - $105.49
Q1 2017	32,495	$3,638	$97.78	$88.22 - $104.69
Q4 2016	33,819	$3,655	$83.99	$74.46 - $92.84
Q3 2016	32,009	$3,107	$75.16	$68.43 - $80.53
Q2 2016	30,042	$2,557	$69.72	$63.83 - $76.86
Q1 2016	27,417	$2,282	$61.54	$52.69 - $70.78
Q4 2015	26,614	$2,251	$69.12	$61.01 - $79.94
Q3 2015	32,141	$2,456	$65.12	$57.94 - $70.74
Q2 2015	34,229	$2,990	$77.43	$69.21 - $84.64
Q1 2015	40,629	$4,182	$84.19	$78.29 - $88.38
Q4 2014	34,259	$3,755	$85.81	$79.24 - $92.28
Q3 2014	31,790	$3,548	$82.62	$77.74 - $88.50
Q2 2014	28,467	$2,933	$76.02	$70.92 - $81.20
Q1 2014	26,878	$2,612	$71.41	$66.84 - $75.69
Q4 2013	20,592	$1,912	$65.71	$58.01 - $71.47
Q3 2013	27,858	$2,155	$56.99	$54.14 - $60.17
Q2 2013	25,027	$1,818	$57.67	$53.20 - $61.33