NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

Goelzer Investment Management, Inc.'s Holding History (CIK: 0001550057)

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

Q4 2025

Shares 5,784 Value ($000) $1,670 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 4,416 Value ($000) $1,327 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 4,416 Value ($000) $1,130 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 4,471 Value ($000) $1,059 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 4,471 Value ($000) $1,049 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 4,471 Value ($000) $1,111 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 4,486 Value ($000) $963 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 4,507 Value ($000) $1,149 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 4,536 Value ($000) $1,072 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 3,919 Value ($000) $772 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 3,919 Value ($000) $889 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 3,919 Value ($000) $831 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 3,919 Value ($000) $966 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 3,924 Value ($000) $823 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 3,924 Value ($000) $892 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 3,865 Value ($000) $1,102 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 3,729 Value ($000) $1,110 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 3,729 Value ($000) $892 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 3,819 Value ($000) $1,014 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 4,289 Value ($000) $1,152 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 4,389 Value ($000) $1,043 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 7,339 Value ($000) $1,570 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 7,439 Value ($000) $1,306 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 7,439 Value ($000) $1,086 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 7,439 Value ($000) $1,444 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 7,439 Value ($000) $1,336 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 8,042 Value ($000) $1,603 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 8,242 Value ($000) $1,540 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 5,217 Value ($000) $780 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 5,217 Value ($000) $942 Avg Close $147.16 Range $128.72 - $161.27

Q2 2018

Shares 5,189 Value ($000) $783 Avg Close $125.28 Range $109.19 - $136.18

Q1 2018

Shares 5,389 Value ($000) $732 Avg Close $122.67 Range $112.62 - $133.63

Q4 2017

Shares 5,864 Value ($000) $850 Avg Close $113.99 Range $106.48 - $124.43

Q3 2017

Shares 6,295 Value ($000) $832 Avg Close $102.71 Range $93.81 - $113.26

Q2 2017

Shares 6,401 Value ($000) $779 Avg Close $98.76 Range $93.02 - $105.49

Q1 2017

Shares 6,401 Value ($000) $717 Avg Close $97.78 Range $88.22 - $104.69

Q4 2016

Shares 6,551 Value ($000) $708 Avg Close $83.99 Range $74.46 - $92.84

Q3 2016

Shares 6,663 Value ($000) $647 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 6,724 Value ($000) $572 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 6,744 Value ($000) $561 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 7,659 Value ($000) $648 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 75,989 Value ($000) $5,806 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 53,249 Value ($000) $4,652 Avg Close $77.43 Range $69.21 - $84.64

Q1 2015

Shares 52,702 Value ($000) $5,424 Avg Close $84.19 Range $78.29 - $88.38

Q4 2014

Shares 52,204 Value ($000) $5,722 Avg Close $85.81 Range $79.24 - $92.28

Q3 2014

Shares 51,887 Value ($000) $5,791 Avg Close $82.62 Range $77.74 - $88.50

Q2 2014

Shares 52,767 Value ($000) $5,437 Avg Close $76.02 Range $70.92 - $81.20

Q1 2014

Shares 52,045 Value ($000) $5,057 Avg Close $71.41 Range $66.84 - $75.69

Q4 2013

Shares 53,448 Value ($000) $4,962 Avg Close $65.71 Range $58.01 - $71.47

Q3 2013

Shares 52,978 Value ($000) $4,098 Avg Close $56.99 Range $54.14 - $60.17

Q2 2013

Shares 104,486 Value ($000) $7,591 Avg Close $57.67 Range $53.20 - $61.33

Q1 2013

Shares 52,286 Value ($000) $4,030 Avg Close $53.13 Range $46.80 - $58.24

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	5,784	$1,670	$288.62	$277.08 - $300.79
Q3 2025	4,416	$1,327	$276.03	$252.95 - $299.47
Q2 2025	4,416	$1,130	$233.06	$198.48 - $255.81
Q1 2025	4,471	$1,059	$239.35	$222.00 - $264.36
Q4 2024	4,471	$1,049	$248.46	$225.19 - $271.79
Q3 2024	4,471	$1,111	$233.00	$204.24 - $253.86
Q2 2024	4,486	$963	$224.21	$200.19 - $246.91
Q1 2024	4,507	$1,149	$237.76	$214.83 - $253.85
Q4 2023	4,536	$1,072	$200.12	$174.02 - $227.48
Q3 2023	3,919	$772	$205.00	$184.44 - $225.83
Q2 2023	3,919	$889	$200.25	$185.68 - $215.05
Q1 2023	3,919	$831	$216.72	$184.28 - $242.90
Q4 2022	3,919	$966	$220.43	$189.06 - $244.31
Q3 2022	3,924	$823	$222.85	$194.58 - $245.30
Q2 2022	3,924	$892	$226.47	$202.60 - $262.57
Q1 2022	3,865	$1,102	$252.93	$227.90 - $273.69
Q4 2021	3,729	$1,110	$255.22	$218.02 - $273.89
Q3 2021	3,729	$892	$233.46	$217.60 - $249.27
Q2 2021	3,819	$1,014	$250.29	$237.13 - $267.99
Q1 2021	4,289	$1,152	$228.85	$207.42 - $247.83
Q4 2020	4,389	$1,043	$204.73	$176.03 - $223.49
Q3 2020	7,339	$1,570	$179.92	$151.06 - $201.91
Q2 2020	7,439	$1,306	$150.98	$121.35 - $179.10
Q1 2020	7,439	$1,086	$163.63	$100.01 - $194.41
Q4 2019	7,439	$1,444	$165.56	$146.52 - $174.77
Q3 2019	7,439	$1,336	$161.51	$148.22 - $182.44
Q2 2019	8,042	$1,603	$173.34	$164.54 - $184.28
Q1 2019	8,242	$1,540	$150.47	$124.50 - $164.26
Q4 2018	5,217	$780	$142.35	$120.21 - $160.07
Q3 2018	5,217	$942	$147.16	$128.72 - $161.27
Q2 2018	5,189	$783	$125.28	$109.19 - $136.18
Q1 2018	5,389	$732	$122.67	$112.62 - $133.63
Q4 2017	5,864	$850	$113.99	$106.48 - $124.43
Q3 2017	6,295	$832	$102.71	$93.81 - $113.26
Q2 2017	6,401	$779	$98.76	$93.02 - $105.49
Q1 2017	6,401	$717	$97.78	$88.22 - $104.69
Q4 2016	6,551	$708	$83.99	$74.46 - $92.84
Q3 2016	6,663	$647	$75.16	$68.43 - $80.53
Q2 2016	6,724	$572	$69.72	$63.83 - $76.86
Q1 2016	6,744	$561	$61.54	$52.69 - $70.78
Q4 2015	7,659	$648	$69.12	$61.01 - $79.94
Q3 2015	75,989	$5,806	$65.12	$57.94 - $70.74
Q2 2015	53,249	$4,652	$77.43	$69.21 - $84.64
Q1 2015	52,702	$5,424	$84.19	$78.29 - $88.38
Q4 2014	52,204	$5,722	$85.81	$79.24 - $92.28
Q3 2014	51,887	$5,791	$82.62	$77.74 - $88.50
Q2 2014	52,767	$5,437	$76.02	$70.92 - $81.20
Q1 2014	52,045	$5,057	$71.41	$66.84 - $75.69
Q4 2013	53,448	$4,962	$65.71	$58.01 - $71.47
Q3 2013	52,978	$4,098	$56.99	$54.14 - $60.17
Q2 2013	104,486	$7,591	$57.67	$53.20 - $61.33
Q1 2013	52,286	$4,030	$53.13	$46.80 - $58.24