NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

M. Kraus & Co's Holding History (CIK: 0001593688)

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

Q4 2025

Shares 42,339 Value ($000) $12,224 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 42,695 Value ($000) $12,826 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 43,628 Value ($000) $11,168 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 43,981 Value ($000) $10,417 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 44,851 Value ($000) $10,527 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 45,436 Value ($000) $11,291 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 46,438 Value ($000) $9,970 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 47,796 Value ($000) $12,182 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 48,093 Value ($000) $11,368 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 48,571 Value ($000) $9,565 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 48,120 Value ($000) $10,912 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 46,958 Value ($000) $9,955 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 46,296 Value ($000) $11,408 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 46,189 Value ($000) $9,684 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 46,040 Value ($000) $10,464 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 45,955 Value ($000) $13,107 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 47,087 Value ($000) $14,018 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 47,462 Value ($000) $11,355 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 47,263 Value ($000) $12,544 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 47,850 Value ($000) $12,849 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 47,608 Value ($000) $11,312 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 47,785 Value ($000) $10,226 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 47,935 Value ($000) $8,416 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 47,703 Value ($000) $6,965 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 48,303 Value ($000) $9,377 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 47,763 Value ($000) $8,581 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 47,526 Value ($000) $9,473 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 47,590 Value ($000) $8,894 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 47,960 Value ($000) $7,172 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 48,130 Value ($000) $8,687 Avg Close $147.16 Range $128.72 - $161.27

Q2 2018

Shares 48,510 Value ($000) $7,319 Avg Close $125.28 Range $109.19 - $136.18

Q1 2018

Shares 48,710 Value ($000) $6,614 Avg Close $122.67 Range $112.62 - $133.63

Q4 2017

Shares 48,845 Value ($000) $7,078 Avg Close $113.99 Range $106.48 - $124.43

Q3 2017

Shares 49,355 Value ($000) $6,527 Avg Close $102.71 Range $93.81 - $113.26

Q2 2017

Shares 49,709 Value ($000) $6,050 Avg Close $98.76 Range $93.02 - $105.49

Q1 2017

Shares 49,477 Value ($000) $5,540 Avg Close $97.78 Range $88.22 - $104.69

Q4 2016

Shares 52,131 Value ($000) $5,634 Avg Close $83.99 Range $74.46 - $92.84

Q3 2016

Shares 51,929 Value ($000) $5,040 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 53,903 Value ($000) $4,589 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 52,352 Value ($000) $4,358 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 53,207 Value ($000) $4,501 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 51,999 Value ($000) $3,973 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 51,949 Value ($000) $4,538 Avg Close $77.43 Range $69.21 - $84.64

Q1 2015

Shares 50,194 Value ($000) $5,166 Avg Close $84.19 Range $78.29 - $88.38

Q4 2014

Shares 50,364 Value ($000) $5,520 Avg Close $85.81 Range $79.24 - $92.28

Q3 2014

Shares 50,360 Value ($000) $5,620 Avg Close $82.62 Range $77.74 - $88.50

Q2 2014

Shares 49,060 Value ($000) $5,055 Avg Close $76.02 Range $70.92 - $81.20

Q1 2014

Shares 49,100 Value ($000) $4,771 Avg Close $71.41 Range $66.84 - $75.69

Q4 2013

Shares 49,235 Value ($000) $4,570 Avg Close $65.71 Range $58.01 - $71.47

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	42,339	$12,224	$288.62	$277.08 - $300.79
Q3 2025	42,695	$12,826	$276.03	$252.95 - $299.47
Q2 2025	43,628	$11,168	$233.06	$198.48 - $255.81
Q1 2025	43,981	$10,417	$239.35	$222.00 - $264.36
Q4 2024	44,851	$10,527	$248.46	$225.19 - $271.79
Q3 2024	45,436	$11,291	$233.00	$204.24 - $253.86
Q2 2024	46,438	$9,970	$224.21	$200.19 - $246.91
Q1 2024	47,796	$12,182	$237.76	$214.83 - $253.85
Q4 2023	48,093	$11,368	$200.12	$174.02 - $227.48
Q3 2023	48,571	$9,565	$205.00	$184.44 - $225.83
Q2 2023	48,120	$10,912	$200.25	$185.68 - $215.05
Q1 2023	46,958	$9,955	$216.72	$184.28 - $242.90
Q4 2022	46,296	$11,408	$220.43	$189.06 - $244.31
Q3 2022	46,189	$9,684	$222.85	$194.58 - $245.30
Q2 2022	46,040	$10,464	$226.47	$202.60 - $262.57
Q1 2022	45,955	$13,107	$252.93	$227.90 - $273.69
Q4 2021	47,087	$14,018	$255.22	$218.02 - $273.89
Q3 2021	47,462	$11,355	$233.46	$217.60 - $249.27
Q2 2021	47,263	$12,544	$250.29	$237.13 - $267.99
Q1 2021	47,850	$12,849	$228.85	$207.42 - $247.83
Q4 2020	47,608	$11,312	$204.73	$176.03 - $223.49
Q3 2020	47,785	$10,226	$179.92	$151.06 - $201.91
Q2 2020	47,935	$8,416	$150.98	$121.35 - $179.10
Q1 2020	47,703	$6,965	$163.63	$100.01 - $194.41
Q4 2019	48,303	$9,377	$165.56	$146.52 - $174.77
Q3 2019	47,763	$8,581	$161.51	$148.22 - $182.44
Q2 2019	47,526	$9,473	$173.34	$164.54 - $184.28
Q1 2019	47,590	$8,894	$150.47	$124.50 - $164.26
Q4 2018	47,960	$7,172	$142.35	$120.21 - $160.07
Q3 2018	48,130	$8,687	$147.16	$128.72 - $161.27
Q2 2018	48,510	$7,319	$125.28	$109.19 - $136.18
Q1 2018	48,710	$6,614	$122.67	$112.62 - $133.63
Q4 2017	48,845	$7,078	$113.99	$106.48 - $124.43
Q3 2017	49,355	$6,527	$102.71	$93.81 - $113.26
Q2 2017	49,709	$6,050	$98.76	$93.02 - $105.49
Q1 2017	49,477	$5,540	$97.78	$88.22 - $104.69
Q4 2016	52,131	$5,634	$83.99	$74.46 - $92.84
Q3 2016	51,929	$5,040	$75.16	$68.43 - $80.53
Q2 2016	53,903	$4,589	$69.72	$63.83 - $76.86
Q1 2016	52,352	$4,358	$61.54	$52.69 - $70.78
Q4 2015	53,207	$4,501	$69.12	$61.01 - $79.94
Q3 2015	51,999	$3,973	$65.12	$57.94 - $70.74
Q2 2015	51,949	$4,538	$77.43	$69.21 - $84.64
Q1 2015	50,194	$5,166	$84.19	$78.29 - $88.38
Q4 2014	50,364	$5,520	$85.81	$79.24 - $92.28
Q3 2014	50,360	$5,620	$82.62	$77.74 - $88.50
Q2 2014	49,060	$5,055	$76.02	$70.92 - $81.20
Q1 2014	49,100	$4,771	$71.41	$66.84 - $75.69
Q4 2013	49,235	$4,570	$65.71	$58.01 - $71.47