NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

Arete Wealth Advisors, LLC's Holding History (CIK: 0001600151)

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

Q4 2025

Shares 1,877 Value ($000) $1 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 1,672 Value ($000) $1 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 1,499 Value ($000) $0 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 1,283 Value ($000) $0 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 1,443 Value ($000) $0 Avg Close $248.46 Range $225.19 - $271.79

Q2 2023

Shares 9,196 Value ($000) $2 Avg Close $200.25 Range $185.68 - $215.05

Q4 2022

Shares 1,565 Value ($000) $385,565 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 1,565 Value ($000) $328 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 1,393 Value ($000) $316 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 1,473 Value ($000) $420 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 1,571 Value ($000) $462 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 1,285 Value ($000) $308 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 1,285 Value ($000) $263 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 1,311 Value ($000) $352 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 1,311 Value ($000) $310 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 1,424 Value ($000) $303 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 1,385 Value ($000) $243 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 1,385 Value ($000) $202 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 1,385 Value ($000) $269 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 1,385 Value ($000) $249 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 1,385 Value ($000) $276 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 1,385 Value ($000) $259 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 1,385 Value ($000) $207 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 1,385 Value ($000) $250 Avg Close $147.16 Range $128.72 - $161.27

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,877	$1	$288.62	$277.08 - $300.79
Q3 2025	1,672	$1	$276.03	$252.95 - $299.47
Q2 2025	1,499	$0	$233.06	$198.48 - $255.81
Q1 2025	1,283	$0	$239.35	$222.00 - $264.36
Q4 2024	1,443	$0	$248.46	$225.19 - $271.79
Q2 2023	9,196	$2	$200.25	$185.68 - $215.05
Q4 2022	1,565	$385,565	$220.43	$189.06 - $244.31
Q3 2022	1,565	$328	$222.85	$194.58 - $245.30
Q2 2022	1,393	$316	$226.47	$202.60 - $262.57
Q1 2022	1,473	$420	$252.93	$227.90 - $273.69
Q4 2021	1,571	$462	$255.22	$218.02 - $273.89
Q3 2021	1,285	$308	$233.46	$217.60 - $249.27
Q2 2021	1,285	$263	$250.29	$237.13 - $267.99
Q1 2021	1,311	$352	$228.85	$207.42 - $247.83
Q4 2020	1,311	$310	$204.73	$176.03 - $223.49
Q3 2020	1,424	$303	$179.92	$151.06 - $201.91
Q2 2020	1,385	$243	$150.98	$121.35 - $179.10
Q1 2020	1,385	$202	$163.63	$100.01 - $194.41
Q4 2019	1,385	$269	$165.56	$146.52 - $174.77
Q3 2019	1,385	$249	$161.51	$148.22 - $182.44
Q2 2019	1,385	$276	$173.34	$164.54 - $184.28
Q1 2019	1,385	$259	$150.47	$124.50 - $164.26
Q4 2018	1,385	$207	$142.35	$120.21 - $160.07
Q3 2018	1,385	$250	$147.16	$128.72 - $161.27