NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

Ethic Inc.'s Holding History (CIK: 0001780570)

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

Q4 2025

Shares 14,853 Value ($000) $4,288 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 13,408 Value ($000) $4,028 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 12,047 Value ($000) $3,082 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 11,199 Value ($000) $2,650 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 11,546 Value ($000) $2,710 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 16,444 Value ($000) $4,191 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 11,137 Value ($000) $2,391 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 16,444 Value ($000) $4,191 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 14,979 Value ($000) $3,541 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 11,552 Value ($000) $2,275 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 11,884 Value ($000) $2,695 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 7,505 Value ($000) $1,591 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 5,170 Value ($000) $1,274 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 4,766 Value ($000) $999 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 4,900 Value ($000) $1,114 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 2,905 Value ($000) $829 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 2,817 Value ($000) $839 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 2,646 Value ($000) $633 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 2,307 Value ($000) $612 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 2,011 Value ($000) $540 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 1,519 Value ($000) $361 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 1,202 Value ($000) $257 Avg Close $179.92 Range $151.06 - $201.91

Q4 2019

Shares 1,173 Value ($000) $228 Avg Close $165.56 Range $146.52 - $174.77

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	14,853	$4,288	$288.62	$277.08 - $300.79
Q3 2025	13,408	$4,028	$276.03	$252.95 - $299.47
Q2 2025	12,047	$3,082	$233.06	$198.48 - $255.81
Q1 2025	11,199	$2,650	$239.35	$222.00 - $264.36
Q4 2024	11,546	$2,710	$248.46	$225.19 - $271.79
Q3 2024	16,444	$4,191	$233.00	$204.24 - $253.86
Q2 2024	11,137	$2,391	$224.21	$200.19 - $246.91
Q1 2024	16,444	$4,191	$237.76	$214.83 - $253.85
Q4 2023	14,979	$3,541	$200.12	$174.02 - $227.48
Q3 2023	11,552	$2,275	$205.00	$184.44 - $225.83
Q2 2023	11,884	$2,695	$200.25	$185.68 - $215.05
Q1 2023	7,505	$1,591	$216.72	$184.28 - $242.90
Q4 2022	5,170	$1,274	$220.43	$189.06 - $244.31
Q3 2022	4,766	$999	$222.85	$194.58 - $245.30
Q2 2022	4,900	$1,114	$226.47	$202.60 - $262.57
Q1 2022	2,905	$829	$252.93	$227.90 - $273.69
Q4 2021	2,817	$839	$255.22	$218.02 - $273.89
Q3 2021	2,646	$633	$233.46	$217.60 - $249.27
Q2 2021	2,307	$612	$250.29	$237.13 - $267.99
Q1 2021	2,011	$540	$228.85	$207.42 - $247.83
Q4 2020	1,519	$361	$204.73	$176.03 - $223.49
Q3 2020	1,202	$257	$179.92	$151.06 - $201.91
Q4 2019	1,173	$228	$165.56	$146.52 - $174.77