NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

Maryland State Retirement & Pension System's Holding History (CIK: 0001795552)

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

Q4 2025

Shares 11,363 Value ($000) $3,281 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 11,363 Value ($000) $3,414 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 10,976 Value ($000) $2,810 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 10,566 Value ($000) $2,503 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 12,069 Value ($000) $2,833 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 12,914 Value ($000) $3,209 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 17,685 Value ($000) $3,797 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 17,685 Value ($000) $4,240 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 17,685 Value ($000) $4,180 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 17,354 Value ($000) $3,418 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 17,354 Value ($000) $3,935 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 17,991 Value ($000) $3,814 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 18,271 Value ($000) $4,502 Avg Close $220.43 Range $189.06 - $244.31

Q2 2022

Shares 18,321 Value ($000) $4,164 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 18,519 Value ($000) $5,282 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 18,721 Value ($000) $5,573 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 18,721 Value ($000) $4,591 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 18,721 Value ($000) $5,042 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 19,327 Value ($000) $5,190 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 4,149 Value ($000) $990 Avg Close $204.73 Range $176.03 - $223.49

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	11,363	$3,281	$288.62	$277.08 - $300.79
Q3 2025	11,363	$3,414	$276.03	$252.95 - $299.47
Q2 2025	10,976	$2,810	$233.06	$198.48 - $255.81
Q1 2025	10,566	$2,503	$239.35	$222.00 - $264.36
Q4 2024	12,069	$2,833	$248.46	$225.19 - $271.79
Q3 2024	12,914	$3,209	$233.00	$204.24 - $253.86
Q2 2024	17,685	$3,797	$224.21	$200.19 - $246.91
Q1 2024	17,685	$4,240	$237.76	$214.83 - $253.85
Q4 2023	17,685	$4,180	$200.12	$174.02 - $227.48
Q3 2023	17,354	$3,418	$205.00	$184.44 - $225.83
Q2 2023	17,354	$3,935	$200.25	$185.68 - $215.05
Q1 2023	17,991	$3,814	$216.72	$184.28 - $242.90
Q4 2022	18,271	$4,502	$220.43	$189.06 - $244.31
Q2 2022	18,321	$4,164	$226.47	$202.60 - $262.57
Q1 2022	18,519	$5,282	$252.93	$227.90 - $273.69
Q4 2021	18,721	$5,573	$255.22	$218.02 - $273.89
Q3 2021	18,721	$4,591	$233.46	$217.60 - $249.27
Q2 2021	18,721	$5,042	$250.29	$237.13 - $267.99
Q1 2021	19,327	$5,190	$228.85	$207.42 - $247.83
Q4 2020	4,149	$990	$204.73	$176.03 - $223.49