Form 8-K

8-K — CSX CORP

Accession: 0000950103-26-007181

Filed: 2026-05-14

Period: 2026-05-12

CIK: 0000277948

SIC: 4011 (RAILROADS, LINE-HAUL OPERATING)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Submission of Matters to a Vote of Security Holders

Item: Other Events

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section

13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event

reported): May 14, 2026 (May 12, 2026)

CSX CORPORATION

(Exact name of registrant as specified in its charter)

Virginia

1-8022

62-1051971

(State or other jurisdiction

(Commission File No.)

(I.R.S. Employer

of incorporation)

Identification No.)

500 Water Street, 15th Floor, Jacksonville, FL

32202

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code:

(904) 359-3200

(Former name or former address, if changed since

last report.)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

Common Stock, $1 Par Value

CSX

NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange

Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant

has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant

to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements

of Certain Officers

On May 14, 2026, CSX Corporation (the “Company”

or “CSX”) announced the separation from employment of Stephen Fortune, Executive Vice President and Chief Digital & Technology

Officer of the Company, effective immediately. Upon his separation from employment, subject to his signing a customary employment separation

agreement and release form, Mr. Fortune will be eligible to receive compensation and benefits in accordance with the CSX Executive Severance

Plan, the terms of which are described in the Company’s 2026 Proxy Statement filed with the Securities and Exchange Commission (“SEC”)

on March 30, 2026.

Also on May 14, 2026, the Company announced that Steve Watkins, current

Vice President of Product Management for Rail Operations at the Company, will assume Mr. Fortune’s responsibilities and report directly

to Kevin S. Boone, Executive Vice President and Chief Financial Officer of the Company, effective immediately.

Item 5.07. Submission

of Matters to a Vote of Security Holders.

CSX held its Annual Meeting of Shareholders

(the “Annual Meeting”) on Tuesday, May 12, 2026. The final voting results for each matter submitted to a shareholder vote

at the Annual Meeting are set forth below.

Item 1:

The following twelve persons were elected to the CSX Board of Directors:

For

Against

Abstain

Broker Non-Votes

Stephen F. Angel

1,379,611,608

46,375,076

2,471,569

213,699,418

Ann D. Begeman

1,407,150,154

18,833,890

2,474,209

213,699,418

Thomas P. Bostick

1,395,768,141

29,390,759

3,299,353

213,699,418

Anne H. Chow

1,393,916,195

31,426,906

3,115,152

213,699,418

Steven T. Halverson

1,343,879,631

81,915,714

2,662,908

213,699,418

Paul C. Hilal

1,392,009,101

34,194,853

2,254,299

213,699,418

David M. Moffett

1,381,936,630

44,017,246

2,504,377

213,699,418

Linda H. Riefler

1,322,836,571

103,201,665

2,420,017

213,699,418

Suzanne M. Vautrinot

1,390,765,256

34,480,415

3,212,582

213,699,418

James L. Wainscott

1,419,522,887

6,381,014

2,554,352

213,699,418

J. Steven Whisler

1,374,258,917

51,691,965

2,507,371

213,699,418

John J. Zillmer

1,122,661,746

299,018,366

6,778,141

213,699,418

Item 2:

Sharehoders ratified the appointment of Ernst & Young LLP as CSX’s independent registered public accounting firm for 2026, by the votes set forth in the table below:

For

Against

Abstain

1,517,948,214

121,775,991

2,433,466

Item 3:

Shareholders approved, on an advisory (non-binding) basis, the compensation of CSX’s named executive officers, by the votes set forth in the table below:

For

Against

Abstain

Broker Non-Votes

1,324,087,828

98,932,409

5,438,016

213,699,418

No other matters were submitted for shareholder action.

Item 8.01. Other

Events.

On May 12, 2026, the Board of Directors authorized a new share repurchase

program, providing $5 billion of incremental authority to the approximately $989 million remaining under the existing share repurchase

program as of March 31, 2026.

The share repurchases may be made through a variety of methods including,

but not limited to, open market purchases, purchases pursuant to Rule 10b5-1 plans, accelerated share repurchases and negotiated block

purchases. The timing of share repurchases depends upon marketplace conditions and other factors, and the program remains subject to the

discretion of the Board of Directors.

SIGNATURES

Pursuant to the requirements of the Securities Exchange

Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CSX CORPORATION

By:

/s/ Michael S. Burns

Name:

Michael S. Burns

Title:

Senior Vice President – Chief Legal Officer and Corporate Secretary

DATE: May 14, 2026

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