CSX has established stock ownership guidelines for executive officers that require them to attain certain ownership thresholds based on their position within 5 years. Executive officers must retain 100% of shares until the threshold is reached but senior executives can dispose of shares exceeding 1.2 times the threshold. Director stock ownership guidelines require non-employee directors to acquire and hold an amount of CSX stock equal to five times their annual retainer within 5 years of being elected to the board.