Form 4: GATX Corp Director John M. Holmes III Reports Acquisition and Disposal of Common Stock
SEC Form 4
Director John M. Holmes III reports acquiring 943 shares of GATX Corp common stock as part of an equity retainer and disposing of 2,845 shares.
Summary
- On April 25, 2025, John M. Holmes III, a director of GATX Corp, acquired 943 shares of common stock.
- These shares were received as part of his annual equity retainer, issued as restricted stock units (RSUs).
- Each RSU represents the right to receive one share of common stock, vesting fully on the date of the first annual shareholder meeting where directors are elected, contingent upon continued service.
- Holmes elected to defer receipt of the shares under the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan.
- The director also disposed of 2,845 shares of common stock.
- Following these transactions, Holmes beneficially owns 2,845 shares of GATX Corp.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company director, indicating neutral sentiment.
Future Outlook
The RSUs will vest in full on the date of the first annual meeting of shareholders of the Company at which directors are elected following the Grant Date, subject to the Reporting Person's continued service through such date.
Industry Context
This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of transaction: acquisition of 943 shares and disposal of 2,845 shares. |
| 04/29/2025 | Date of signature for the Form 4 filing. |
Keywords
GATX Corp, Director, John M. Holmes III, Common Stock, Restricted Stock Units, Equity Retainer, Beneficial Ownership, Form 4
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