Form 4: GATX Corp Director Shelley J. Bausch Acquires Additional Shares Through Deferred Fee Plan

Director Shelley J. Bausch acquired 3 shares of GATX Corp common stock through the company's Directors' Voluntary Deferred Fee Plan.

Summary

• On May 1, 2024, Shelley J. Bausch, a director of GATX Corp, acquired 3 shares of common stock.
• The acquisition was made through the GATX Corporation Directors' Voluntary Deferred Fee Plan Amended and Restated as of January 1, 2022.
• The price per share was $123.7375.
• These shares represent Restricted Stock Units (RSUs) credited to the reporting person's account under the Deferred Fee Plan.
• Each RSU represents the right to receive one share of GATX Corp common stock upon settlement, generally payable upon termination of service on the board of directors.
• The 3 shares were acquired pursuant to the dividend reinvestment feature of the Deferred Fee Plan.
• Following the transaction, Bausch directly owns 1,728 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transaction reflects a director's continued investment in the company through a standard compensation plan.

Positives

• The director's participation in the Deferred Fee Plan and dividend reinvestment indicates confidence in the company's future.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing reflects routine transactions related to director compensation and deferred fee plans, which are common practices in publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine part of director compensation.

Key Dates