Form 4: GATX Corp Director Shelley J. Bausch Reports RSU Acquisition
SEC Form 4 Filing
Director Shelley J. Bausch reports acquisition of Restricted Stock Units (RSUs) in GATX Corp through dividend reinvestment and the Deferred Fee Plan.
Summary
- Shelley J. Bausch, a director of GATX Corp, reported the acquisition of additional Restricted Stock Units (RSUs).
- The transaction occurred on February 3, 2025.
- 6 RSUs were acquired through the dividend reinvestment feature of the Deferred Fee Plan at a price of $111.143.
- The director now holds 1,750 RSUs.
- These RSUs represent the right to receive one share of GATX Corp common stock upon settlement, generally payable upon termination of service on the board.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company, aligning their interests with shareholders.
Future Outlook
The RSUs are generally payable on a deferred basis in common stock at the election of the reporting person upon the reporting person's termination of service on the Issuer's board of directors.
Industry Context
This filing is a routine disclosure of a director's acquisition of company stock through a deferred compensation plan, which is a common practice among publicly traded companies to align the interests of directors with those of shareholders.
Stakeholder Impact
- The acquisition of RSUs by a director can be viewed positively by shareholders as it demonstrates confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of RSU acquisition |
| 02/05/2025 | Date of signature on the report |
Keywords
GATX Corp, RSU, Director, Shelley J. Bausch, Dividend Reinvestment, Deferred Fee Plan, Beneficial Ownership, Form 4
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