GATX.NYSEGatx CORP

Form 4: GATX Corp Executive Exercises Stock Options and Sells Shares

Sentiment:

SEC Form 4 Filing


Jeffery R. Young, SVP and Chief Tax Officer of GATX Corp, exercised stock options and sold shares on February 4th and 5th, 2025.

Summary

  • Jeffery R. Young, SVP, Chief Tax Officer of GATX CORP, executed multiple transactions involving GATX common stock.
  • On February 4, 2025, Young exercised stock options to acquire 867 shares at $103.15, 1,200 shares at $113.28, and 900 shares at $126.468.
  • Also on February 4, 2025, 2,373 shares were disposed of.
  • On February 5, 2025, Young sold 293 shares at a weighted average price of $164.6155 and 4 shares at $165.813.
  • Following these transactions, Young directly owns 7,362 shares of GATX common stock and indirectly owns 271 shares through a 401(k).
  • The transactions were reported on a Form 4 filed with the SEC on February 6, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a broader trend within the railcar leasing industry or GATX's competitive landscape.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

DateDescription
01/28/2023Date exercisable for 2022 NQ Stock Option
01/26/2024Date exercisable for 2023 NQ Stock Option
01/25/2025Date exercisable for 2024 NQ Stock Option
02/04/2025Date of stock option exercises and share disposals
02/05/2025Date of stock sales
02/06/2025Date of Form 4 filing
01/28/2029Expiration date for 2022 NQ Stock Option
01/26/2030Expiration date for 2023 NQ Stock Option
01/25/2031Expiration date for 2024 NQ Stock Option

Keywords

GATX, Stock Options, SEC Form 4, Insider Trading, Jeffery R. Young, Executive Compensation, Stock Sale, Beneficial Ownership

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