Form 4: GATX Corp Executive Geoffrey Phillips Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Geoffrey Phillips, Sr. VP of Operations at GATX Corp, disposed of 207 shares of common stock on January 28, 2025, to cover tax obligations.
Summary
- On January 28, 2025, Geoffrey Phillips, a Senior Vice President at GATX Corp, reported a transaction involving the disposal of 207 shares of GATX common stock.
- The transaction was executed to cover tax obligations.
- The price per share was $165.15.
- Following the transaction, Phillips directly owns 6,694 shares of GATX common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or future prospects.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for corporate officers. It provides transparency to the market regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of stock disposal transaction |
| 01/30/2025 | Date of signature on the Form 4 filing |
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