Form 4: GATX Corp Executive Paul F. Titterton Executes Stock Option and Sells Shares

Paul F. Titterton, EVP & President Rail NA at GATX Corp, exercised stock options and sold 9,000 shares of common stock on May 21, 2024.

Summary

• On May 21, 2024, Paul F. Titterton, an executive at GATX Corp, exercised options to acquire 9,000 shares of GATX common stock at a price of $71.525.
• Simultaneously, Titterton sold 9,000 shares of GATX common stock at a weighted average price of $139.3747, with prices ranging from $138.8800 to $139.5900.
• Following these transactions, Titterton directly owns 11,373 shares of GATX common stock.
• He also continues to hold options to purchase 0.00 shares of GATX common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on their interpretation of the executive's actions.

Key Dates