Form 4: GATX Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4
John Sbragia, SVP at GATX Corp, disposed of 170 shares of common stock on January 28, 2025, to cover tax obligations.
Summary
- On January 28, 2025, John Sbragia, a Senior Vice President at GATX Corp, disposed of 170 shares of GATX common stock.
- The transaction was executed at a price of $165.15 per share.
- This disposal was related to covering tax obligations.
- Following the transaction, Sbragia directly owns 7,051 shares of GATX common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares to cover tax obligations is a normal occurrence and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of the US market and are required by the SEC to ensure transparency when company insiders trade their own company's stock. It allows the public to see what company insiders are doing with their stock.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of transaction: John Sbragia disposed of shares. |
| 01/30/2025 | Date of signature on the Form 4 filing. |
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