Form 4: GATX Corp Executive Thomas A. Ellman Reports Stock Disposal to Cover Tax Obligations

Thomas A. Ellman, EVP & CFO of GATX Corp, disposed of 1,254 shares of common stock on January 28, 2025, to cover tax obligations related to equity compensation.

Summary

• On January 28, 2025, Thomas A. Ellman, the EVP & CFO of GATX Corp, reported a transaction involving the disposal of 1,254 shares of GATX common stock.
• The shares were disposed of to satisfy tax withholding obligations.
• The transaction was executed at a price of $165.15 per share.
• Following the transaction, Ellman directly owns 34,237 shares of GATX common stock.
• Ellman also indirectly owns 10,203 shares through the company's 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard Form 4 filing, indicating a routine transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from equity compensation, which is a common practice.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates