Form 4: GATX Director Adam L. Stanley Reports Acquisition of Phantom Stock
SEC Form 4
Director Adam L. Stanley reports acquisition of 29 shares of GATX Corp phantom stock through dividend reinvestment.
Summary
- Adam L. Stanley, a director of GATX Corp, reported acquiring 29 shares of common stock on May 1, 2025.
- These shares were acquired through the dividend reinvestment feature of the Amended and Restated GATX Directors' Phantom Stock Plan and the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan.
- The price per share was $143.9125.
- Following the transaction, Stanley beneficially owns 8,556 shares of GATX common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to insider transactions, specifically the acquisition of phantom stock through dividend reinvestment, which is a common practice for compensating and incentivizing board members.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Acquisition of phantom stock. |
| 05/02/2025 | Date of report: Filing of Form 4. |
Keywords
GATX, Director, Adam L. Stanley, Phantom Stock, Dividend Reinvestment, Form 4, Beneficial Ownership
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