Form 4: GATX Director Adam L. Stanley Reports Acquisition of Phantom Stock/RSUs

Director Adam L. Stanley reports the acquisition of 27 phantom stock/RSUs in GATX Corp through dividend reinvestment.

Summary

• On February 3, 2025, Adam L. Stanley, a director of GATX Corp, acquired 27 shares of phantom stock/RSUs.
• The acquisition was made 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 of the acquisition was $111.143 per share.
• Following the transaction, Stanley beneficially owns 7,584 shares of common stock.
• Each share of phantom stock/RSU represents the right to receive one share of GATX Corp's common stock upon settlement, generally payable upon termination of service on the board of directors.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding stock ownership, indicating a neutral sentiment.

Future Outlook

The phantom stock/RSUs are generally payable on a deferred basis in common stock at the election of the reporting person upon the reporting person's termination of service on the Issuer's board of directors.

Industry Context

This filing is a routine disclosure of a director's acquisition of company stock through a dividend reinvestment plan, which is a common practice among publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a director's acquisition of phantom stock/RSUs through a dividend reinvestment plan.

Key Dates

Keywords

GATX, Adam L. Stanley, phantom stock, RSUs, director, dividend reinvestment, Form 4, beneficial ownership