Form 4: GATX Director Anne L. Arvia Reports Acquisition of Phantom Stock/RSUs
SEC Form 4 Filing
Director Anne L. Arvia reports the acquisition of additional phantom stock/RSUs in GATX Corp through dividend reinvestment.
Summary
- On February 3, 2025, Anne L. Arvia, a director of GATX Corp, acquired 116 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 per share was $111.143.
- Following the transaction, Arvia's total holdings amount to 32,867 shares.
- These shares 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.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction. The director's participation in the dividend reinvestment plan could be seen as a slightly positive signal.
Positives
- The director's participation in the dividend reinvestment plan signals confidence in the company's future performance.
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 related to director compensation and holdings, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of transaction: Acquisition of phantom stock/RSUs. |
| 02/05/2025 | Date of signature on the Form 4 filing. |
Keywords
GATX, Director, Phantom Stock, RSUs, Dividend Reinvestment, Form 4, Beneficial Ownership
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