Form 4: GATX Director Diane Aigotti Reports Acquisition of Phantom Stock/RSUs

Director Diane Aigotti reports the acquisition of 77 shares of phantom stock/RSUs in GATX CORP through dividend reinvestment.

Summary

• On August 1, 2024, Diane Aigotti, a director of GATX CORP, acquired 77 shares of phantom stock/RSUs.
• The acquisition was made through the dividend reinvestment feature of the GATX Directors' Phantom Stock Plan and the GATX Corporation Directors' Voluntary Deferred Fee Plan Amended and Restated as of January 1, 2022.
• The price of the phantom stock/RSUs was $140.13 per share.
• Following the transaction, Aigotti directly owns 17,668 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: This is a routine filing related to director compensation, and doesn't indicate any particularly positive or negative 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 Form 4 filing is a routine disclosure related to director compensation and holdings, and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the acquisition of phantom stock/RSUs by a director.

Key Dates