Form 4: GATX Director James B. Ream Reports Acquisition of Common Stock
SEC Form 4
Director James B. Ream reports acquisition of 241 shares of GATX Corp common stock through dividend reinvestment and deferred fee plan.
Summary
- On November 1, 2024, James B. Ream, a director of GATX Corp, acquired 241 shares of common stock.
- The acquisition was made through the GATX Directors' Phantom Stock Plan and the GATX Corporation Directors' Voluntary Deferred Fee Plan.
- 182 shares were acquired through dividend reinvestment, and 59 shares were acquired by deferring cash retainers and fees.
- The price of the stock was $139.0447 per share.
- Following the transaction, Ream beneficially owns 46,621 shares of GATX Corp common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company, which can be seen as a sign of confidence.
Positives
- Director's participation in dividend reinvestment and deferred fee plan shows confidence in the company's future.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure of a director's stock acquisition, which is common in publicly traded companies. It reflects the director's ongoing investment in the company.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| January 1, 2022 | Date of the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan |
| November 1, 2024 | Date of the transaction where James B. Ream acquired shares of common stock |
| November 4, 2024 | Date of the signature on the Form 4 filing |
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