Form 4: Greenbrier CEO Reports Stock Grant & Tax Withholding
Statement of Changes in Beneficial Ownership (Form 4)
Greenbrier Companies CEO Lorie Tekorius reported the vesting of restricted stock units and the subsequent withholding of shares for tax obligations.
Summary
- Lorie Tekorius, CEO and President of The Greenbrier Companies, Inc. (GBX), reported transactions on October 22, 2025.
- Tekorius acquired 149,528 shares of Common Stock through a grant of time-vesting restricted stock units and the vesting of performance-vesting restricted stock units under The Greenbrier Companies 2021 Stock Incentive Plan.
- Following the acquisition, Tekorius's beneficial ownership was 399,824.0252 shares.
- Subsequently, 52,303 shares were disposed of (withheld) to cover tax liabilities incident to the vesting of the restricted stock units.
- The shares withheld for tax were valued at $45.76 per share.
- After the tax withholding, Tekorius's direct beneficial ownership stands at 347,521.0252 shares of Common Stock.
Sentiment
Score: 5
Explanation: The filing reports routine executive compensation events (restricted stock unit vesting and tax withholding) which are neutral in terms of company performance or outlook.
Positives
- The vesting of restricted stock units indicates that performance targets or time-based conditions, as set out in The Greenbrier Companies 2021 Stock Incentive Plan, have been met, aligning executive incentives with company performance.
Negatives
- A portion of the vested shares (52,303 shares) was withheld to satisfy tax obligations, which is a standard practice but results in a reduction of the direct share count for the reporting person.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of executive compensation and does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: The vesting of restricted stock units aligns executive incentives with shareholder interests, as it is often tied to performance metrics. The tax withholding is a routine administrative event with minimal direct impact.
- Employees: No direct impact on general employees is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 10/22/2025 | Date of reported transactions, including acquisition of restricted stock units and disposition for tax withholding. |
| 10/24/2025 | Date the Form 4 was signed by Kim Moore, Attorney-In-Fact for Lorie L. Tekorius. |
Keywords
Greenbrier, GBX, Form 4, Insider Transaction, Restricted Stock Units, CEO Compensation, Lorie Tekorius, Stock Incentive Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.