Form 4: Greenbrier Companies CEO Lorie Tekorius Reports Stock Transactions
SEC Form 4 Filing
Lorie Tekorius, CEO of Greenbrier Companies, reports the vesting of restricted stock units and shares withheld for tax liability.
Summary
- On October 16, 2024, Lorie Tekorius, CEO and President of Greenbrier Companies, reported transactions involving Greenbrier Companies (GBX) common stock.
- Tekorius acquired 28,033 shares of common stock through the vesting of performance-vesting restricted stock units granted under the company's 2021 Stock Incentive Plan.
- Additionally, 10,414 shares were withheld to cover tax liabilities associated with the vesting of these restricted stock units at a price of $51.77.
- Following these transactions, Tekorius beneficially owns 244,591.7302 shares of Greenbrier Companies common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Positives
- The vesting of restricted stock units aligns the CEO's interests with those of the shareholders.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of restricted stock units may have a minor positive impact on shareholder sentiment as it aligns management's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 10/16/2024 | Date of stock transactions (vesting of restricted stock units and tax withholding). |
| 10/18/2024 | Date of signature on the Form 4 filing. |
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