Form 4: Greenbrier Companies Executive Glenn William Reports Stock Transactions

Glenn William, SVP & President, Europe, of Greenbrier Companies, reports acquisition and disposal of common stock and phantom shares related to restricted stock units and deferred compensation.

Summary

• On October 17, 2024, Glenn William acquired 8,102 shares of common stock through a grant of time-vesting restricted stock units.
• On October 18, 2024, he disposed of 8,398 shares of common stock and a corresponding number of phantom shares due to the vesting of restricted stock units and subsequent deferral into phantom stock.
• On October 20, 2024, he disposed of 2,662 shares of common stock and a corresponding number of phantom shares for the same reason.
• Following these transactions, William directly owns 30,253 shares of common stock and 38,918 phantom shares.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions, with neutral sentiment.

Positives

• The grant of restricted stock units aligns the executive's interests with those of the shareholders.

Future Outlook

The phantom shares become payable in cash upon the reporting person's termination of employment with the Company.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are routinely disclosed to provide transparency to investors.

Stakeholder Impact

• Shareholders are informed about the executive's stock transactions, providing transparency.

Key Dates