Form 4: Greenbrier Companies Executive Reports Phantom Stock Transaction

William Glenn, SVP & President, Europe at Greenbrier Companies, reports a transaction involving phantom stock related to deferred compensation.

Summary

• On February 13, 2025, William Glenn, SVP & President, Europe at Greenbrier Companies, engaged in a transaction involving phantom stock.
• Glenn deferred the receipt of common stock upon the vesting of restricted stock units and instead received 12,000 shares of phantom stock under the company's deferred compensation plan.
• Each phantom share is equivalent to one share of common stock and becomes payable in cash upon termination of employment.
• Glenn transferred the cash value of 12,000 phantom shares into an alternative investment account at a price of $60.9395 per share.
• Following the reported transaction, Glenn directly owns 18,918 shares.
• The transfer resulted in the sale of shares by the Company's deferred compensation plan on behalf of the reporting person.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing an executive's stock transaction; it doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and is specific to Greenbrier Companies.

Key Dates

Keywords

Form 4, Greenbrier Companies, Phantom Stock, Deferred Compensation, Executive Compensation, GBX, William Glenn