Form 4: Greenbrier Companies Executive Reports Phantom Stock Transaction
SEC Form 4 Filing
William Glenn, SVP & President, Europe, at Greenbrier Companies, reported a transaction involving phantom stock related to the company's deferred compensation plan.
Summary
- On November 6, 2024, William Glenn, SVP & President, Europe, at Greenbrier Companies, engaged in a transaction involving phantom stock.
- Glenn transferred the cash value of 8,000 shares of phantom stock into an alternative investment account under the company's deferred compensation plan.
- The transfer resulted in the sale of shares by the company's deferred compensation plan on behalf of Glenn.
- Following the transaction, Glenn directly owns 30,918 shares.
- The price of the phantom stock was $64.8107.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing about an insider transaction.
Industry Context
This is a routine disclosure of an insider transaction, common for executives participating in deferred compensation plans. It doesn't necessarily reflect a change in the company's outlook or performance.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of phantom stock transaction |
| 11/07/2024 | Date of signature on the Form 4 filing |
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