Form 4: Greenbrier Companies Executive Reports Stock Transactions
SEC Form 4 Filing
Martin Raymond Baker, a Senior Vice President at Greenbrier Companies, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On October 16, 2024, Martin Raymond Baker, a Senior Vice President at Greenbrier Companies, had 11,682 shares of common stock vest as performance-vesting restricted stock units under the company's 2021 Stock Incentive Plan.
- Also on October 16, 2024, 3,792 shares were withheld to cover the tax liability associated with the vesting of these restricted stock units at a price of $51.77 per share.
- Following these transactions, Baker directly owns 56,890 shares of Greenbrier Companies common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The vesting of restricted stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/16/2024 | Vesting of 11,682 performance-vesting restricted stock units and withholding of 3,792 shares for tax liability. |
| 10/18/2024 | Date of signature on the Form 4 filing. |
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