Form 4: Greenbrier Companies SVP, Chief HR Officer Laurie R. Dornan Reports Stock Transactions
SEC Form 4 Filing
Laurie R. Dornan, SVP, Chief HR Officer of Greenbrier Companies, reports acquisition of restricted stock units and subsequent disposal of shares to cover tax obligations.
Summary
- On October 17, 2024, Laurie R. Dornan, SVP, Chief HR Officer of Greenbrier Companies, received 4,456 shares of common stock as a grant of time-vesting restricted stock units under the company's 2021 Stock Incentive Plan.
- On October 18 and 20, 2024, Dornan disposed of 1,625 and 537 shares of common stock, respectively, to cover tax liabilities associated with the vesting of the restricted stock units.
- The weighted average price for the October 18 transaction was $52.64.
- The weighted average price for the October 20 transaction was $52.09.
- Following these transactions, Dornan beneficially owns 30,096.6126 shares of Greenbrier Companies common stock.
Sentiment
Score: 5
Explanation: The document reflects routine insider transactions related to stock-based compensation, indicating a neutral sentiment.
Positives
- The acquisition of restricted stock units aligns Dornan's interests with the long-term performance of Greenbrier Companies.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a significant shift in the company's outlook or performance within the railcar industry.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/17/2024 | Grant of 4,456 restricted stock units. |
| 10/18/2024 | Disposal of 1,625 shares for tax liability. |
| 10/20/2024 | Disposal of 537 shares for tax liability. |
| 10/21/2024 | Date of signature on the Form 4 filing. |
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