Donfris Michael J 4
Research Summary
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Greenbrier (GBX) CFO Michael Donfris Shares Withheld for Taxes
What Happened Michael J. Donfris, Senior Vice President and Chief Financial Officer of Greenbrier Companies, had 351 shares withheld to satisfy a tax liability related to the vesting of restricted stock units. The withholding price was $49.33 per share, for a total value of approximately $17,315. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-06-17; Filing date: 2026-06-18 (timely filed).
- Price per share: $49.33; Shares withheld: 351; Total value ≈ $17,315.
- Transaction code: F — shares withheld to pay tax liability on vesting of RSUs (see footnote F1).
- Shares owned after transaction: not specified in the provided filing details.
- No indication of a 10b5-1 plan or open-market sale; this was internal tax withholding.
Context Withholding shares to cover taxes upon RSU vesting is a routine administrative action and does not by itself indicate a buy or sell decision by the insider. It reduces the insider’s outstanding shares but is distinct from an open-market sale.