GATX CORP·4

Apr 28, 4:40 PM ET

YOVOVICH PAUL G 4

Research Summary

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GATX Director Paul G. Yovovich Receives RSU Award

What Happened

  • Paul G. Yovovich, a director of GATX Corp (GATX), was granted 731 restricted stock units (RSUs) on April 24, 2026. The RSUs were issued at a $0 acquisition price (transaction code A) and represent the right to receive one share of common stock per RSU once vested. This award is an equity retainer and not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-04-24; Form 4 filed: 2026-04-28 (timely filing).
  • Award details: 731 RSUs granted at $0.00 per unit (total acquisition cost reported as $0).
  • Vesting: RSUs will vest in full on the date of the first annual meeting of shareholders at which directors are elected following the grant, subject to continued service (see footnote F1).
  • Shares owned after the transaction: not specified in this filing.
  • Transaction code: A = grant/award. No 10b5-1 plan, tax withholding, or immediate sale reported.

Context

  • These RSUs are a form of director compensation (annual equity retainer) and convert to common shares only upon vesting; they do not reflect an immediate cash purchase or sale. Grants like this are routine for directors and are compensation-related rather than a direct signal of personal buying/selling conviction.