YOVOVICH PAUL G 4
Research Summary
AI-generated summary
GATX (GATX) Director Paul Yovovich Receives Phantom Stock Award
What Happened Paul G. Yovovich, a director of GATX Corporation, was credited with 136 shares of phantom stock/RSUs on 2026-05-01 (transaction coded as an award/acquisition). The grant price used was $194.92 per share, giving a notional value of approximately $26,509. This was not an open-market purchase or sale of common stock; the units represent rights to receive common shares upon settlement.
Key Details
- Transaction date: 2026-05-01; Form filed: 2026-05-05.
- Transaction type: Award/Acquisition (code A).
- Shares credited: 136 phantom stock/RSUs at $194.92 each; total value ≈ $26,509.
- Shares owned after transaction: Not stated in the provided filing.
- Footnotes: F1 indicates these are phantom stock/RSUs credited under the Directors' Phantom Stock Plan and Deferred Fee Plan and are generally payable in common stock on a deferred basis when the director leaves the board. F2 states the 136 shares came from the dividend reinvestment feature of those plans.
- Filing timeliness: No late-filing indicator shown in the provided data.
Context Phantom stock/RSUs are deferred-compensation units that give the holder the right to receive actual shares (or equivalent value) later—often upon termination of board service—so this credit does not represent immediate buying or selling pressure in the market. The units were acquired via plan mechanics (dividend reinvestment), not a market transaction.