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Research Summary
AI-generated summary
GATX Director James B. Ream Receives 155 Phantom Shares
What Happened James B. Ream, a director of GATX Corp. (GATX), was credited with 155 shares of phantom stock/RSUs (transaction code A — award/grant) on Feb 2, 2026. The filing shows an acquisition price basis of $180.66 per share, for a reported value of $28,003. This was not an open-market purchase or sale but an award/credit under the company’s director compensation plans.
Key Details
- Transaction date and price: Feb 2, 2026 — 155 shares @ $180.66 each (total $28,003).
- Plan(s): Amended and Restated GATX Directors' Phantom Stock Plan and Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan.
- Footnotes: F1 — shares are phantom/RSUs that represent the right to one share of common stock upon settlement and are generally payable on a deferred basis at the director’s election upon termination; F2 — these 155 shares were credited via the plans’ dividend reinvestment feature.
- Shares owned after transaction: Not reported in this filing.
- Filing date: Feb 4, 2026 (filed within the typical 2-business-day window following the Feb 2 transaction).
Context Phantom stock/RSUs are a deferred, non-cash form of compensation that entitle the holder to receive common shares (or their cash equivalent) in the future; they are not the same as an immediate open-market purchase. Dividend reinvestment under the plans generated these additional credited units. Such awards are routine elements of director compensation and do not by themselves indicate the director bought or sold stock in the market.