REAM JAMES B 4
4 · GATX CORP · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
GATX Director James B. Ream Receives 731 RSU Award
What Happened
James B. Ream, a director of GATX Corporation (GATX), received a grant of 731 restricted stock units (RSUs) on April 24, 2026. The Form 4 reports the acquisition type as "A" (award/grant) at an acquisition price of $0.00. These RSUs represent the right to receive one share of GATX common stock per RSU when settled.
Key Details
- Transaction date: 2026-04-24; Form 4 filed 2026-04-28 (filed within the required reporting window).
- Transaction type/code: A = Award/Grant of RSUs.
- Shares/units granted: 731 RSUs; acquisition price shown as $0.00 on the filing.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: The RSUs are the director's annual equity retainer and will vest in full on the date of the first annual meeting of shareholders at which directors are elected following the grant date, subject to continued service. Ream elected to defer receipt of the underlying shares under the company's Directors' Voluntary Deferred Fee Plan (per footnote F1).
Context
This was a compensatory equity grant to a director (not an open-market purchase or sale). RSU grants are routine for board compensation and do not indicate an immediate cash outlay or open-market trading — the RSUs vest and are settled into shares later (or deferred per the plan). The $0.00 acquisition price reflects the grant reporting on the grant date and is common for awards; it is not a market transaction showing cash paid.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-24+731→ 49,137 total
Footnotes (1)
- [F1]Represents the Reporting Person's annual equity retainer, which is issued as restricted stock units ("RSUs") that will be settled in shares of the Issuer's common stock. Each RSU represents the right to receive one share of common stock. The RSUs will vest in full on the date of the first annual meeting of shareholders of the Company at which directors are elected following the Grant Date, subject to the Reporting Person's continued service through such date. The Reporting Person elected to defer receipt of the shares of common stock issuable upon settlement of the RSUs under the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan.