GATX Director James B. Ream Receives 164 RSUs

What Happened
James B. Ream, a director of GATX Corporation (GATX), was credited with 164 shares of phantom stock/RSUs on August 3, 2026. The award is valued at $177.91 per share, for a total value of $29,178. The units were credited under the Amended and Restated GATX Directors' Phantom Stock Plan and the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan; these phantom stock/RSUs represent the right to receive one share of GATX common stock upon settlement.

Key Details

• Transaction date: 2026-08-03; transaction type: Award/Grant (code A)
• Price/value: $177.91 per share; 164 shares; total value $29,178
• Shares owned after transaction: not specified in this Form 4
• Footnotes: F1 — units credited under the Phantom Stock Plan and Deferred Fee Plan; generally payable in common stock at the director’s election upon termination of board service. F2 — the 164 units were acquired via the plans’ dividend reinvestment feature.
• Filing: Form 4 filed 2026-08-05; filing appears to be timely (reported within standard two-business-day window).

Context
These were not open-market purchases but awards of phantom stock/RSUs that typically settle in common shares at a later date (often upon termination of board service) or per the director’s election. Dividend reinvestment within the plans was used to acquire these additional phantom shares. Such awards are routine elements of director compensation and do not by themselves indicate the director immediately bought or sold company stock.