Research Summary
AI-generated summary of this SEC filing
GATX (GATX) Director Arvia Anne L Receives 118 RSUs
What Happened
Arvia Anne L, a director of GATX Corp (GATX), was credited with 118 phantom stock/RSU units on August 3, 2026. The reported per-unit value was $177.91, for a total reported value of approximately $20,994. This transaction is an award/acquisition of deferred phantom stock/RSUs (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-08-03; 118 units @ $177.91 each (total ≈ $20,994).
- Transaction type: Award / acquisition of phantom stock / RSUs (code A).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes:
- F1: These are additional phantom stock/RSUs credited under the Amended and Restated GATX Directors' Phantom Stock Plan and the Directors' Voluntary Deferred Fee Plan. Each unit represents the right to one share of common stock upon settlement.
- F2: The 118 units were acquired via the dividend reinvestment feature of those plans.
- Timeliness: Reported on Form 4 filed with accession 0001374429-26-000011 on 2026-08-05 for a transaction on 2026-08-03; filing appears timely (Form 4 is generally due within two business days).
Context
These are deferred/phantom RSUs that typically convert into actual shares (or cash) later, usually when the director leaves the board or at another plan-specified settlement date. Such awards are routine compensation for directors and do not represent an open-market purchase (a direct bullish signal) or sale.