Hillesland Kevin 4
Research Summary
AI-generated summary
GATX SVP Kevin Hillesland Withholds 414 Shares for Taxes
What Happened
Kevin Hillesland, Senior Vice President, Structured Finance at GATX Corp (GATX), had 414 shares withheld to satisfy a tax liability related to equity compensation. The shares were valued at $184.66 each, for a total of approximately $76,450. This was a tax-withholding disposition (not an open‑market sale).
Key Details
- Transaction date: 2026-01-26; Form 4 filed: 2026-01-28 (filed timely).
- Action: Code F — payment of exercise price or tax liability via share withholding.
- Shares withheld/disposed: 414 at $184.66 each; total value ≈ $76,450.
- Shares owned after transaction: not specified in the filing.
- Filing accession: 0001989913-26-000004.
Context
Code F transactions typically mean the insider surrendered shares to cover taxes from a stock option exercise or vesting event (a cashless or share‑withholding settlement). This is a routine administrative action and should not be interpreted as an active sell indicating negative sentiment.