Sbragia John 4

What Happened

• John Sbragia, Senior Vice President, Engineering and Quality at GATX Corp (GATX), surrendered 186 shares to cover tax withholding (transaction code F). The shares were recorded at $184.66 each for a total value of $34,347. This was not an open-market sale but a withholding of shares to satisfy tax obligations related to an equity award or option exercise.

Key Details

• Transaction date: 2026-01-26; Filing date: 2026-01-28 (filed on time)
• Price reported: $184.66 per share
• Shares surrendered/“disposed”: 186; total value: $34,347
• Shares owned after transaction: Not specified in the provided details
• Footnote/transaction code: F = payment of exercise price or tax liability (shares withheld for taxes)
• This was a withholding/tax-payment event, not a market sale

Context

• When insiders exercise options or receive awards, companies commonly withhold shares to cover taxes; this is a routine administrative step and not a directional buy/sell signal.
• Such transactions are different from open-market sales (which may indicate intent to monetize holdings) or purchases (which can be a more direct bullish signal).