GATX officer plans $444K stock sale in 2026
An officer of GATX CORP filed a Rule 144 notice to sell 2,500 common shares after exercising stock options for cash.
Rhea-AI Filing Summary
GATX CORP (GATX) received a notice that company officer Geoffrey D. Phillips intends to sell securities of GATX under Rule 144. The planned transaction involves the sale of 2,500 shares of common stock, expected on September 11, 2026, following an exercise of options under a registered plan for cash, with sales to be executed through Morgan Stanley Smith Barney LLC on the NYSE.
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Key Figures
Shares to be sold: 2,500 shares
Aggregate market value: $443,991.75
Shares figure listed: 35,300,000 shares
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4 metrics
Shares to be sold
2,500 shares
Common stock planned for sale under Rule 144 by Geoffrey D. Phillips
Aggregate market value
$443,991.75
Aggregate market value of the 2,500 GATX common shares to be sold
Shares figure listed
35,300,000 shares
Share count figure listed in the securities information section with the planned sale
Proposed sale date
September 11, 2026
Proposed date of sale and option exercise for the 2,500 shares
Key Terms
Rule 144, Exercise of Options Under a Registered Plan, aggregate market value
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Exercise of Options Under a Registered Plan financial
"Common | 09/11/2026 | Exercise of Options Under a Registered Plan |"
aggregate market value financial
"2500 | 443991.75 | 35300000 | 09/11/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for GATX (GATX)?
It discloses that officer Geoffrey D. Phillips intends to sell 2,500 shares of GATX common stock under Rule 144, following an exercise of options under a registered plan, with a proposed sale date of September 11, 2026 on the NYSE.
Who is the broker for the planned GATX (GATX) Rule 144 sale?
The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, which is designated to handle the sale of the 2,500 GATX common shares on the NYSE under the Rule 144 notice.
AI-generated analysis. How Rhea-AI works. Not financial advice.