GATX CORP (NYSE: GATX) director receives 142 phantom stock and RSU units
Rhea-AI Filing Summary
Bausch Shelley J reported acquisition or exercise transactions in this Form 4 filing.
GATX CORP director Shelley J. Bausch reported a grant/credit of 142.0000 shares of phantom stock/RSUs on August 3, 2026 at $177.9125 per share. The units were issued under the Amended and Restated GATX Directors' Phantom Stock Plan and the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan.
Footnotes state that 15 of these units came from the plans' dividend reinvestment feature and 126 RSUs resulted from Bausch electing to defer her annual cash retainer and other director fees into RSUs. Each phantom stock/RSU represents the right to receive one share of GATX common stock, generally payable on a deferred basis when her board service ends. Following this award, Bausch directly holds 4308.0000 common stock equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 142 shares
Net Buy
1 txn
Insider
Bausch Shelley J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 142 | $177.9125 | $25K |
Holdings After Transaction:
Common Stock — 4,308 shares (Direct)
Footnotes (2)
- F1. Represents additional shares of phantom stock/RSUs credited to the reporting person's account under the Amended and Restated GATX Directors' Phantom Stock Plan ("Phantom Stock Plan") and the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan ("Deferred Fee Plan") on the transaction date. Each share of phantom stock/RSU represents the right to receive one share of Issuer's common stock upon settlement. The shares of phantom stock/RSUs are generally payable on a deferred basis in common stock at the election of the reporting person upon the reporting person's termination of service on the Issuer's board of directors.
- F2. Represents (a) 15 shares of phantom stock/RSUs acquired pursuant to the dividend reinvestment feature of the Phantom Stock Plan and Deferred Fee Plan, and (b) 126 RSUs acquired under the Deferred Fee Plan resulting from the reporting person's election to defer the annual cash retainer and other cash fees payable to the reporting person in the form of RSUs under the Deferred Fee Plan.
Key Figures
Phantom stock/RSUs acquired: 142.0000 shares
Reference price per unit: 177.9125 per share
Holdings after transaction: 4308.0000 shares
+2 more
5 metrics
Phantom stock/RSUs acquired
142.0000 shares
Grant/award acquisition credited on August 3, 2026
Reference price per unit
177.9125 per share
Price reported for the 142.0000 phantom stock/RSUs
Holdings after transaction
4308.0000 shares
Total direct common stock equivalents held by Bausch after the award
Dividend reinvestment units
15 shares
Portion of phantom stock/RSUs from dividend reinvestment features
Deferred fee RSUs
126 RSUs
Units from deferral of annual cash retainer and other cash fees
Key Terms
phantom stock, RSUs, Directors' Phantom Stock Plan, Directors' Voluntary Deferred Fee Plan, +1 more
5 terms
phantom stock financial
"Represents additional shares of phantom stock/RSUs credited to the reporting"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
RSUs financial
"Each share of phantom stock/RSU represents the right to receive one share"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Directors' Phantom Stock Plan financial
"under the Amended and Restated GATX Directors' Phantom Stock Plan"
Directors' Voluntary Deferred Fee Plan financial
"under the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan"
dividend reinvestment financial
"shares of phantom stock/RSUs acquired pursuant to the dividend reinvestment feature"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did GATX (GATX) director Shelley J. Bausch report?
Shelley J. Bausch reported acquiring 142.0000 phantom stock/RSUs at $177.9125 per share as director compensation. The units were credited under GATX’s director Phantom Stock Plan and Deferred Fee Plan, increasing her direct common stock equivalent holdings to 4308.0000 shares.
How were the 142 phantom stock/RSUs for GATX (GATX) director Bausch generated?
The 142 units consist of 15 shares of phantom stock/RSUs from a dividend reinvestment feature and 126 RSUs from Bausch’s election to defer her annual cash retainer and other director fees into RSUs under the Deferred Fee Plan.
What plans govern the phantom stock/RSUs reported for GATX (GATX) director Shelley J. Bausch?
The units are issued under the Amended and Restated GATX Directors' Phantom Stock Plan and the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan, which credit phantom stock/RSUs instead of cash and link them to GATX common shares.
When will the GATX (GATX) phantom stock/RSUs reported by Shelley J. Bausch be settled?
Each phantom stock/RSU represents the right to receive one share of GATX common stock. According to the plans, these awards are generally payable in common stock on a deferred basis when Bausch’s service on GATX’s board of directors terminates.
Is the GATX (GATX) Form 4 for Shelley J. Bausch a market purchase or a plan-based award?
The Form 4 reflects a grant/award acquisition, not an open-market purchase. The 142.0000 units were credited through director compensation mechanisms: dividend reinvestment and voluntary deferral of cash fees into RSUs under GATX’s director phantom stock and deferred fee plans.