GATX director awarded 130 phantom stock units
GATX CORP director Paul G. Yovovich acquired 130 shares of phantom stock/RSUs on 2026-08-03 at $177.9125 per share, credited through the dividend reinvestment feature of GATX’s Directors’ Phantom Stock Plan and Voluntary Deferred Fee Plan.
Rhea-AI Filing Summary
GATX CORP director Paul G. Yovovich acquired 130 shares of phantom stock/RSUs on 2026-08-03 at $177.9125 per share, credited through the dividend reinvestment feature of GATX’s Directors’ Phantom Stock Plan and Voluntary Deferred Fee Plan. After this award, he holds 42,420 phantom stock/RSU-equivalent shares, each representing the right to receive one share of common stock on a deferred basis.
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Insider Trade Summary
Grant/Award: 130 shares
Grant/Award
1 txn
Insider
YOVOVICH PAUL G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 130 | $177.9125 | $23K |
Holdings After Transaction:
Common Stock — 42,420 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 130 shares of phantom stock/RSUs acquired pursuant to the dividend reinvestment feature of the Phantom Stock Plan and the Deferred Fee Plan.
Key Figures
Phantom stock/RSUs acquired: 130 shares
Award value per unit: $177.9125 per share
Total phantom stock/RSU-equivalents after award: 42,420 shares
3 metrics
Phantom stock/RSUs acquired
130 shares
Award credited on 2026-08-03 via dividend reinvestment feature
Award value per unit
$177.9125 per share
Per-share value for the 130 phantom stock/RSUs credited
Total phantom stock/RSU-equivalents after award
42,420 shares
Deferred phantom stock/RSU-equivalent balance following the transaction
Key Terms
phantom stock, RSUs, dividend reinvestment feature, Voluntary Deferred Fee Plan
4 terms
phantom stock financial
"Amended and Restated GATX Directors' Phantom Stock Plan ("Phantom Stock Plan")"
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.
dividend reinvestment feature financial
"130 shares of phantom stock/RSUs acquired pursuant to the dividend reinvestment feature"
Voluntary Deferred Fee Plan financial
"Directors' Voluntary Deferred Fee Plan ("Deferred Fee Plan")"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GATX (GATX) director Paul G. Yovovich report?
Paul G. Yovovich reported acquiring 130 shares of phantom stock/RSUs on 2026-08-03. These units were credited through the dividend reinvestment feature of GATX’s Directors’ Phantom Stock Plan and Voluntary Deferred Fee Plan at $177.9125 per share as additional deferred equity compensation.
What is the value per unit of the latest GATX (GATX) phantom stock/RSU award to director Paul G. Yovovich?
The 130 phantom stock/RSUs credited to Paul G. Yovovich were valued at $177.9125 per share. This per-unit value applies to the dividend reinvestment credit under the GATX Directors’ Phantom Stock Plan and Voluntary Deferred Fee Plan reported in the Form 4 filing.
How were the new GATX (GATX) phantom stock/RSUs for director Paul G. Yovovich generated?
The additional 130 phantom stock/RSUs for Paul G. Yovovich were acquired through the dividend reinvestment feature of GATX’s Directors’ Phantom Stock Plan and Voluntary Deferred Fee Plan, meaning dividends payable on prior deferrals were reinvested as additional phantom stock/RSU units.
When will GATX (GATX) director Paul G. Yovovich’s phantom stock/RSUs typically be settled?
Each phantom stock/RSU generally represents a right to receive one share of GATX common stock upon settlement. According to the plan terms, these amounts are typically payable on a deferred basis at Paul G. Yovovich’s election following his termination of service on GATX’s board.
AI-generated analysis. How Rhea-AI works. Not financial advice.
