GATX director awarded 164 phantom stock units
REAM JAMES B reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
REAM JAMES B reported acquisition or exercise transactions in this Form 4 filing.
GATX CORP director James B. Ream received 164 additional shares of phantom stock/RSUs on August 3, 2026, credited through the dividend reinvestment feature of the company’s Directors' Phantom Stock Plan and Voluntary Deferred Fee Plan. Each unit represents the right to receive one share of common stock upon settlement, generally payable in stock on a deferred basis upon his termination of board service, bringing his plan balance to 49,470 equivalent shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 164 shares
Grant/Award
1 txn
Insider
REAM JAMES B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 164 | $177.9125 | $29K |
Holdings After Transaction:
Common Stock — 49,470 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 164 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: 164 shares
Implied price per unit: $177.9125 per share
Holdings after transaction: 49,470 shares
3 metrics
Phantom stock/RSUs acquired
164 shares
Credited via dividend reinvestment feature on 2026-08-03
Implied price per unit
$177.9125 per share
Valuation used for 164 phantom stock/RSUs credited
Holdings after transaction
49,470 shares
Total phantom stock/RSUs balance following this credit
Key Terms
phantom stock, RSUs, dividend reinvestment feature, Voluntary Deferred Fee Plan, +1 more
5 terms
phantom stock financial
"additional shares of phantom stock/RSUs credited to the reporting person's account"
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
"acquired pursuant to the dividend reinvestment feature of the Phantom Stock Plan"
Voluntary Deferred Fee Plan financial
"GATX Corporation Directors' Voluntary Deferred Fee Plan referred to as Deferred Fee Plan"
termination of service financial
"payable on a deferred basis upon the reporting person's termination of service"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GATX (GATX) director James B. Ream report?
Director James B. Ream reported acquiring 164 phantom stock/RSUs on August 3, 2026. These units were credited through the dividend reinvestment feature of GATX’s directors’ Phantom Stock Plan and Deferred Fee Plan and are payable in common stock on a deferred basis.
How many GATX (GATX) phantom stock/RSUs does James B. Ream hold after this transaction?
After the transaction, James B. Ream holds 49,470 phantom stock/RSUs under GATX’s director plans. Each unit represents the right to receive one share of GATX common stock upon settlement, generally payable after his board service ends.
What price was used for the 164 phantom stock/RSUs credited to the GATX (GATX) director?
The 164 phantom stock/RSUs were valued at $177.9125 per share for this credit. This price applies to the dividend reinvestment-based acquisition within the Phantom Stock Plan and Deferred Fee Plan accounts.
What triggered the 164 phantom stock/RSUs credited to GATX (GATX) director James B. Ream?
The 164 phantom stock/RSUs were acquired pursuant to the dividend reinvestment feature of GATX’s Directors' Phantom Stock Plan and Voluntary Deferred Fee Plan, meaning cash dividends were reinvested into additional plan units.
When will GATX (GATX) phantom stock/RSUs held by James B. Ream generally be paid out?
The phantom stock/RSUs are generally payable on a deferred basis in GATX common stock. Payment occurs at James B. Ream’s election upon his termination of service on GATX’s board of directors.
Was the reported GATX (GATX) transaction made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked, and the footnotes do not reference any trading plan. The reported acquisition instead arises from plan-based dividend reinvestment of director compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
