Director at GATX (NYSE: GATX) granted 731 RSUs as annual retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GATX CORP director Diane Aigotti received an equity grant of 731 restricted stock units (RSUs) that will settle in common shares. The award represents her annual equity retainer and carries no cash exercise price.
Each RSU equals one share of GATX common stock. The RSUs will vest in full on the date of the first annual meeting of shareholders at which directors are elected following the grant date, subject to her continued board service through that meeting. After this grant, she directly holds 19,762 shares of GATX common stock. Aigotti has elected to defer receipt of the common shares issuable upon settlement of these RSUs under the GATX Corporation Directors' Voluntary Deferred Fee Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aigotti Diane
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 731 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,762 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 731 RSUs
Post-transaction holdings: 19,762 shares
Transaction price per share: $0.0000
3 metrics
RSU grant size
731 RSUs
Annual equity retainer grant to director Diane Aigotti
Post-transaction holdings
19,762 shares
Direct ownership after the RSU award
Transaction price per share
$0.0000
Indicates non-cash, compensation-related equity grant
Key Terms
restricted stock units ("RSUs"), annual equity retainer, Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan
3 terms
restricted stock units ("RSUs") financial
"issued as restricted stock units ("RSUs") that will be settled in shares"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual equity retainer financial
"Represents the Reporting Person's annual equity retainer, which is issued as RSUs"
Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan financial
"elected to defer receipt of the shares ... under the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan"