GATX director granted 731 RSUs as equity retainer
Stanley Adam L. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Stanley Adam L. reported acquisition or exercise transactions in this Form 4 filing.
GATX CORP director Adam L. Stanley received an equity grant of 731 restricted stock units as part of his annual equity retainer. Each RSU represents one share of GATX common stock and was granted at no cash purchase price.
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, provided he continues to serve as a director through that meeting. After this grant, he directly holds 9,371 shares of GATX common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 731 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the Reporting Person's annual equity retainer, which is issued as restricted stock units ("RSUs") that will be settled in shares of the Issuer's common stock. Each RSU represents the right to receive one share of common stock. The RSUs will vest in full on the date of the first annual meeting of shareholders of the Company at which directors are elected following the Grant Date, subject to the Reporting Person's continued service through such date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
annual equity retainer financial
vest in full financial
continued service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GATX (GATX) director Adam L. Stanley report on this Form 4?
What is the vesting schedule for Adam L. Stanley’s new GATX (GATX) RSUs?
What are Adam L. Stanley’s total GATX (GATX) holdings after this Form 4 grant?
Was there a purchase price for Adam L. Stanley’s GATX (GATX) RSU grant?
What does “annual equity retainer” mean for GATX (GATX) directors in this context?
AI-generated analysis. How Rhea-AI works. Not financial advice.