Director at GATX (NYSE: GATX) receives 731 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
YOVOVICH PAUL G reported acquisition or exercise transactions in this Form 4 filing.
GATX CORP director Paul G. Yovovich received an annual equity retainer in the form of a grant of 731 restricted stock units on April 24, 2026. These RSUs will be settled in shares of common stock and each unit represents one share.
The RSUs vest in full at the first annual shareholder meeting at which directors are elected following the grant date, if he continues serving as a director through that date. After this grant, he directly owns 42,152 shares of GATX common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
YOVOVICH PAUL G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 731 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 42,152 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 731 restricted stock units
Transaction price per share: $0.0000 per share
Shares owned after transaction: 42,152 shares
3 metrics
RSU grant size
731 restricted stock units
Annual equity retainer granted on April 24, 2026
Transaction price per share
$0.0000 per share
Equity award issued as non-cash compensation
Shares owned after transaction
42,152 shares
Total direct GATX common stock holdings after the grant
Key Terms
restricted stock units ("RSUs"), annual equity retainer, vest in full
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"
vest in full financial
"The RSUs will vest in full on the date of the first annual meeting"
FAQ
What insider transaction did GATX (GATX) report for Paul G. Yovovich?
GATX reported that director Paul G. Yovovich received a grant of 731 restricted stock units as his annual equity retainer. Each RSU represents one share of GATX common stock and will be settled in stock upon vesting, rather than being a cash payment.
When do the new restricted stock units for GATX (GATX) director vest?
The 731 restricted stock units granted to the GATX director vest in full on the date of the first annual shareholder meeting at which directors are elected following the grant date, provided he continues serving as a director through that meeting date.
Was cash paid for the 731 GATX (GATX) restricted stock units granted?
No cash was paid by the director for the 731 restricted stock units; the per-share transaction price is reported as 0.0000. The award represents non-cash equity compensation issued as an annual equity retainer for service on the company’s board.
What type of Form 4 transaction is the GATX (GATX) director award?
The Form 4 classifies the transaction as an acquisition under code "A" for a grant, award, or other acquisition. It reflects a non-derivative equity award of common stock units given as compensation, not an open-market purchase or sale of GATX shares.