GATX (NYSE: GATX) SVP uses stock to pay tax obligations
Rhea-AI Filing Summary
GATX CORP (GATX) reported that officer Kevin Hillesland, SVP, Structured Finance, had 70 shares of common stock withheld or delivered on 2026-08-15 to satisfy exercise price or tax liability, at a reference price of $179.6275 per share. Following this code F transaction, his directly held position is 7,212 shares, which includes 49 shares acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 70 shares
Net Sell
1 txn
Insider
Hillesland Kevin
Role
SVP, Structured Finance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock F1 | 70 | $179.6275 | $13K |
Holdings After Transaction:
Common Stock — 7,212 shares (Direct)
Footnotes (1)
- F1. Includes 49 shares acquired through the reinvestment of dividends.
Key Figures
Shares used for exercise price or tax liability: 70 shares
Reference price per share: $179.6275 per share
Shares held after transaction: 7,212 shares
+2 more
5 metrics
Shares used for exercise price or tax liability
70 shares
Code F disposition of GATX common stock on 2026-08-15
Reference price per share
$179.6275 per share
Value applied to the 70-share code F transaction
Shares held after transaction
7,212 shares
Direct GATX common stock holdings following the 2026-08-15 transaction
Dividend reinvestment shares included
49 shares
Portion of post-transaction holdings acquired via reinvestment of dividends
Exercise price or tax liability shares (summary)
70 shares
exercisePriceOrTaxLiabilityShares reported in transaction summary
Key Terms
Payment of exercise price or tax liability by delivering or withholding securities, Form 4, reinvestment of dividends
3 terms
Payment of exercise price or tax liability by delivering or withholding securities financial
"Transaction code F described as Payment of exercise price or tax liability by delivering"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) records the insider equity transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
reinvestment of dividends financial
"Includes 49 shares acquired through the reinvestment of dividends"
FAQ
What insider transaction did GATX (GATX) report for Kevin Hillesland on August 15, 2026?
GATX reported that Kevin Hillesland had 70 shares of common stock withheld or delivered on 2026-08-15 to pay exercise price or tax liability, classified as a code F disposition rather than an open-market sale or purchase.
Was Kevin Hillesland’s GATX (GATX) transaction under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed (false), meaning the transaction is not reported as executed under an affirmed 10b5-1 trading plan, based on the document-level disclosure provided.
AI-generated analysis. How Rhea-AI works. Not financial advice.