STOCK TITAN

GATX (NYSE: GATX) SVP uses stock to pay tax obligations

(Neutral)
(Neutral)
Form Type
4

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 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)
  1. F1. Includes 49 shares acquired through the reinvestment of dividends.
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
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.

At what price were the 70 GATX (GATX) shares used for tax or exercise payment valued?

The 70 shares were valued at a reference price of $179.6275 per share. This figure reflects the per-share value applied for the code F transaction used to satisfy an exercise price or tax liability obligation.

How many GATX (GATX) shares does Kevin Hillesland hold after this Form 4 transaction?

After the reported transaction, Kevin Hillesland directly holds 7,212 GATX common shares. This total includes 49 shares that were previously acquired through the reinvestment of dividends, as noted in the filing footnote.

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.

Does the Form 4 show an open-market sale or purchase of GATX (GATX) shares by Kevin Hillesland?

No open-market purchase or sale is reported. The Form 4 records a code F transaction, where 70 shares were withheld or delivered solely to cover exercise price or tax liability, not a discretionary market trade.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hillesland Kevin

(Last)(First)(Middle)
233 S. WACKER DR.

(Street)
CHICAGO ILLINOIS 60606

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GATX CORP [ GATX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Structured Finance
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/15/2026F70D$179.62757,212(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes 49 shares acquired through the reinvestment of dividends.
Remarks:
Lisa M. Ibarra, by Power of Attorney on behalf of Kevin Hillesland08/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)