GATX (NYSE: GATX) exec sells 1,000 option shares at $179.5186
Rhea-AI Filing Summary
GATX CORP (GATX) reported that officer Doygun Eren, SVP Chief Planning & Investment Officer, exercised a 2020 nonqualified stock option for 1,000 shares of common stock at an exercise price of $77.07 per share on August 26, 2026, then sold the resulting 1,000 common shares at a weighted average price of $179.5186 per share (price range $179.29–$179.80). Following the transaction, this specific option position shows 0 derivative shares remaining, and Eren also reports indirect ownership of 210 common shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 1,000 shares ($102K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Doygun Eren
Role
SVP Chief Plan. & Invest. Off.
Sold
1,000 shs ($180K)
Approx. gross sale proceeds
$180K
Approx. exercise cost
$77K
Approx. pre-tax spread
$102K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2020 NQ Stock Option (Right to Buy) | 1,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,000 | $77.07 | $77K |
| Sale | Common Stock F1 | 1,000 | $179.5186 | $180K |
| holding | Common Stock 401(k) | -- | -- | -- |
Holdings After Transaction:
2020 NQ Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 5,323 shares (Direct);
Common Stock 401(k) — 210 shares (Indirect, 401(k))
Footnotes (1)
- F1. Represents the weighted average sale price. The highest price at which shares were sold was $179.8000 and the lowest price at which shares were sold was $179.2900. Information regarding the number of shares sold at each separate price will be made available from the reporting person upon request by the SEC, the issuer or its shareholders.
Key Figures
Option shares exercised: 1,000 shares
Option exercise price: $77.07 per share
Common shares sold: 1,000 shares
+4 more
7 metrics
Option shares exercised
1,000 shares
2020 NQ Stock Option exercised on August 26, 2026
Option exercise price
$77.07 per share
Exercise or conversion price of 2020 NQ Stock Option
Common shares sold
1,000 shares
Sale of GATX common stock on August 26, 2026
Weighted average sale price
$179.5186 per share
Weighted average for 1,000 shares sold; range $179.29–$179.80
Option expiration date
January 31, 2027
Expiration of 2020 NQ Stock Option
401(k) indirect holdings
210.0000 shares
Common Stock 401(k) total shares following transaction
Net buy/sell shares
-1,000 shares
Transaction summary net buy/sell direction reported as net-sell
Key Terms
Nonqualified stock option, weighted average sale price, derivative security, indirect ownership, +1 more
5 terms
Nonqualified stock option financial
"2020 NQ Stock Option (Right to Buy)"
A nonqualified stock option (NQSO) is a company grant that gives an individual the right to buy shares at a set price but does not meet special tax rules for incentive stock options; when exercised the difference between the market price and the exercise price is treated as ordinary income for the recipient and as a tax-deductible expense for the company. It matters to investors because NQSOs affect an employee’s after-tax proceeds, the company’s reported expenses, and potential share dilution—think of it like a cash bonus that converts into stock but is taxed as regular pay when you take it.
weighted average sale price financial
"Represents the weighted average sale price. The highest price"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect ownership financial
"Common Stock 401(k) ... ownership_type": "indirect""
401(k) financial
"nature_of_ownership": "401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
FAQ
What did GATX (GATX) executive Doygun Eren report on this Form 4?
Doygun Eren exercised a 2020 stock option for 1,000 GATX common shares at an exercise price of $77.07 per share and on the same day sold 1,000 common shares at a weighted average price of $179.5186 per share.
What was the exercise price of the GATX (GATX) stock option used by Doygun Eren?
The stock option exercised by Doygun Eren had an exercise price of $77.07 per share, covering 1,000 underlying shares of GATX common stock. The option was granted as a 2020 NQ Stock Option with an expiration date of January 31, 2027.
Were the GATX (GATX) transactions by Doygun Eren under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmatively checked and no footnote states that the transactions were executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
