GATX (GATX) EVP & Chief HR Officer granted 5,100 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nero Kimberley reported acquisition or exercise transactions in this Form 4 filing.
GATX CORP executive receives stock option grant
EVP & Chief HR Officer Kimberley Nero was granted stock options for 5,100 shares of GATX CORP common stock on February 23, 2026. The options were granted at a price of $0.0000 per share as an award, not an open-market purchase.
According to the vesting terms, 33.33% of the option becomes exercisable one year from the grant date, another 33.33% after two years, and the remaining 33.34% after three years. Following this grant, Nero directly holds 4,303 shares of GATX CORP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nero Kimberley
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 NQ Stock Option (Right to Buy) | 5,100 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2026 NQ Stock Option (Right to Buy) — 5,100 shares (Direct);
Common Stock — 4,303 shares (Direct)
Footnotes (1)
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FAQ
What did GATX (GATX) executive Kimberley Nero report in this Form 4?
Kimberley Nero reported receiving a grant of stock options for 5,100 GATX CORP shares. These are derivative securities awarded as compensation, not shares bought in the open market, and are subject to a multi-year vesting schedule before they can be fully exercised.
How many GATX (GATX) stock options were granted to Kimberley Nero and at what price?
Kimberley Nero was granted options covering 5,100 shares of GATX CORP common stock at an exercise price of $0.0000 per share. This reflects a compensatory award structure, where the economic value depends on future stock performance and the vesting schedule.
What is the vesting schedule for Kimberley Nero’s GATX (GATX) stock options?
The 5,100 stock options vest in three equal tranches over three years. 33.33% become exercisable one year after the grant date, another 33.33% after two years, and the remaining 33.34% after three years, encouraging longer-term executive retention.