GATX CORP (GATX) CFO sells 18,200 shares after option exercise
Rhea-AI Filing Summary
GATX CORP EVP & CFO Thomas A. Ellman reported an option exercise-and-sale. He exercised 18,200 nonqualified stock options at an exercise price of $77.07 per share, receiving 18,200 common shares, then sold 18,200 common shares in multiple open-market trades at weighted average prices around $179.62–$181.20 per share. He also reported indirect ownership of 10,436 common shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 18,200 shares ($1.87M approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Ellman Thomas A.
Role
EVP & CFO
Sold
18,200 shs ($3.28M)
Approx. gross sale proceeds
$3.28M
Approx. exercise cost
$1.40M
Approx. pre-tax spread
$1.87M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2020 NQ Stock Option (Right to Buy) | 18,200 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 18,200 | $77.07 | $1.40M |
| Sale | Common Stock F2 | 9,452 | $179.623 | $1.70M |
| Sale | Common Stock F3 | 8,641 | $180.5607 | $1.56M |
| Sale | Common Stock F4 | 107 | $181.2003 | $19K |
| holding | Common Stock 401(k) | -- | -- | -- |
Holdings After Transaction:
2020 NQ Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 34,361 shares (Direct);
Common Stock 401(k) — 10,436 shares (Indirect, 401(k))
Footnotes (4)
- F1. Includes 42 shares acquired through the reinvestment of dividends.
- F2. Represents the weighted average sale price. The highest price at which shares were sold was $180.1500 and the lowest price at which shares were sold was $179.1800. 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.
- F3. Represents the weighted average sale price. The highest price at which shares were sold was $181.1850 and the lowest price at which shares were sold was $180.2000. 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.
- F4. Represents the weighted average sale price. The highest price at which shares were sold was $181.2050 and the lowest price at which shares were sold was $181.2000. 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
Options Exercised: 18,200 shares
Exercise Price: $77.0700 per share
Shares Sold: 18,200 shares
+4 more
7 metrics
Options Exercised
18,200 shares
Nonqualified stock options exercised on 2026-08-05
Exercise Price
$77.0700 per share
Exercise price of 2020 NQ Stock Option (Right to Buy)
Shares Sold
18,200 shares
Total GATX common shares sold in open-market transactions on 2026-08-05
Weighted Avg Sale Price 1
$179.6230 per share
9,452-share sale; price range $179.1800–$180.1500
Weighted Avg Sale Price 2
$180.5607 per share
8,641-share sale; price range $180.2000–$181.1850
Weighted Avg Sale Price 3
$181.2003 per share
107-share sale; price range $181.2000–$181.2050
401(k) Holdings
10,436 shares
Indirect GATX common stock held in 401(k) after transactions
Key Terms
nonqualified stock option, weighted average sale price, indirect ownership, 401(k) plan
4 terms
nonqualified stock option financial
"2020 NQ Stock Option (Right to Buy) derivative entry"
weighted average sale price financial
"Represents the weighted average sale price in the sale footnotes"
indirect ownership financial
"Common Stock 401(k) reported as indirect ownership (401(k))"
401(k) plan financial
"Indirect ownership of common stock through a 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did GATX (GATX) EVP & CFO Thomas A. Ellman report in this Form 4?
He exercised 18,200 nonqualified stock options at an exercise price of $77.07 per share and then sold 18,200 GATX CORP common shares in multiple open-market transactions on 2026-08-05, plus reported indirect 401(k) holdings.
How many GATX (GATX) stock options did the CFO exercise and at what price?
Thomas A. Ellman exercised 18,200 nonqualified stock options, each with an exercise price of $77.07 per share. These options were from a "2020 NQ Stock Option (Right to Buy)" grant with an expiration date of 2027-01-31 and an exercise date of 2021-01-31.
What ongoing GATX (GATX) holdings did the CFO report in a 401(k) plan?
He reported indirect ownership of 10,436 GATX CORP common shares through a 401(k) plan. This position is shown as "Common Stock 401(k)" with indirect ownership, separate from the directly held shares involved in the reported option exercise and sales.
What do the dividend reinvestment and price range footnotes mean for GATX (GATX)?
One footnote notes that post-transaction holdings include 42 shares from dividend reinvestment. Others explain that reported sale prices are weighted averages, giving highest and lowest prices for each trade and offering detailed breakdowns upon request to stakeholders.