GATX SVP granted 2,300 stock options

GATX CORP senior vice president Kevin Hillesland reported an equity award in the form of a nonqualified stock option.

Rhea-AI Filing Summary

GATX CORP senior vice president Kevin Hillesland reported an equity award in the form of a nonqualified stock option. He received options covering 2,300 shares of common stock at an exercise price of $0.00 per share, classified as a grant or award acquisition.

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, Hillesland directly holds 2,300 option units and 7,233 shares of common stock.

Insider Trade Summary

Grant/Award: 2,300 shares

Grant/Award 2 txns

Insider Hillesland Kevin

Role SVP, Structured Finance

Type	Security	Shares	Price	Value
Grant/Award	2026 NQ Stock Option (Right to Buy)	2,300	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: 2026 NQ Stock Option (Right to Buy) — 2,300 contracts (Direct); Common Stock — 7,233 shares (Direct)

Footnotes (1)

1. F1. 33.33% of Stock Option granted may be exercised commencing 1 year from the date of the grant, an additional 33.33% commencing 2 years from the date of the grant and the remaining 33.34% commencing 3 years from the date of the grant.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did GATX (GATX) report for Kevin Hillesland?

GATX reported a grant of 2,300 nonqualified stock options to senior vice president Kevin Hillesland. The award is recorded as an acquisition, reflecting equity-based compensation rather than an open-market stock purchase or sale.

How many GATX (GATX) stock options were granted to Kevin Hillesland?

Kevin Hillesland received 2,300 nonqualified stock options tied to GATX common stock. These options represent a right to buy shares in the future, subject to vesting conditions spread over three years from the grant date.

What is the vesting schedule for Kevin Hillesland’s GATX (GATX) stock options?

The 2,300 stock options vest in three installments: 33.33% after one year, another 33.33% after two years, and the final 33.34% after three years. Vesting determines when the options first become exercisable by the executive.

What is Kevin Hillesland’s GATX (GATX) common stock ownership after this filing?

After the reported transactions, Kevin Hillesland directly holds 7,233 shares of GATX common stock. The filing also shows 2,300 option units, which are separate derivative securities that may be exercised for common shares once vested and exercised.

Does the GATX (GATX) Form 4 show a stock sale by Kevin Hillesland?

The Form 4 does not report any stock sales by Kevin Hillesland. It records an acquisition of 2,300 nonqualified stock options as compensation and lists his resulting direct ownership of 7,233 GATX common shares after the grant.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/25/2026 - 05:21 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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 IL 60606

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GATX CORP [ GATX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Structured Finance

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								7,233	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
2026 NQ Stock Option (Right to Buy)	$196.4	02/23/2026		A		2,300		02/23/2027(1)	02/23/2033	Common Stock	2,300	$0.00	2,300	D

Explanation of Responses:

1. 33.33% of Stock Option granted may be exercised commencing 1 year from the date of the grant, an additional 33.33% commencing 2 years from the date of the grant and the remaining 33.34% commencing 3 years from the date of the grant.

Remarks:

	Lisa M. Ibarra, by Power of Attorney on behalf of Kevin Hillesland	02/25/2026
	** Signature of Reporting Person	Date
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.