GATX director receives 731-share RSU equity award
GATX CORP director Anne L. Arvia received an equity award of 731 restricted stock units as part of her annual equity retainer.
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Rhea-AI Filing Summary
GATX CORP director Anne L. Arvia received an equity award of 731 restricted stock units as part of her annual equity retainer. These RSUs will each convert into one share of GATX common stock when they settle. The award is compensation, not an open-market stock purchase.
The RSUs vest in full on the date of the first annual shareholder meeting at which directors are elected following the grant date, as long as she continues to serve as a director through that date. After this grant, she directly holds 34,034 shares of GATX common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 731 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the Reporting Person's annual equity retainer, which is issued as restricted stock units ("RSUs") that will be settled in shares of the Issuer's common stock. Each RSU represents the right to receive one share of common stock. The RSUs will vest in full on the date of the first annual meeting of shareholders of the Company at which directors are elected following the Grant Date, subject to the Reporting Person's continued service through such date.
Key Figures
Key Terms
restricted stock units financial
annual equity retainer financial
vest in full financial
continued service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GATX (GATX) director Anne L. Arvia report in this Form 4?
Is the GATX (GATX) Form 4 transaction a stock purchase or a compensation grant?
When do Anne L. Arvia’s GATX (GATX) restricted stock units vest?
What does each GATX (GATX) restricted stock unit in this grant represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.