GATX (GATX) director granted 731 restricted stock units as annual retainer
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Arvia Anne L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 731 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 34,034 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 731 units
Grant price: $0.00 per share
Shares held after grant: 34,034 shares
3 metrics
RSU grant size
731 units
Annual equity retainer grant on April 24, 2026
Grant price
$0.00 per share
Reported transaction price for RSU award
Shares held after grant
34,034 shares
Total direct GATX common stock holdings post-transaction
Key Terms
restricted stock units, annual equity retainer, vest in full, continued service
4 terms
restricted stock units financial
"issued as restricted stock units ("RSUs") that will be settled in shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual equity retainer financial
"Represents the Reporting Person's annual equity retainer, which is issued as restricted stock units"
vest in full financial
"The RSUs will vest in full on the date of the first annual meeting of shareholders"
continued service financial
"subject to the Reporting Person's continued service through such date"
FAQ
What did GATX (GATX) director Anne L. Arvia report in this Form 4?
Anne L. Arvia reported receiving 731 restricted stock units as part of her annual equity retainer. Each RSU represents one GATX common share, awarded at no cash cost, and is a standard form of non-cash director compensation rather than an open-market share purchase.
Is the GATX (GATX) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 reflects a compensation grant, not a stock purchase. Arvia received 731 restricted stock units with a reported price of $0.00 per unit as her annual equity retainer for board service, a common non-cash element of director pay at public companies.
When do Anne L. Arvia’s GATX (GATX) restricted stock units vest?
The 731 RSUs vest in full on the date of the first annual meeting of GATX shareholders at which directors are elected following the grant date, provided Arvia continues serving as a director through that meeting. Vesting is therefore tied directly to ongoing board service.
What does each GATX (GATX) restricted stock unit in this grant represent?
Each restricted stock unit in this grant represents the right to receive one share of GATX common stock upon settlement. The units are part of an annual equity retainer for board service and will deliver actual shares when they vest after the specified shareholder meeting.