GATX (GATX) director receives 129 RSUs under deferred fee compensation plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GATX CORP director John McClain Holmes III acquired 129 restricted stock units (RSUs) tied to GATX common stock on May 1, 2026 under the company’s Amended and Restated Directors' Voluntary Deferred Fee Plan.
The RSUs were credited to his deferred account at a reference price of $194.9175 per share. Footnotes explain that 13 RSUs came from the plan’s dividend reinvestment feature, while 115 RSUs resulted from his election to defer his annual cash retainer and other board fees into RSUs. Each RSU represents the right to receive one GATX common share upon settlement, generally after he leaves the board. Following this award, he directly holds 4,321 shares of GATX common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Holmes John McClain III
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 129 | $194.9175 | $25K |
Holdings After Transaction:
Common Stock — 4,321 shares (Direct, null)
Footnotes (1)
- Represents additional RSUs credited to the reporting person's account under the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan ("Deferred Fee Plan") credited on the transaction date. Each RSU represents the right to receive one share of Issuer's common stock upon settlement. The RSUs are generally payable on a deferred basis in common stock at the election of the reporting person upon the reporting person's termination of service on the Issuer's board of directors. Represents (a) 13 RSUs acquired pursuant to the dividend reinvestment feature of the Deferred Fee Plan, and (b) 115 RSUs acquired under the Deferred Fee Plan resulting from the reporting person's election to defer the annual cash retainer and other cash fees payable to the reporting person in the form of RSUs under the Deferred Fee Plan.
Key Figures
RSUs granted: 129 RSUs
Reference price per share: $194.9175 per share
Shares held after transaction: 4,321 shares
+2 more
5 metrics
RSUs granted
129 RSUs
Award under Deferred Fee Plan on May 1, 2026
Reference price per share
$194.9175 per share
Value used for the 129 RSUs credited
Shares held after transaction
4,321 shares
Total GATX common stock directly held post-award
RSUs from dividend reinvestment
13 RSUs
Portion of 129 RSUs via dividend reinvestment feature
RSUs from deferred fees
115 RSUs
Portion of 129 RSUs from deferral of cash retainer and fees
Key Terms
Restricted Stock Unit, Deferred Fee Plan, dividend reinvestment feature
3 terms
Restricted Stock Unit financial
"Represents additional RSUs credited to the reporting person's account under the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Deferred Fee Plan financial
"under the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan ("Deferred Fee Plan") credited on the transaction date"
dividend reinvestment feature financial
"13 RSUs acquired pursuant to the dividend reinvestment feature of the Deferred Fee Plan"
FAQ
What insider transaction did GATX (GATX) report for John McClain Holmes III?
GATX reported that director John McClain Holmes III received 129 restricted stock units as a compensation-related award. The RSUs were credited under the company’s Directors’ Voluntary Deferred Fee Plan rather than purchased in the open market, making this a routine non-cash compensation transaction.
What is the value reference for the 129 RSUs granted to the GATX (GATX) director?
The 129 RSUs were credited at a reference price of $194.9175 per share. This price is used in the Form 4 to quantify the award’s dollar value, though the units themselves will settle in GATX common stock rather than cash when paid.
How were the 129 RSUs to the GATX (GATX) director allocated under the Deferred Fee Plan?
Footnotes show the 129 RSUs include 13 RSUs from the plan’s dividend reinvestment feature and 115 RSUs from the director’s election to defer his annual cash retainer and other cash fees into RSUs, all under the Deferred Fee Plan.