GATX director awarded 115 RSUs in fee deferral
GATX CORP director Robert S. Wetherbee reported an acquisition of 115 restricted stock units (RSUs) tied to the company’s common stock.
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Rhea-AI Filing Summary
GATX CORP director Robert S. Wetherbee reported an acquisition of 115 restricted stock units (RSUs) tied to the company’s common stock. The RSUs were credited on the director’s account at a reference value of $194.9175 per unit, bringing his directly held common stock-related position to 1,515 shares-equivalent following the transaction. According to the company’s Amended and Restated Directors' Voluntary Deferred Fee Plan, these RSUs were received in lieu of the annual cash retainer and other cash fees, and will generally be settled in common stock on a deferred basis after his service on the board ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 115 | $194.9175 | $22K |
Footnotes (2)
- F1. 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.
- F2. Represents 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
Key Terms
Restricted Stock Units (RSUs) financial
Directors' Voluntary Deferred Fee Plan financial
annual cash retainer financial
FAQ
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What did GATX (GATX) director Robert S. Wetherbee report in this Form 4?
How were the 115 RSUs for GATX (GATX) director Wetherbee determined?
What is the value reference per RSU in GATX (GATX) director Wetherbee’s Form 4?
When will GATX (GATX) director Wetherbee’s RSUs be settled into common stock?
Does GATX (GATX) director Wetherbee’s Form 4 involve any stock sales?
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