GATX Corp (ticker: GATX) director awarded 731 RSUs as equity retainer
Rhea-AI Filing Summary
REAM JAMES B reported acquisition or exercise transactions in this Form 4 filing.
GATX Corp director James B. Ream received a grant of 731 restricted stock units as his annual equity retainer. The award is effectively priced at $0.00 per share because it is compensation, not a market purchase. Each RSU represents one share of GATX common stock.
The RSUs vest in full on the date of the first annual shareholders’ meeting at which directors are elected following the grant, as long as Ream continues serving through that date. He elected to defer receipt of the common shares issuable upon settlement of these RSUs under GATX’s Directors’ Voluntary Deferred Fee Plan. After this grant, his directly held common stock position reported in the filing is 49,137 shares.
Positive
- None.
Negative
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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. The Reporting Person elected to defer receipt of the shares of common stock issuable upon settlement of the RSUs under the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
annual equity retainer financial
vest in full financial
Directors' Voluntary Deferred Fee Plan financial
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