GATX (NYSE: GATX) grants 2,600 stock options to senior VP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McManus Jennifer reported acquisition or exercise transactions in this Form 4 filing.
GATX CORP senior vice president and controller Jennifer McManus received an option grant for 2,600 shares on common stock. This 2026 nonqualified stock option was awarded at no cash cost to her and is held directly. According to the filing, 33.33% of the option becomes exercisable one year from the grant date, an additional 33.33% after two years, and the remaining 33.34% after three years. Following this award, she directly holds 3,497 shares of GATX common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McManus Jennifer
Role
Sr. VP & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 NQ Stock Option (Right to Buy) | 2,600 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2026 NQ Stock Option (Right to Buy) — 2,600 shares (Direct);
Common Stock — 3,497 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did GATX (GATX) report for Jennifer McManus?
GATX reported that senior vice president and controller Jennifer McManus received a grant of stock options covering 2,600 shares. These options give her the right to buy GATX common stock in the future, subject to a multi-year exercisability schedule described in the filing.
How many GATX stock options were granted to Jennifer McManus?
Jennifer McManus was granted options on 2,600 GATX shares. This nonqualified stock option award increases her potential future ownership in the company, complementing her existing direct holdings of GATX common stock disclosed in the same insider report.
What is the exercisability schedule for Jennifer McManus’s 2,600 GATX options?
The 2,600-share option grant becomes exercisable in three annual installments. 33.33% may be exercised one year from the grant date, another 33.33% after two years, and the remaining 33.34% after three years, aligning with a typical multi-year vesting structure.
Does the GATX Form 4 show any stock sales by Jennifer McManus?
The Form 4 shows an acquisition through a stock option grant but no reported stock sales. The key transaction is the award of a nonqualified option covering 2,600 shares, which adds to her equity-based compensation position with GATX CORP.