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GATX (NYSE: GATX) grants 2,600 stock options to senior VP

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McManus Jennifer

(Last) (First) (Middle)
233 S WACKER DRIVE

(Street)
CHICAGO IL 60606

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GATX CORP [ GATX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. VP & Controller
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 3,497 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
2026 NQ Stock Option (Right to Buy) $196.4 02/23/2026 A 2,600 02/23/2027(1) 02/23/2033 Common Stock 2,600 $0.00 2,600 D
Explanation of Responses:
1. 33.33% of Stock Option granted may be exercised commencing 1 year from the date of the grant, an additional 33.33% commencing 2 years from the date of the grant and the remaining 33.34% commencing 3 years from the date of the grant.
Remarks:
Lisa M. Ibarra, by Power of Attorney on behalf of Jennifer McManus 02/25/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many GATX common shares does Jennifer McManus hold after this filing?

After the reported transactions, Jennifer McManus directly holds 3,497 shares of GATX common stock. This figure reflects her direct ownership of common shares, separate from the newly granted 2,600-share nonqualified stock option award reported in the same filing.

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.
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