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12,800 stock options granted to GATX (NYSE: GATX) EVP Paul Titterton

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Titterton Paul F reported acquisition or exercise transactions in this Form 4 filing.

GATX CORP executive Paul F. Titterton received a grant of 12,800 stock options on 2026-02-23. These 2026 nonqualified options give him the right to buy GATX common shares in the future.

According to the terms, 33.33% of the option grant becomes exercisable one year from the grant date, another 33.33% after two years, and the remaining 33.34% after three years. Following this award, his derivative holdings reflect 12,800 options and his directly held common stock position is 10,468 shares.

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Insider Titterton Paul F
Role EVP & Pres. Rail NA
Type Security Shares Price Value
Grant/Award 2026 NQ Stock Option (Right to Buy) 12,800 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: 2026 NQ Stock Option (Right to Buy) — 12,800 shares (Direct); Common Stock — 10,468 shares (Direct)
Footnotes (1)
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Learn about SEC filing dates
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*
Titterton Paul F

(Last) (First) (Middle)
233 S. WACKER DR.

(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)
EVP & Pres. Rail NA
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 10,468 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 12,800 02/23/2027(1) 02/23/2033 Common Stock 12,800 $0.00 12,800 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 Paul F. Titterton 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 did GATX (GATX) executive Paul F. Titterton report on this Form 4?

Paul F. Titterton reported receiving an award of 12,800 nonqualified stock options. These options give him the right to buy GATX common stock in the future and are part of his equity-based compensation as EVP & President, Rail North America.

How many GATX stock options were granted to Paul F. Titterton?

He was granted 12,800 nonqualified stock options dated 2026-02-23. The options are structured to vest over three years, allowing portions of the grant to become exercisable in stages rather than all at once.

What is the vesting schedule for Paul F. Titterton’s 12,800 GATX options?

The 12,800 options vest in three tranches. 33.33% become exercisable one year after the grant date, another 33.33% after two years, and the remaining 33.34% after three years, creating a multi-year incentive structure.

Did Paul F. Titterton buy or sell GATX shares in this filing?

The filing primarily shows an acquisition through a stock option grant, not an open-market buy or sell. It reflects 12,800 options awarded as compensation, with no reported open-market purchase or sale of GATX common stock.

How many GATX common shares does Paul F. Titterton hold after this transaction?

After the reported transactions, he directly holds 10,468 GATX common shares. This figure reflects his post-transaction common stock ownership and is separate from the 12,800 stock options awarded on the same date.

What type of security is reported in Paul F. Titterton’s GATX Form 4?

The main security reported is a 2026 nonqualified stock option labeled as a right to buy GATX common stock. The filing also updates his directly held GATX common share balance to 10,468 shares after the reported transactions.