12,800 stock options granted to GATX (NYSE: GATX) EVP Paul Titterton
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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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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.
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.