GBX CFO reports small tax-withholding share disposition

GREENBRIER COMPANIES INC SVP and CFO Michael J. Donfris reported a routine tax-related share disposition tied to equity compensation.

Accepted by SEC EDGAR 06/18/2026 - 04:19 PM EDT

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

GREENBRIER COMPANIES INC SVP and CFO Michael J. Donfris reported a routine tax-related share disposition tied to equity compensation. On the reported date, 351 shares of Common Stock were withheld at $49.33 per share to cover tax liabilities from vesting restricted stock units, not as an open-market sale. Following this withholding, Donfris directly holds 25,596 shares of Common Stock.

Insider Trade Summary

Exercise Price or Tax Liability: 351 shares

Exercise Price or Tax Liability 1 txn

Insider Donfris Michael J

Role SVP, CFO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	351	$49.33	$17K

Holdings After Transaction: Common Stock — 25,596 shares (Direct)

Footnotes (1)

F1. Shares withheld in payment of tax liability incident to the vesting of restricted stock units.

Key Figures

Tax-withheld shares: 351 shares Withholding price: $49.33 per share Post-transaction holdings: 25,596 shares

3 metrics

Tax-withheld shares 351 shares Common Stock withheld for tax liability on RSU vesting

Withholding price $49.33 per share Value used for tax-withholding disposition

Post-transaction holdings 25,596 shares Direct GBX Common Stock held after withholding

Key Terms

restricted stock units, tax-withholding disposition, Common Stock

3 terms

restricted stock units financial

"tax liability incident to the vesting of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did GBX CFO Michael Donfris report?

Michael Donfris reported a tax-withholding disposition of 351 GBX common shares. The shares were withheld to cover tax liabilities from vesting restricted stock units, rather than sold in the open market.

Was the GBX CFO’s Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition at $49.33 per share. The shares were withheld by the company to pay taxes on vesting restricted stock units, not sold on the open market.

How many GBX shares were involved in the CFO’s tax withholding?

The Form 4 reports 351 shares of GREENBRIER COMPANIES INC Common Stock. These shares were withheld by the company to satisfy tax liabilities associated with the vesting of restricted stock units.

How many GBX shares does the CFO hold after this Form 4 transaction?

After the tax-withholding disposition, Michael Donfris directly holds 25,596 GBX common shares. This remaining position shows the transaction covered only a small portion of his total direct holdings.

What does transaction code F mean in the GBX CFO’s Form 4?

Transaction code F indicates a payment of exercise price or tax liability using securities. Here, it reflects shares withheld to cover taxes due on vesting restricted stock units, not a discretionary stock sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

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^*

Donfris Michael J

(Last)

(First)

(Middle)

C/O THE GREENBRIER COMPANIES, INC.

ONE CENTERPOINTE DRIVE, SUITE 200

(Street)

LAKE OSWEGO

OREGON

97035

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GREENBRIER COMPANIES INC [ GBX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/17/2026		F		351⁽¹⁾	D	$49.33	25,596	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares withheld in payment of tax liability incident to the vesting of restricted stock units.

	By: Kim Moore, Attorney-In-Fact For: Michael J. Donfris	06/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR