GBX (GBX) CFO Donfris has shares withheld to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Donfris Michael J
Role
SVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 351 | $49.33 | $17K |
Holdings After Transaction:
Common Stock — 25,596 shares (Direct, null)
Footnotes (1)
- [object Object]
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
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.
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.