Greenbrier CFO Donfris receives 21,254-unit stock grant
The 1,026 phantom shares are each economically equivalent to one common share and become payable in cash upon termination of employment.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Greenbrier Companies Inc. CFO Michael J. Donfris reported a grant and vesting of 21,254 restricted stock units on October 21, 2026; 2,380 shares were withheld for taxes at $37.61 per share. On October 22, he deferred receipt of 1,026 common shares and received an equal number of phantom shares; 584 shares were withheld for taxes at $37.69 per share.
Insider Trade Summary
1,026 shares exercised/converted
Exercise
5 txns
Insider
Donfris Michael J
Role
SVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Shares F3 | 1,026 | $0.00 | $0.00 |
| Exercise | Common Stock F3 | 1,026 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 584 | $37.69 | $22K |
| Grant/Award | Common Stock F1 | 21,254 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 2,380 | $37.61 | $90K |
Holdings After Transaction:
Phantom Shares — 1,026 contracts (Direct);
Common Stock — 41,513 shares (Direct)
Footnotes (3)
- F1. The reported transaction involved the reporting person's receipt of a grant of time-vesting restricted stock units under The Greenbrier Companies 2021 Stock Incentive Plan and the vesting of performance-vesting restricted stock units granted under The Greenbrier Companies 2021 Stock Incentive Plan.
- F2. Shares withheld in payment of tax liability incident to the vesting of restricted stock units.
- F3. Upon the vesting of restricted stock units, the reporting person deferred the receipt of shares of common stock and received instead an equal number of shares of phantom stock pursuant to the Company's deferred compensation plan. Each phantom share is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash upon the reporting person's termination of employment with the Company, and may be transferred by the reporting person into an alternative investment account at any time.
Key Figures
Restricted stock units granted and vested: 21,254 units
Shares withheld for taxes: 2,380 shares
Phantom shares received: 1,026 shares
+1 more
4 metrics
Restricted stock units granted and vested
21,254 units
October 21, 2026
Shares withheld for taxes
2,380 shares
October 21, 2026; $37.61 per share
Phantom shares received
1,026 shares
October 22, 2026
Shares withheld for taxes
584 shares
October 22, 2026; $37.69 per share
Key Terms
time-vesting restricted stock units, performance-vesting restricted stock units, phantom stock, deferred compensation plan
4 terms
time-vesting restricted stock units financial
"grant of time-vesting restricted stock units"
performance-vesting restricted stock units financial
"vesting of performance-vesting restricted stock units"
Performance-vesting restricted stock units are a form of employee pay where future company shares are granted only if the business meets specific targets, such as revenue, profit, or stock-price goals. Think of them as a bonus you earn only when certain milestones are hit; for investors they matter because they can increase the number of shares outstanding if goals are met and they reveal how management is being motivated to hit particular financial or operational objectives.
phantom stock financial
"received instead an equal number of shares of phantom stock"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
deferred compensation plan financial
"pursuant to the Company's deferred compensation plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did Greenbrier (GBX) CFO Michael J. Donfris report?
Michael J. Donfris reported a grant and vesting of 21,254 restricted stock units on October 21, 2026, and received 1,026 phantom shares on October 22 after deferring receipt of common shares. He also had 2,380 shares and 584 shares withheld for taxes on those respective dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
