[Form 4] The Greenbrier Companies, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Antonio O. Garza, a director of The Greenbrier Companies (GBX), reported an acquisition of common stock on 08/07/2025. The Form 4 shows the transaction coded A (acquisition) and lists the reported price as $0.0. Following the reported transaction, Mr. Garza's direct beneficial ownership is 23,714 shares of common stock.

Positive

• Director Antonio O. Garza increased direct ownership to 23,714 shares following an acquisition on 08/07/2025

Negative

• None.

Insights

Financial Analyst

TL;DR: Director purchase recorded; size likely modest for most investors and presents limited standalone valuation impact.

The Form 4 discloses a director acquisition of 23,714 shares on 08/07/2025, reported as a direct holding. Transaction code 'A' confirms an acquisition and the reported price is $0.0, which is explicitly stated on the filing. Absent company valuation context or comparative insider activity, this single purchase is informative on insider behavior but not, by itself, materially transformative for the company's capital structure or market capitalization.

Corporate Governance Expert

TL;DR: Insider acquisition is a governance signal of insider involvement but lacks additional details to assess materiality.

The filing identifies Antonio O. Garza as a director and shows direct beneficial ownership of 23,714 shares after the acquisition dated 08/07/2025. The explicit reporting of the transaction on Form 4 meets Section 16 disclosure requirements. The filing does not provide context on whether the $0.0 price represents a grant, gift, or clerical entry; therefore, governance implications are limited to the observable fact of increased director ownership.

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
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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^*

Garza Antonio O

(Last) (First) (Middle)

C/O THE GREENBRIER COMPANIES, INC.

ONE CENTERPOINTE DRIVE, SUITE 200

(Street)

LAKE OSWEGO OR 97035

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

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	08/07/2025		A		17	A	$0.0	23,714	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

Explanation of Responses:

	By: Kim Moore, Attorney-In-Fact For: Antonio O. Garza	08/11/2025
	** 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 Antonio O. Garza report on Form 4 for GBX?

He reported an acquisition of common stock on 08/07/2025, resulting in direct beneficial ownership of 23,714 shares.

What transaction code is shown on the GBX Form 4 filed for Antonio O. Garza?

The Form 4 shows transaction code 'A', which indicates an acquisition.

What price was reported for the GBX transaction on the Form 4?

The filing lists the reported price as $0.0 for the transaction.

Is the reported ownership direct or indirect for Antonio O. Garza?

The Form 4 indicates direct (D) beneficial ownership of the reported shares.

Which issuer and ticker are involved in this Form 4 filing?

The issuer is The Greenbrier Companies, Inc. trading under the ticker GBX.