Greenbrier's Finance Chief Adjusts Holdings Through Tax-Related Share Transfer

Rhea-AI Filing Summary

Form 4 Filing Details - Insider Transaction at Greenbrier Companies (GBX)

On June 17, 2025, Michael J. Donfris, SVP and CFO of Greenbrier Companies, reported a disposition of 351 shares of Common Stock at a price of $45.68 per share. The transaction was coded as 'F', indicating shares were withheld for tax payments related to the vesting of restricted stock units.

Following the transaction, Donfris maintains direct beneficial ownership of 17,032 shares of Common Stock. The filing was submitted by Kim Moore as Attorney-In-Fact on June 18, 2025.

This routine transaction represents tax withholding upon RSU vesting and does not indicate a discretionary sale by the insider.

Insider Trade Summary

Net Seller: 351 shares

Net Sell 1 txn

Insider Donfris Michael J

Role SVP, CFO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	351	$45.68	$16K

Holdings After Transaction: Common Stock — 17,032 shares (Direct)

Footnotes (1)

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 06/18/2025 - 05:35 PM Learn about SEC filing dates

FAQ

What insider transaction occurred at GBX on June 17, 2025?

On June 17, 2025, Michael J. Donfris, SVP and CFO of Greenbrier Companies (GBX), disposed of 351 shares of Common Stock at a price of $45.68 per share. The shares were withheld for tax liability purposes related to the vesting of restricted stock units.

How many GBX shares does CFO Michael Donfris own after the June 2025 transaction?

Following the reported transaction, Michael J. Donfris directly owns 17,032 shares of Greenbrier Companies (GBX) Common Stock.

What was the purpose of GBX CFO's stock disposition in June 2025?

The disposition was not a direct sale - the shares were withheld by the company to cover tax liability resulting from the vesting of restricted stock units (RSUs). This is a common practice for handling tax obligations related to equity compensation.

What position does Michael Donfris hold at GBX according to the Form 4?

Michael J. Donfris serves as Senior Vice President (SVP) and Chief Financial Officer (CFO) of The Greenbrier Companies, Inc. (GBX), as indicated in the Form 4 filing.

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 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025

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	06/17/2025		F		351(1)	D	$45.68	17,032	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:

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	06/18/2025
	** 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.