William Glenn - 17 Oct 2024 Form 4 Insider Report for GREENBRIER COMPANIES INC (GBX)

Role: SVP & President, Europe
Signature: By: Kim Moore, Attorney-In-Fact For: William G. Glenn
Issuer symbol: GBX
Transactions as of: 17 Oct 2024
Net transactions value: $0
Form type: 4
Filing time: 21 Oct 2024, 19:22:59 UTC
Previous filing: 18 Oct 2024
Next filing: 08 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GBX	Common Stock	Award	$0	+8,102	+24%	$0.000000	41,313	17 Oct 2024	Direct	F1
transaction	GBX	Common Stock	Options Exercise	$0	-8,398	-20%	$0.000000	32,915	18 Oct 2024	Direct	F2
transaction	GBX	Common Stock	Options Exercise	$0	-2,662	-8.1%	$0.000000	30,253	20 Oct 2024	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GBX	Phantom Shares	Options Exercise	$0	+8,398	+30%	$0.000000	36,256	18 Oct 2024	Common Stock	8,398		Direct	F2
transaction	GBX	Phantom Shares	Options Exercise	$0	+2,662	+7.3%	$0.000000	38,918	20 Oct 2024	Common Stock	2,662		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.
F2	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.

Content

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.

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.