Ricardo Galvan - Oct 17, 2024 Form 4 Insider Report for GREENBRIER COMPANIES INC (GBX)

Role
SVP, Operations, Maint Svcs.
Signature
By: Kim Moore, Attorney-In-Fact For: Ricardo Galvan
Stock symbol
GBX
Transactions as of
Oct 17, 2024
Transactions value $
-$92,175
Form type
4
Date filed
10/21/2024, 07:23 PM
Previous filing
Oct 18, 2024
Next filing
Oct 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GBX Common Stock Award $0 +4.05K +12.05% $0.00 37.7K Oct 17, 2024 Direct F1
transaction GBX Common Stock Tax liability -$67.5K -1.28K -3.4% $52.64 36.4K Oct 18, 2024 Direct F2
transaction GBX Common Stock Options Exercise $0 -158 -0.43% $0.00 36.2K Oct 18, 2024 Direct F3
transaction GBX Common Stock Tax liability -$24.7K -474 -1.31% $52.09 35.8K Oct 20, 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 +158 +8.94% $0.00 1.93K Oct 18, 2024 Common Stock 158 Direct F3
* 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 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.