William Glenn - Nov 6, 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
Stock symbol: GBX
Transactions as of: Nov 6, 2024
Transactions value $: -$518,486
Form type: 4
Date filed: 11/8/2024, 04:06 PM
Previous filing: Oct 21, 2024

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	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	-$518K	-8K	-20.56%	$64.81	30.9K	Nov 6, 2024	Common Stock	8K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	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.
F2	The reporting person transferred into an alternative investment account the cash value of 8,000 shares of phantom stock held under the Company's deferred compensation plan. The transfer resulted in the sale of shares by the Company's deferred compensation plan on behalf of the reporting person.

Content

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.

The reporting person transferred into an alternative investment account the cash value of 8,000 shares of phantom stock held under the Company's deferred compensation plan. The transfer resulted in the sale of shares by the Company's deferred compensation plan on behalf of the reporting person.