William Glenn - 13 Feb 2025 Form 4 Insider Report for GREENBRIER COMPANIES INC (GBX)

Signature
By: Kim Moore, Attorney-In-Fact For: William G. Glenn
Issuer symbol
GBX
Transactions as of
13 Feb 2025
Net transactions value
-$731,274
Form type
4
Filing time
18 Feb 2025, 19:37:51 UTC
Previous filing
08 Nov 2024
Next filing
20 Oct 2025

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 $731,274 -12,000 -39% $60.94 18,918 13 Feb 2025 Common Stock 12,000 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 12,000 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.