William Glenn - 22 Oct 2025 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: 22 Oct 2025
Net transactions value: $0
Form type: 4
Filing time: 24 Oct 2025, 19:40:49 UTC
Previous filing: 20 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Glenn William	SVP & President, Europe	C/O THE GREENBRIER COMPANIES, INC., ONE CENTERPOINTE DRIVE, SUITE 200, LAKE OSWEGO	By: Kim Moore, Attorney-In-Fact For: William G. Glenn	24 Oct 2025	0001406328

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GBX	Common Stock	Award	$0	+9,170	+48%	$0.000000	28,325	22 Oct 2025	Direct	F1

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	Award	$0	+25,052	+83%	$0.000000	55,068	22 Oct 2025	Common Stock	25,052		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, and may be transferred by the reporting person into an alternative investment account at any time.

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, and may be transferred by the reporting person into an alternative investment account at any time.