Thomas A. Ellman - Jan 30, 2024 Form 4 Insider Report for GATX CORP (GATX)

Role
EVP & CFO
Signature
Lisa M. Ibarra, by Power of Attorney on behalf of Thomas A. Ellman
Stock symbol
GATX
Transactions as of
Jan 30, 2024
Transactions value $
-$1,040,529
Form type
4
Date filed
1/31/2024, 07:18 PM
Previous filing
Jan 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GATX Common Stock Options Exercise $1.26M +18K +50.81% $69.74 53.4K Jan 30, 2024 Direct
transaction GATX Common Stock Sale -$2.27M -17.8K -33.32% $127.53 35.6K Jan 30, 2024 Direct F1
transaction GATX Common Stock Sale -$25.6K -200 -0.56% $128.23 35.4K Jan 30, 2024 Direct F2
holding GATX Common Stock 401(k) 10.1K Jan 30, 2024 401(k) F3

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 GATX 2018 NQ Stock Option (Right to Buy) Options Exercise $0 -18K -100% $0.00* 0 Jan 30, 2024 Common Stock 18K $69.74 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average sale price. The highest price at which shares were sold was $128.1400 and the lowest price at which shares were sold was $127.1738. Information regarding the number of shares sold at each separate price will be made available from the reporting person upon request by the SEC, the issuer or its shareholders.
F2 Represents the weighted average sale price. The highest price at which shares were sold was $128.2800 and the lowest price at which shares were sold was $128.1838. Information regarding the number of shares sold at each separate price will be made available from the reporting person upon request by the SEC, the issuer or its shareholders.
F3 GATX Corporation's 401(k) plan is a unitized stock fund made up of company stock plus short term investments. Because the fund includes more than company stock, participants hold units of the fund rather than company shares of stock. The number of units held by a participant may vary depending on the performance of the company stock, the overall stock market, and the amount of short term investments in the fund. Such a variance has caused the value of the units in the reporting person's 401(k) fund to be reduced without any actual disposition of shares.