Jeffery R. Young - 30 Jan 2025 Form 4 Insider Report for GATX CORP (GATX)

Role: SVP, Chief Tax Officer
Signature: Lisa M. Ibarra, by Power of Attorney on behalf of Jeffery R. Young
Issuer symbol: GATX
Transactions as of: 30 Jan 2025
Net transactions value: $0
Form type: 4
Filing time: 31 Jan 2025, 21:45:49 UTC
Previous filing: 28 Jan 2025
Next filing: 06 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GATX	Common Stock						7,065	30 Jan 2025	Direct
holding	GATX	Common Stock 401(k)						271	30 Jan 2025	401(k)	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	GATX	2025 NQ Stock Option (Right to Buy)	Award	$0	+2,500		$0.000000	2,500	30 Jan 2025	Common Stock	2,500	$166.19	Direct	F2

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

Explanation of Responses:

Id	Content
F1	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.
F2	33.33% of Stock Option granted may be exercised commencing 1 year from the date of the grant, an additional 33.33% commencing 2 years from the date of the grant and the remaining 33.34% commencing 3 years from the date of the grant.

Content

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.

33.33% of Stock Option granted may be exercised commencing 1 year from the date of the grant, an additional 33.33% commencing 2 years from the date of the grant and the remaining 33.34% commencing 3 years from the date of the grant.