Director James B. Ream of GATX Corp filed a statement of changes in beneficial ownership on November 4, 2026, reporting the acquisition of 169 shares of phantom stock/RSUs credited to his account on November 2, 2026, through the dividend reinvestment feature of two GATX director compensation plans.

Key Highlights

  • Reporting person: James B. Ream, identified as a director of GATX Corp (NYSE:GATX)
  • Transaction date: November 2, 2026, with the filing submitted November 4, 2026
  • Shares acquired: 169 shares of phantom stock/RSUs credited via the dividend reinvestment feature of the Phantom Stock Plan and the Deferred Fee Plan
  • Price per unit: $180.605, as reported in the filing
  • Post-transaction holdings: 49,639 shares of common stock beneficially owned directly following the reported transaction
  • Settlement terms: Each phantom stock/RSU unit represents the right to receive one share of GATX Corp common stock, generally payable upon termination of board service

Dividend Reinvestment Credit Under GATX Director Compensation Plans

According to the filing, the 169 phantom stock/RSU units were credited to Ream's account under two plans maintained by GATX Corp for its board members: the Amended and Restated GATX Directors' Phantom Stock Plan and the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan. GATX Corp is a railcar leasing company that provides rail transportation assets and services, and these director plans form part of its non-employee director compensation structure.

The filing states that the shares were acquired specifically through the dividend reinvestment feature of those plans, at a price of $180.605 per unit. The transaction code reported is "A," indicating acquisition. The filing further explains that each share of phantom stock/RSU "represents the right to receive one share of Issuer's common stock upon settlement," with settlement generally deferred until the reporting person's termination of service on the GATX Corp board of directors. No derivative securities were reported in Table II of the filing.

Following this transaction, Ream's total direct beneficial ownership of GATX Corp common stock, as reported in the filing, stands at 49,639 shares. The filing was signed by Lisa M. Ibarra, acting under a power of attorney on behalf of James B. Ream, on November 4, 2026.

What Was Disclosed

The filing disclosed that GATX Corp director James B. Ream acquired 169 phantom stock/RSU units on November 2, 2026, at $180.605 per unit through the dividend reinvestment feature of two GATX director plans, bringing his total direct beneficial ownership to 49,639 shares.