Director Robert S. Wetherbee filed a Form 4 with the SEC on November 4, 2026, disclosing the acquisition of 128 shares of phantom stock and RSUs in GATX Corp (NYSE:GATX) on November 2, 2026.

Key Highlights

  • Transaction date: November 2, 2026, with 128 shares of phantom stock/RSUs acquired under GATX director deferred compensation plans.
  • Price per share: $180.605, as reported in the filing.
  • Breakdown of shares acquired: 4 shares credited via dividend reinvestment under the Phantom Stock Plan and Deferred Fee Plan, and 124 RSUs acquired under the Deferred Fee Plan from the reporting person's election to defer cash retainer and other fees.
  • Resulting ownership: Following the transaction, Wetherbee directly beneficially owned 1,774 shares of GATX common stock (in phantom stock/RSU form).
  • Nature of securities: Each phantom stock unit or RSU represents the right to receive one share of GATX common stock upon settlement, generally payable upon termination of board service.
  • Transaction code: "A" (acquisition), with no derivative securities reported in Table II.

GATX Director Wetherbee Adds Phantom Stock and RSUs Through Deferred Fee Election

According to the filing, Robert S. Wetherbee, a director of GATX Corp, acquired a total of 128 shares of phantom stock and RSUs on November 2, 2026. The acquisition occurred under two plans: the Amended and Restated GATX Directors' Phantom Stock Plan and the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan. The filing states that the transaction was coded "A," denoting an acquisition, at a price of $180.605 per share.

The filing explains that the 128 shares consist of two components. Four shares represent phantom stock/RSUs credited through the dividend reinvestment feature of the two plans. The remaining 124 RSUs were acquired under the Deferred Fee Plan as a result of Wetherbee's election to receive his annual cash retainer and other cash fees in the form of RSUs rather than cash. According to the filing, each phantom stock unit or RSU "represents the right to receive one share of Issuer's common stock upon settlement," and the shares are "generally payable on a deferred basis in common stock at the election of the reporting person upon the reporting person's termination of service on the Issuer's board of directors."

Following the reported transaction, Wetherbee's direct beneficial ownership stood at 1,774 shares, as stated in the filing. The Form 4 was signed by Lisa M. Ibarra by power of attorney on behalf of Robert S. Wetherbee and was filed on November 4, 2026. No derivative securities were reported in Table II of the filing.

What Was Disclosed

GATX Corp director Robert S. Wetherbee disclosed the acquisition of 128 phantom stock/RSUs on November 2, 2026, at $180.605 per share under two GATX director deferred compensation plans, bringing his total direct beneficial ownership to 1,774 shares.