In a new SEC filing on February 14, it was revealed that Lyons, President and CEO at GATX (NYSE:GATX), executed a significant exercise of company stock options.
What Happened: Lyons, President and CEO at GATX, made a strategic move by exercising stock options for 19,300 shares of GATX as detailed in a Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission. The transaction value amounted to $1,077,229.
The latest update on Thursday morning shows GATX shares down by 0.0%, trading at $125.55. At this price, Lyons's 19,300 shares are worth $1,077,229.
About GATX
GATX Corp is a provider of railcar leasing and maintenance services. GATX operates four business segments: rail North America, rail international, and portfolio management. The rail business offers railcar leasing and maintenance, as well as asset-related, financial, and management services. The company owns and leases fleets in North America, Europe, and Asia, which consist of tank and freight railcars. Industries served to include refining and petroleum, chemicals and plastics, railroads and other transportation, mining, and food and agriculture.
Key Indicators: GATX's Financial Health
Revenue Growth: GATX displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of ...