Common Stock

Common Stock

Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 8/8/2023.

This transaction was executed in multiple trades at prices ranging from $1,154.70 to $1,155.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,155.70 to $1,156.66. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,156.75 to $1,157.71. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,157.75 to $1,158.6562. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,158.840 to $1,159.55. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,159.85 to $1,160.72. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,161.011 to $1,161.9989. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,162.01 to $1,163.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,163.01 to $1,163.7559. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,164.02 to $1,164.85. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,165.0675 to $1,166.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,166.4147 to $1,167.33. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,167.56 to $1,168.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,168.6825 to $1,169.4656. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,169.77 to $1,170.6855. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,170.7922 to $1,171.6689. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,171.8654 to $1,172.3122. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,172.9189 to $1,173.85. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,174.00 to $1,174.83. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

This transaction was executed in multiple trades at prices ranging from $1,176.00 to $1,176.95. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

As Trustee of the Hastings-Quillin Family Trust

Veronique Bourdeau, Authorized Signatory For: Reed Hastings


ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.

Represents a grant of restricted shares of common stock pursuant to the Issuer's Third Amended and Restated Equity Incentive Plan that will vest upon the earlier to occur of (i) one year after the date of grant, (ii) the day immediately before the first annual meeting of stockholders of the Issuer at which members of the Issuer's board of directors are to be elected that occurs after the date of grant, (iii) the date of termination of service due to death or permanent and total disability or (iv) immediately before and contingent upon a change of control.


Common Stock

Common Stock

Represents shares automatically sold by the Company on behalf of the Reporting Person pursuant to a mandatory sell-to-cover provision in the RSU award agreement required to cover minimum statutory tax withholding obligations that became due upon the RSU vesting event.

Includes 127 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).

The original RSU grant was for 3,231 shares on 7/31/2024. Subject to continuing service with the Company, the restricted stock units shall vest as follows: one-third (1/3) shall vest on the first year anniversary of the date of the grant; an additional one-third (1/3) shall vest on the second year anniversary of the date of the grant; and the final one-third (1/3) shall vest on the third year anniversary of the date of grant.

The original RSU grant was for 5,975 shares on 7/31/2024. Subject to continuing service with the Company, the restricted stock units shall vest as follows: one-third (1/3) shall vest on the first year anniversary of the date of the grant; an additional one-third (1/3) shall vest on the second year anniversary of the date of the grant; and the final one-third (1/3) shall vest on the third year anniversary of the date of grant.


Class A Common Stock

This transaction reflects the issuance of shares following the vesting of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive a share of Class A Common Stock of the Issuer,
generally subject to the reporting person's continued service. One-third of the RSUs vested on August 1, 2025, one-third of the RSUs will vest on August 1, 2026 and one-third of the RSUs will vest on August 1, 2027.

/s/ Emma Barnett Bauman, Attorney-in-Fact


Shares were sold by the Company to satisfy tax withholding obligations related to vesting of restricted stock units granted on July 30, 2021.

/s/ Cristin Rothfuss, as Attorney-in-Fact for Ryan Ho-Yan Wong


Ending balance includes 27 shares acquired on February 17, 2025 through the Company's qualified ESPP program.

/s/ Saria Tseng, attorney-in-fact for Mr. Deming Xiao


The transaction was conducted under a Rule 10b5-1 plan adopted February 28, 2025.

Michael J. Rider, Global General Counsel and Secretary


The reporting person acquired the reported shares directly from the issuer as closing date consideration for the previously announced acquisition of VICE CRM LLC, a Massachusetts limited liability company.


This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on November 26, 2024.

The sale prices for this transaction ranged from $147.08 to $148.075.  The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

The sale prices for this transaction ranged from $148.095 to $149.07.  The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

The sale prices for this transaction ranged from $149.18 to $150.045.  The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

The sale prices for this transaction ranged from $150.1050 to $150.6250.  The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

Includes 94 shares acquired under the Company's Employee Stock Purchase Plan on July 31, 2025.

By: David Zuckerman, Attorney-in-Fact For: Akash J. Palkhiwala


The price reported in Table I, Column 4 is a weighted average price.  These shares were purchased in multiple transactions at prices ranging from $46.66 to $47.24.  The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.

In connection with the spin-off of Ralliant Corporation by the Issuer, outstanding Restricted Stock Units ("RSUs"), including RSUs previously granted to the Reporting Person, were subject to anti-dilution adjustments ("Anti-Dilution Adjustment").  To the extent that the outstanding RSUs granted to the Reporting Person were previously reported under Table I, the total number of shares reported include the additional RSUs held by the Reporting Person as a result of the Anti-Dilution Adjustment.


Common Stock

Common Stock

Common Stock

Common Stock

Common Stock

Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock. Pursuant to the Issuer's Deferred Compensation Plan, the reporting person's spouse became entitled to receive a cash payment in settlement of the reporting person's spouse's phantom stock based on the Issuer's closing market price on July 31, 2025.

Each restricted stock unit represents a contingent right to receive one share of the underlying common stock.

Represents shares of common stock withheld to satisfy the reporting person's spouse's tax obligation.

The reporting person's spouse retired from the Issuer on January 31, 2025. Corresponding shares of the Issuer's common stock underlying vested restricted stock units are being delivered to the reporting person's spouse following the six-month delay required under Section 409A of the Internal Revenue Code following the reporting person's spouse's retirement. All other unvested restricted stock units were forfeited as a result of the reporting person's spouse's retirement.


Barry J. Renbaum and his wife, Carol E. Renbaum, own the 321,472 shares of common stock referenced in Item 2 of Table 1 as joint tenants. Accordingly, each said spouse individually and directly owns an indivisible beneficial interest in the whole of the referenced shares and with it share co-equal rights to vote and dispose of said shares.


These shares represent the number of shares of Class A Common Stock withheld by the issuer to satisfy the reporting person's tax withholding obligation in connection with the vesting of Restricted Stock Units.

The Form 4 for this reporting person, filed on May 5, 2025, inadvertently understated the number of shares held by the reporting person by 5,475 shares. This Form 4 corrects such error by increasing the number of shares held by the reporting person by such 5,475 shares.

/s/ Enrique Colbert, Attorney-In-Fact for Diana Frost


Consists of fully-vested restricted stock units, which will be settled in shares of the Issuer's common stock within 45 days following the earliest to occur of: (i) the director's separation from service; (ii) a change in control of the Issuer; (iii) the director's death; or (iv) the director's disability.


Irrevocable Trust FBO Theodore F. Blegen

/s/ Saria Tseng, attorney-in-fact for Mr. Bernie Blegen


These shares represent an award of restricted stock units (Total RSUs). 12.5% of the Total RSUs will vest on January 1, 2026 and 12.5% of the Total RSU will vest each date that is 6 (six) months thereafter until fully vested, subject to the Recipient's continued service through each applicable vest date.

Includes 353 shares of common stock that were purchased on July 31, 2025 under the PDF Employee Stock Purchase Plan

/s/ Adnan Raza, Attorney-in-Fact for Andrzej Strojwas


/s/ James L. Brat as Attorney-in-Fact for Toni Steele


The sale reported in this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 19, 2024.

Includes shares to be issued in connection with the vesting of one or more restricted stock units.

Shares are held by the Kleinerman 2020 Dynasty LLC for which the Reporting Person is the manager and the Reporting Person's immediate family members are the beneficiaries.

Shares are held by the Christian Kleinerman 2022 Grantor Retained Annuity Trust dated June 24, 2022 for which the Reporting Person is the trustee.

Shares are held by the Christian Kleinerman 2023 Grantor Retained Annuity Trust dated September 1, 2023 for which the Reporting Person is the trustee.

Shares are held by the Christian Kleinerman 2024 Grantor Retained Annuity Trust dated December 20, 2024 for which the Reporting Person is the trustee.


CLASS A COMMON STOCK

CLASS A COMMON STOCK

Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment.

The RSUs were granted and vested in full on July 31, 2025, however the award has not yet been settled.

The RSUs vest on August 31, 2025, subject to the Reporting Person's continued service with the Issuer through the vesting date.

/s/ Tracy D. Daw, as Attorney-in-Fact for Michael C. Lunsford


Common Stock

Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").

The RSUs are fully vested upon grant and immediately exercisable. The RSUs do not have a set expiration date.


The sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 27, 2024.

The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $208.000 to $209.000, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Shares held by a trust of which the Reporting Person is a Trustee. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein.

The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $209.010 to $209.470, inclusive.

Includes shares to be issued in connection with the vesting of one or more restricted stock units. The Reporting Person shares pecuniary interest in these shares with other parties pursuant to contractual relationships. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest in these shares.

Shares held by a limited partnership of which the Reporting Person is a trustee of a trust which is the general partner. The Reporting Person disclaims beneficial ownership in these shares except as to the Reporting Person's pecuniary interest therein.


Common Stock

The exercise and sales reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 26, 2025.

Includes shares to be issued in connection with the vesting of one or more restricted stock units.

The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $225.000 to $225.970, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in these footnotes.

The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $226.020 to $227.010, inclusive.

The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $227.020 to $228.000, inclusive.

The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $228.020 to $229.000, inclusive.

The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $229.075 to $229.180, inclusive.

The shares are held by Invisible Hand Ventures, LLC, of which the Reporting Person is the manager and has sole voting and dispositive power.

The shares are held by the Slootman Family Foundation dated 11/24/2010 for which the Reporting Person is deemed to have voting and investment power over the shares held by the Slootman Family Foundation, but has no personal pecuniary interest in these shares.

The shares are held by the Slootman Living Trust dated 9/8/1999 for which the Reporting Person is a trustee.

The shares are held by the Slootman 2023 Grantor Retained Annuity Trust dated 9/25/23 for which the Reporting Person is a trustee.

The shares are held by the F. Slootman 2024 Grantor Retained Annuity Trust dated 12/3/2024 for which the Reporting Person is the trustee.

The shares are held by the B. Slootman 2024 Grantor Retained Annuity Trust dated 12/3/2024 for which the Reporting Person's spouse is the trustee.

The shares are held by the Slootman Grandchildren's Trust dated 7/28/2022 for which the Reporting Person is a trustee.

The stock option is fully vested.


The number Shares owned by the Reporting Person is reflective of a 1-for-15 reverse stock split effected by the Issuer on July 7, 2025 (the "Reverse Stock Split").

Due to an inadvertent ministerial error, the Form 4 filed by the Reporting Person on February 28, 2025 reported beneficial ownership of 354,738 shares of the Issuer's Series D Convertible Preferred Stock which had already been converted into 162,588 shares of Common Stock (after giving effect to the Reverse Stock Split) as of such date.

This filing constitutes an exit filing for the Reporting Person, as the Reporting Person is no longer subject to Section 16 of the Exchange Act as a result of the sale described above.


Common Stock

Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").

The RSUs are fully vested upon grant. In addition, the RSUs are only permitted to be redeemed upon the reporting person ceasing to be a director of the Company. Redemption requirements are detailed within the Omnibus plans incorporated by reference within our latest filed 10-K.


Common Stock


Common Stock

The RSUs are fully vested upon grant and immediately exercisable. The RSUs do not have a set expiration date.


Non-Qualified Stock Option (right to buy)

Common Stock

/s/ Frederic D. Fenton Authorized Signatory for Jay C. Hoag


The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2024.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.485 to $21.105, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.


Represents a transfer to a revocable trust. The reporting person is the trustee of the revocable trust, and members of the reporting person's immediate family are the sole beneficiaries of the revocable trust.

/s/Enrique Colbert, Attorney-In-Fact for Fiona Tan


Common Stock

This represents a restricted stock unit award granted on August 9, 2022 that vested 25% of the shares subject to such award `on June 30, 2023. The remaining 75% of the shares subject to such award vest in substantially equal installments on each monthly anniversary of June 30, 2023 during the three-year period thereafter.

Not applicable for Restricted Stock Units.

/s/ John Saia, as attorney-in-fact for Steve Krognes


Class A Common Stock

Class A Common Stock

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

The prices reported in Column 4 are weighted average prices.  These shares were sold in multiple transactions at prices ranging from $408.00-$408.89, inclusive (weighted average of $408.6369); $409.00-$409.99, inclusive (weighted average of $409.3894); $411.13-$412.08, inclusive (weighted average of $411.8091); and $412.23-$412.89, inclusive (weighted average of $412.5039), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Reflects the conversion of Class A Common Units ("Class A Units") of Carvana Group, LLC ("Carvana Group") owned directly by Ernest C. Garcia II into shares of Class A Common Stock ("Class A Shares") of the Issuer pursuant to the Exchange Agreement, dated April 27, 2017, by and among the Issuer, Carvana Co. Sub LLC, Carvana Group and the members of Carvana Group (the "Exchange Agreement").

The prices reported in Column 4 are weighted average prices.  These shares were sold in multiple transactions at prices ranging from $365.11-$366.08, inclusive (weighted average of $365.48); $366.12-$367.07, inclusive (weighted average of $366.7068); $367.12-$368.11, inclusive (weighted average of $367.6197); $368.12-$369.11, inclusive (weighted average of $368.651); $369.12-$370.11, inclusive (weighted average of $369.6276); $370.12-$371.11, inclusive (weighted average of $370.5534); $371.14-$372.13, inclusive (weighted average of $371.7053); $372.14-$373.136, inclusive (weighted average of $372.7152); $373.1591-$374.07, inclusive (weighted average of $373.4409), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

Reflects the cancellation for no consideration of Class B Common Stock of the Issuer ("Class B Shares") in connection with the conversion of Class A Units into Class A Shares. Following the reported transaction, the remaining Class B Shares are owned directly by Ernest C. Garcia II.

The prices reported in Column 4 are weighted average prices.  These shares were sold in multiple transactions at prices ranging from $374.1832-$375.1795, inclusive (weighted average of $374.768); $375.23-$376.18, inclusive (weighted average of $375.7024); $376.24-$377.01, inclusive (weighted average of $376.6546); $377.48-$378.35, inclusive (weighted average of $377.7584); $378.51-$379.49, inclusive (weighted average of $378.7135); and $380.70-$380.98, inclusive (weighted average of $380.84), respectively. The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

These Class B Shares are owned directly by ECG II SPE, LLC ("E-SPE"), an entity which Mr. Garcia wholly owns and controls.

These Class A Units are owned directly by E-SPE and are exchangeable for 0.8 Class A Shares pursuant to the Exchange Agreement.


The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person for the benefit of the reporting person's relatives on December 13, 2024.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.00 to $122.99, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

These shares are held in trust for the benefit of the children of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.00 to $123.915, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.01 to $124.365, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.50 to $125.80, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The exercises and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2024.

These shares are held by a family trust for which the reporting person is co-trustee.

These shares are held in trust for the benefit of relatives of the reporting person for which the reporting person serves as co-trustee.  The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.

By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Jayshree Ullal


Class A Common Stock

Class A Common Stock

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest C. Garcia II and Elizabeth Joanne Garcia on December 13, 2024.

The prices reported in Column 4 are weighted average prices.  These shares were sold in multiple transactions at prices ranging from $383.45-$384.44, inclusive (weighted average of $384.1373); $384.46-$385.45, inclusive (weighted average of $385.1565); $385.46-$386.43, inclusive (weighted average of $385.8354); $386.485-$387.48, inclusive (weighted average of $386.9878); $387.54-$388.5163, inclusive (weighted average of $388.0722); $388.54-$389.52, inclusive (weighted average of $389.0481); $389.54-$390.53, inclusive (weighted average of $390.0059); $390.55-$391.53, inclusive (weighted average of $390.9919); $391.56-$392.50, inclusive (weighted average of $392.1065); $392.59-$393.585, inclusive (weighted average of $393.0964); $393.64-$394.625, inclusive (weighted average of $394.1219); and $394.64-$395.63, inclusive (weighted average of $395.1366), respectively.

The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

The prices reported in Column 4 are weighted average prices.  These shares were sold in multiple transactions at prices ranging from $395.64-$396.60, inclusive (weighted average of $396.0428); $396.64-$397.625, inclusive (weighted average of $397.078); $397.70-$398.69, inclusive (weighted average of $398.2013); $398.70-$399.64, inclusive (weighted average of $399.1318); $399.73-$400.72, inclusive (weighted average of $400.3673); $400.7444-$401.73, inclusive (weighted average of $401.1731); $401.7595-$402.75, inclusive (weighted average of $402.1832); $402.79-$403.7588, inclusive (weighted average of $403.3181); $403.8147-$404.8144, inclusive (weighted average of $404.3315); $404.83-$405.7962, inclusive (weighted average of $405.18); $405.85-$406.8392, inclusive (weighted average of $406.246); and $406.9175-$407.86, inclusive (weighted average of $407.3257), respectively.

Reflects the cancellation for no consideration of Class B Common Stock of the Issuer ("Class B Shares") in connection with the conversion of Class A Units into Class A Shares. Following the reported transaction, the remaining Class B Shares are owned directly by Ernest C. Garcia II.


Common Stock

Common Stock

Common Stock

The warrants are exercisable for a period of five years. The warrants will vest over a period of 24 months starting six months from the issue date in four equal instalments (being 25% every six months), subject to Mr. Geraci being employed by Mill City Ventures III, LP at each respective vesting date. Notwithstanding the foregoing, in the event that Mr. Geraci is terminated other than for cause or resigns for good reason (as defined in the individual's employment agreement), the vesting of all of such warrants will immediately accelerate and be fully vested as of the date of such termination.


Common Stock

Common Stock

Common Stock

The warrants are exercisable for a period of five years. The warrants will vest over a period of 24 months starting six months from the issue date in four equal instalments (being 25% every six months), subject to Mr. Polinsky being employed by Mill City Ventures III, LP at each respective vesting date. Notwithstanding the foregoing, in the event that Mr. Polinsky is terminated other than for cause or resigns for good reason (as defined in the individual's employment agreement), the vesting of all of such warrants will immediately accelerate and be fully vested as of the date of such termination.


This restricted stock award is granted pursuant to Tesla, Inc.'s 2019 Equity Incentive Plan and will be delivered upon termination or expiration of the waiting period (and any extension thereof) applicable under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The restricted stock award will vest on August 3, 2027, subject to satisfaction of certain conditions.

Represents purchase price payable unconditionally upon vesting of this restricted stock award.

The Elon Musk Revocable Trust dated July 22, 2003, for which the Reporting Person is the trustee.

By: Aaron Beckman by Power of Attorney For: Elon Musk


The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2024.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.395 to $9.755 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Includes 160 shares held by certain immediate family members of the reporting person for which the reporting person disclaims beneficial ownership except as to the reporting person's indirect pecuniary interest therein, if any. The remaining shares are held by an entity or entities in which the reporting person retains investment power over such shares.


Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.

Manisha Merchant, by POA for Joann Yeung


Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of the Reporting Person's equity awards, previously reported on a Form 3, and does not represent a sale by the Reporting Person.

Chief Financial Officer, Chief Operating Officer and Director

/s/ Maximilian Jo, as Attorney-in-Fact for David J. Lee


Common stock

Common stock

The reported transactions were completed pursuant to a trading plan entered into by Mr. Lucareli on November 7, 2024 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

This total includes 971 units of Modine common stock held in the Reporting Person's Modine 401(k) Retirement Plan account.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.00 to $126.93, inclusive. The reporting person undertakes to provide to Modine Manufacturing Company, any security holder of Modine Manufacturing Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) through (10) to this Form 4.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.84 to $128.00, inclusive.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.47 to $127.13, inclusive.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.70 to $128.69, inclusive.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.70 to $129.69, inclusive.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $129.70 to $130.67, inclusive.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.72 to $131.68, inclusive.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.73 to $132.11, inclusive.


Represents the weighted average purchase price. The shares were purchased at prices ranging from $18.495 to $18.72 per share. Full information regarding the number of shares purchased at each price shall be provided to the Staff, Issuer, or a security holder of Issuer, upon request.

Shares held by George Borba & Son Dairy, L.P., a California limited partnership, of which Reporting Person is a general partner.

Shares held by Reporting Person as custodian for his minor children, of which he disclaims beneficial ownership except to the extent of his pecuniary interest, if any therein.

Shares held by The Marital Trust under The George Borba Family Trust, of which Reporting Person is a co-trustee and disclaims beneficial ownership thereof, except to the extent of his pecuniary interest, if any, therein.

Shares held by the Borba Childrens Holding Trust, of which Reporting Person is a co-trustee and disclaims beneficial ownership thereof except to the extent of his pecuniary interest, if any, therein.


Common Stock

The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.

These shares are held in trusts, for the benefit of the reporting person's children, of which his wife is a trustee.

Each notional stock unit represents a right to receive one share of Gallagher common stock.

Portions of these notional stock units are payable to the reporting person in shares of common stock in July of 2025 and 2026 and following the reporting person's separation from service.

This report discloses the distribution of notional stock units (representing compensation previously deferred by the reporting person in the Arthur J. Gallagher & Co. Supplemental Savings and Thrift Plan) in the form of Gallagher common stock. The timing of this distribution in July 2025 is in accordance with the terms of the Supplemental Savings and Thrift Plan and the reporting person's election at the time of deferral.

/s/ Monica Norzagaray, by power of attorney


Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of the Reporting Person's restricted stock units.


Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.

Manisha Merchant, by POA for Martin Liska


DAVID AND ANNE RAINER TRUST U/A DTD 05/07/1997

Manisha Merchant, by POA for Rainer David


Represents additional RSUs credited to the reporting person's account under the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan ("Deferred Fee Plan") credited on the transaction date. Each RSU represents the right to receive one share of Issuer's common stock upon settlement. The RSUs 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.

Represents (a) 12 RSUs acquired pursuant to the dividend reinvestment feature of the Deferred Fee Plan, and (b) 147 RSUs acquired under the Deferred Fee Plan resulting from the reporting person's election to defer the annual cash retainer and other cash fees payable to the reporting person in the form of RSUs under the Deferred Fee Plan.

Lisa M. Ibarra, by Power of Attorney on behalf of John M. Holmes


By Chan Zuckerberg Initiative Foundation

Class A Common Stock

Class A Common Stock

By Mark Zuckerberg, Trustee Of The Mark Zuckerberg Trust Dated July 7, 2006

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Shares held of record by CZI Holdings, LLC ("CZI"). Mark Zuckerberg, Trustee of the Mark Zuckerberg Trust dated July 7, 2006 ("2006 Trust"), is the sole member of CZI. The reporting person is the sole trustee of the 2006 Trust and, therefore, is deemed to have sole voting and investment power over the securities held by CZI.

Shares held of record by the Chan Zuckerberg Initiative Foundation ("CZI Foundation"). The reporting person is deemed to have voting and investment power over the shares held by CZI Foundation, but has no pecuniary interest in these shares.

The sales reported were effected by CZI pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on February 1, 2025.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $750.00 to $750.96 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $751.01 to $751.41 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $752.475 to $753.46 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $753.56 to $754.54 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $754.645 to $755.63 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $755.70 to $756.62 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $757.115 to $758.02 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $758.19 to $759.095 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $759.35 to $759.74 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $760.80 to $761.60 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $763.78 to $764.40 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis (a) at the holder's option or (b) upon certain transfers of such shares and has no expiration date.

Shares held of record by Mark Zuckerberg, Trustee of the 2006 Trust.

Shares held of record by Chan Zuckerberg Holdings, LLC ("CZ Holdings"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings.

Shares held of record by CZI Holdings I, LLC ("CZI I"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZI I.

Shares held of record by Chan Zuckerberg Holdings II, LLC ("CZ Holdings II"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings II.

Shares held of record by Chan Zuckerberg Holdings III, LLC ("CZ Holdings III"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings III.

Shares held of record by CZ Management, LLC ("CZ Management"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Management.

Shares held of record by Chan Zuckerberg Holdings IV, LLC ("CZ Holdings IV"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings IV.

/s/ Erin Guldiken, attorney-in-fact for Mark Zuckerberg


Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.

Manisha Merchant, by POA for Steven E. Shelton


Manisha Merchant, by POA for Jean Carandang


Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Shares held of record by CZI Holdings, LLC ("CZI"). Mark Zuckerberg, Trustee of the Mark Zuckerberg Trust dated July 7, 2006 ("2006 Trust"), is the sole member of CZI. The reporting person is the sole trustee of the 2006 Trust and, therefore, is deemed to have sole voting and investment power over the securities held by CZI.

The sales reported were effected by CZI pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on February 1, 2025.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $766.86 to $767.495 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $771.22 to $772.00 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $772.32 to $773.31 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $773.50 to $774.47 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $774.65 to $775.54 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $775.67 to $776.54 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $776.70 to $777.66 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $777.715 to $778.52 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $778.75 to $779.73 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $779.81 to $780.77 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $780.915 to $781.80 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $782.10 to $783.00 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $783.56 to $783.74 per share. The holder undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis (a) at the holder's option or (b) upon certain transfers of such shares and has no expiration date.

Shares held of record by Mark Zuckerberg, Trustee of the 2006 Trust.

Shares held of record by Chan Zuckerberg Holdings, LLC ("CZ Holdings"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings.

Shares held of record by CZI Holdings I, LLC ("CZI I"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZI I.

Shares held of record by Chan Zuckerberg Holdings II, LLC ("CZ Holdings II"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings II.

Shares held of record by Chan Zuckerberg Holdings III, LLC ("CZ Holdings III"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings III.

Shares held of record by CZ Management, LLC ("CZ Management"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Management.

Shares held of record by Chan Zuckerberg Holdings IV, LLC ("CZ Holdings IV"), which is beneficially owned by the reporting person. The reporting person is deemed to have sole voting and investment power over the securities held by CZ Holdings IV.


Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.

/s/ Manisha Merchant, by POA for Peter Nutz


Manisha Merchant, by POA for Michele Wirfel


Common Stock

The reporting person has no voting or invesment power over these shares and disclaims beneficial ownership.

Each notional stock unit represents a right to receive one share of Gallagher common stock.

Portions of these notional stock units are payable to the reporting person in shares of common stock in July of 2024, 2025, 2026, 2028 and 2029 and following the reporting person's separation from service.

This report discloses the distribution of notional stock units (representing equity compensation previously deferred by the reporting person in the Arthur J. Gallagher & Co. Supplemental Savings and Thrift Plan) in the form of Gallagher common stock. The timing of this distribution in July 2025 is in accordance with the terms of the Supplemental Savings and Thrift Plan and the reporting person's election at the time of deferral.


Manisha Merchant, by POA for Richard Hernandez


Shares were withheld to satisfy tax withholding obligations in connection with the release of shares subject to vesting


This sale was executed pursuant to a Rule 10b5-1 plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on September 6, 2024. This transaction was executed in multiple trades at prices ranging from $97.745 to $98.74 , inclusive. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request of the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

This sale was executed pursuant to a Rule 10b5-1 plan that was entered into by the Reporting Person during an open trading window and disclosed by the Issuer on Form 8-K on September 6, 2024. This transaction was executed in multiple trades at prices ranging from $98.75 to $98.83, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request of the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

/s/ Jennifer F. Rudolph, by power of attorney


The Reporting Person is the Manager of CD Financial LLC ("CDF") and a trustee of the Carl DeSantis Revocable Trust, which owns a 99% beneficial interest in CDF. CDF is the record holder of the shares of common stock of Celsius Holdings, Inc., which are the subject of this report. The Reporting Person has shared voting and dispositive power with respect to such shares.


The Reporting Person is a trustee of the Carl DeSantis Revocable Trust, which owns a 99% beneficial interest in CDF. CDF is the record holder of the shares of common stock of Celsius Holdings, Inc., which are the subject of this report. The Reporting Person has shared voting and dispositive power with respect to such shares.


The price listed is a weighted average price for all shares sold. All shares were sold for between $171.6401 and $171.73. Upon request, the reporting person will provide the Securities and Exchange Commission, WEX Inc., or any security holder of WEX Inc. with full information regarding the number of shares sold at each separate purchase price.

/s/ Andy Schwarcz as Attorney-in-Fact for Carlos Carriedo


Represents shares of the Issuer's Class A Common Stock withheld to satisfy the reporting person's tax obligation upon the vesting of 9,723 restricted stock units.


Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Shares withheld for the payment of tax liability.

These options are fully vested and immediately exercisable.

Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

These restricted stock units vest in accordance with the following schedule: 269 vested on the first anniversary of the grant date and 270 vested on the second anniversary and 270 will vest on the third anniversary of the grant date (March 6, 2023).

Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

These performance restricted stock units have a three-year performance period and to the extent earned will vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase (up to 200%) or decrease based on the results of the performance condition.

These restricted stock units vest in accordance with the following schedule: 555 vested on the first anniversary and 555 will vest on the second through third anniversaries of the grant date (March 6, 2024).

These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period.  Once earned, the performance restricted stock units will vest on March 6, 2027. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to decrease or increase (up to 200%) based on the results of the performance conditions.

These restricted stock units vest in accordance with the following schedule: 456 vest on the first anniversary of the grant date and 457 vest on the second and third anniversaries of the grant date (August 1, 2024).

These restricted stock units vest in accordance with the following schedule: 1,348 vest on the first and second anniversaries of the grant date and 1,349 vest on the third anniversary of the grant date (March 6, 2025).

These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period.  Once earned, the performance restricted stock units will vest on March 6, 2028. The number of shares of Class A Common Stock that will be earned is subject to decrease or increase (up to 200%) based on the results of the performance conditions.


Through Deerfield Private Design Fund III, L.P.

Through Deerfield Private Design Fund IV, L.P.

Through Deerfield Healthcare Innovations Fund, L.P.

This Form 4 is being filed by the undersigned as well as the entities listed on the Joint Filer Information Statement attached as an exhibit hereto (the "Reporting Persons"). Deerfield Mgmt III, L.P. is the general partner of Deerfield Private Design Fund III, L.P. ("Fund III"). Deerfield Mgmt IV, L.P. is the general partner of Deerfield Private Design Fund IV, L.P. ("Fund IV"). Deerfield Mgmt HIF, L.P. is the general partner of Deerfield Healthcare Innovations Fund, L.P. ("Deerfield HIF"). Deerfield Mgmt, L.P. is the general partner of Deerfield Partners, L.P. ("Deerfield Partners"). Deerfield Management Company, L.P. is the investment manager of Deerfield Partners, L.P., Fund III, Fund IV and Deerfield HIF (collectively, the "Funds"). James E. Flynn is the sole manager of the general partner of each of Deerfield Mgmt III, L.P., Deerfield Mgmt IV, L.P., Deerfield Mgmt HIF, L.P., Deerfield Mgmt, L.P. and Deerfield Management Company, L.P.

In accordance with Instruction 4 (b)(iv) to Form 4, the entire amount of the Issuer's securities held by the Funds is reported herein. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each Reporting Person disclaims beneficial ownership of any such securities, except to the extent of his/its indirect pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.

Jonathan S. Leff, a partner in Deerfield Management, serves as a director of the Issuer.
Jonathan Isler, Attorney-in-Fact: Power of Attorney, which is hereby incorporated by reference to Exhibit 24 to a Form 3 with regard to BiomX Inc. filed with the Securities and Exchange Commission on March 19, 2024 by Deerfield Private Design Fund V, L.P., Deerfield Healthcare Innovations Fund II, L.P., Deerfield Mgmt V, L.P., Deerfield Mgmt HIF II, L.P., Deerfield Management Company, L.P. and James E. Flynn.


The transaction reported was effected pursuant to a 10b5-1 trading plan established by the reporting person on September 10, 2024.


Surrender of shares for payment of tax withholding on release of Restricted Stock Units.

Includes 699 shares underlying Restricted Stock Units allocated but not yet vested or delivered.

/s/ Seth G. Schuknecht, attorney-in fact


Common Stock

Shares of phantom stock previously reported by the Reporting Person for director's fees earned for service in 2019, 2020, 2021, and 2022 which were deferred under the 2013 Director Deferred Compensation Plan.

Each share of phantom stock represents the right to receive one share of Dollar Tree common stock, and cash for any fractional shares.

Shares of phantom stock are payable in common stock following the earlier of the director's separation from the Board or the specified date of distribution pursuant to the director's deferral election.

/s/ John S. Mitchell, Jr., attorney-in-fact for Ms. Stahl


Common Stock, par value $0.0001 per share ("Common Stock")

By the Solomon Ascher Hochman 2019 Trust

These shares were purchased in an underwritten public offering of the Issuer at the public offering price of $2.75 per share.


Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.

/s/ Ido Dotan, Attorney-in-Fact for Joseph Kauder


Common Stock

Program Units (each of which is the economic equivalent of one share of The Brink's Company ("BCO") common stock) credited to the Reporting Person's stock incentive account under the terms of the Key Employees' Deferral Compensation Program (the "Program") will settle in BCO common stock on a one-for-one basis and shall be distributed in accordance with the Reporting Person's deferral election either (1) following the Reporting Person's termination of employment with BCO or (2) on a future date selected by the Reporting Person at the time of his or her deferral election.

In accordance with the terms of the Program, on the last business day of each month, compensation deferred by the Reporting Person during that month and/or any matching amounts are converted into Program Units and credited to the Reporting Person's stock incentive account.

The number of Program Units credited to the Reporting Person's account on the transaction date is based upon a share price of $87.34, which is the closing price of BCO common stock on the final trading day of the month in which the deferred compensation would have been payable, calculated in accordance with the terms of the Program.


Common Stock


This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025.

This transaction was executed in multiple trades during the day at prices ranging from $184.14 to $185.13. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.

This transaction was executed in multiple trades during the day at prices ranging from $187.61 to $188.54. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

This transaction was executed in multiple trades during the day at prices ranging from $188.65 to $189.51. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

This transaction was executed in multiple trades during the day at prices ranging from $182.13 to $183.12. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

This transaction was executed in multiple trades during the day at prices ranging from $183.14 to $184.12. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

This transaction was executed in multiple trades during the day at prices ranging from $185.14 to $186.11. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

This transaction was executed in multiple trades during the day at prices ranging from $186.31 to $187.22. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

/s/ Veena Bhatia, Attorney-in-Fact for Cannon-Brookes Michael


This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 12, 2025.

Shares are held by Farquhar Investment Partnership No. 2.

/s/ Veena Bhatia, Attorney-in-Fact for Farquhar Scott


Shares withheld to pay for taxes on Restricted Stock Units that have vested.


Transaction effected pursuant to a Rule 10b5-1 trading plan adopted on September 12, 2024.


Represents additional RSUs credited to the reporting person's account under the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan ("Deferred Fee Plan") credited on the transaction date. Each RSU represents the right to receive one share of Issuer's common stock upon settlement. The RSUs 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.

Represents (a) 11 RSUs acquired pursuant to the dividend reinvestment feature of the Deferred Fee Plan, and (b) 147 RSUs acquired under the Deferred Fee Plan resulting from the reporting person's election to defer the annual cash retainer and other cash fees payable to the reporting person in the form of RSUs under the Deferred Fee Plan.

Lisa M. Ibarra, by Power of Attorney on behalf of Shelley J. Bausch


Class A Common Stock

Class A Common Stock

Each UWM Paired Interest consists of one share of non-economic voting Class D Common Stock of UWM Holdings Corporation (the "Issuer") ("Class D Stock") and one Class B common units of UWM Holdings, LLC ("UWM LLC") ("Class B Common Units"), a subsidiary of the Issuer. Each UWM Paired Interest is convertible for one share of Class A Common Stock of the Issuer (i) at any time at the option of the holder or (ii) automatically upon transfer to a third person. These shares of Class A Common Stock were acquired by SFS Holding Corp. ("SFS Corp") upon the conversion of an equal number of UWM Paired Interests.

These securities are held directly by SFS Corp, a 10% holder of the Issuer, and indirectly by Mat Ishbia.  Mat Ishbia is the Chief Executive Officer and sole director of SFS Corp and serves as the investment advisor to the trust that owns the voting securities of SFS Corp, and therefore exercises all voting and dispositive power of the securities held by SFS Corp.  In addition, trusts for the benefit of Mat Ishbia and his immediate family are shareholders of SFS Corp.  By virtue of its relationship with Mat Ishbia, a director and the CEO of the Issuer, SFS Corp may be deemed to be a director by deputization.

Sold pursuant to the 10b5-1 Plan adopted by SFS Corp on March 17, 2025.

Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.11 to $4.31 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price.

Represents the weighted average price of shares sold. The price of the shares sold ranged from $4.16 to $4.28 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each price.

These shares are held directly by Mat Ishbia and SFS Corp. has no interests in these shares.

The conversion rights related to the UWM Paired Interests do not expire.

These Restricted Stock Units ("RSUs") convert to Class A Common Stock on a one-for-one basis.

These RSUs vest on March 1, 2026. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.


The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.02 to $10.42. The reporting person undertakes to provide EverCommerce Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

All sale transactions reported herein were made pursuant to a Rule 10b5-1 trading plan dated September 6, 2024.


RSU Awards of restricted stock units (RSUs) granted on July 31, 2025 that vest in equal amounts on July 31, 2026, July  31, 2027 and July 31, 2028. Each RSU converts to one share of Conduent Incorporated common stock (Common Stock) upon vesting.

Award of performance restricted stock units (PRSUs) that can only be settled in Common Stock. The PRSU award will cliff vest on July 31, 2028, subject to Conduent Incorporated's total shareholder return compared to its proxy peer group (rTSR) meeting certain thresholds. If Conduent Incorporated's rTSR achieves the 25th percentile (or higher) for the period April 1, 2025 through December 31, 2027, the shares will vest on July 31, 2028 and be adjusted and settled according to the following performance (with linear interpolation between points): 25th Percentile ranking is 50% payout; Median percentile ranking is 100% payout; and 75th percentile is 150% payout. The vested shares are paid out within 60 days following the vesting date. The PRSU award adjustment is capped at (i) 100%, if Conduent Incorporated's total shareholder return is negative, and (ii) 4x the fair market value of the target number of PRSUs on the date of grant.


Class A Common Stock

Class A Common Stock

The shares are held of record by John and Sandra Thompson Trust, for which the Reporting Person serves as a co-trustee and shares voting and dispositive power with his spouse.

This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted October 15, 2024.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.01 to $84.87 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.30 to $86.27 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.41 to $87.40 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.42 to $88.40 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.43 to $89.12 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.

Each share of Class B Common Stock held by the Reporting Person will automatically convert into one share of Class A Common Stock upon the sale or transfer of such share of Class B Common Stock, subject to certain exceptions, and in certain other circumstances described in the Issuer's amended and restated certificate of incorporation. Each share of Class B Common Stock will also be convertible at any time at the option of the Reporting Person into one share of Class A Common Stock.


Common Stock

This transaction involved a cash exercise of a stock option without a subsequent sale of the underlying shares of common stock.

1/48 of the options vested on the 19th of each month for forty-eight months beginning on 8/19/2015.


This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted June 27, 2024

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.97 to $84.94 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.15 to $86.05 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.25 to $87.23 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.26 to $88.25 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.30 to $89.25 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.


Held as co-trustee of the Residual 10- Year CLAT UA FDGJR Living Trust.


Shares received in lieu of director fees.

/s/ Christopher E French Attorney in Fact for Leigh Ann Schultz


Common Stock

Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts Inc. common stock.

This award was fully vested on August 2, 2025.

/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Heidi Ueberroth


Performance-based Restricted Stock Units

Common Stock

Common Stock

Common Stock

These performance-based restricted stock units were previously granted and became vested based on the achievement of certain performance criteria in the period 7/1/2022 - 6/30/2025.  The Compensation Committee has determined that such performance criteria have been met.

Represents the number of shares withheld upon vesting and settlement of the PRSUs to cover tax withholding obligations.

The Restricted Stock Units represent the third and final annual installment vest of a three year grant, grant date 8/01/2022.

Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.

If the reporting person's employment is terminated for any reason before an applicable Vesting Date, all restricted stock units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC.

/s/ Stan Finkelstein, Attorney-in-fact for Mike Slessor


The reporting person elected to receive Restricted Stock Units (RSUs) in lieu of his annual cash retainer, which retainer is paid in monthly installments. RSUs convert to Phillips 66 common stock on a 1-for-1 basis.

The price reflected above is the average of the high and the low price of the Company's stock on August 1, 2025.

Includes 10,823.1347 RSUs that settle for shares of Phillips 66 common stock on a 1-for-1 basis.

/s/ William H. Bald, as Attorney-in-Fact


/s/ Austin Y. Ke, attorney-in-fact for Kimberly Ann Montagnino


Common Stock Par Value $0.10 Per Share

Restricted stock units convert into common stock on a one-for-one basis.

The 1,160 reflected on this table represents the shares withheld to pay the Reporting Person's federal, state, and Federal Insurance Contributions Act ("FICA") tax.

This transaction represents the vesting of 2,572 of the 7,717 restricted stock units issued to the Reporting Person on July 31, 2024.

/s/ Michael C. Shay, Attorney-in-Fact for Daniel Gizinski


Transaction made pursuant to a 10b5-1 trading plan that was adopted by the Reporting Person on May 20, 2024.

The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $9.00 to $9.27 inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

/s/ Paul Alpern, as Attorney-in-Fact for Hawkins Nicholas B.


Common Stock,  $0.01 par value per share

Represents award of restricted stock pursuant to 2023 Omnibus Incentive Plan; shares vest fully on May 20, 2026. These shares are subject to forfeiture and to limits on transferability until they vest.

The closing trading price of the common stock on the date of the grant was $61.08.


Non-Qualified Stock Option (Right to Buy)

Common Stock, par value $.01

Common Stock, par value $.01

Common Stock, par value $.01

Common Stock, par value $.01

Common Stock, par value $.01

Common Stock, par value $.01

Common Stock, par value $.01

Common Stock, par value $.01

Common Stock, par value $.01

Common Stock, par value $.01

Represents shares acquired through ELS' Employee Stock Purchase Plan

Jennifer Krebs by Power of Attorney for Constance Freedman


Held as co-trustee of the Residual 10-Year CLAT UA FDGJR Living Trust.

/s/ John D. Gottwald Attorney-in-fact for William M. Gottwald


Shares received in lieu of director fees.

/s/ Christopher E French Attorney in Fact for Michael Anthony Rhymes


The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.46 to $42.62, inclusive. The reporting person undertakes to provide to HF Sinclair Corporation, any security holder of HF Sinclair Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Harrison Morris, Attorney-in-Fact for Valerie Pompa


This Form 4 is being filed late due to an inadvertent administrative error.

This transaction for the sale of 500 units at a price of $45.00 per unit was made pursuant to a 10b5-1 plan adopted on March 6, 2025, and is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).


Owned by wife. (Reporting person disclaims beneficial ownership)

Held by the reporting person and James T Gottwald as trustees of the John D. Gottwald Family Trust FBO reporting person's children. (Reporting person disclaims beneficial ownership.)

Held as co-trustee FBO (among others) reporting person's family u/w Floyd D. Gottwald.

Held as co-trustee of the Residual 10- Year CLAT UA FDGJR Living Trust.


Restricted stock units granted under the Company's stock incentive plan, vesting 25% on January 31st of each year following the grant date until fully vested.


The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging in price from $114.67 to $115.17, inclusive. Full information regarding the number of shares purchased at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.


Owned by wife. (Reporting person disclaims beneficial ownership.)

Held by the reporting Person as trustee of the William Michael Gottwald Revocable Trust.


No corresponding shares of common stock were issued in connection with this transaction. Units were disposed upon vesting in lieu of taxes owed.


/s/ Christopher E French Attorney in Fact for Kenneth L Quaglio


Common Stock

Each restricted stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.

Shares of common stock will be issued to the reporting person in four equal annual installments beginning on August 2, 2022, the first anniversary of the date of grant.


Common Stock

The transactions reported in this Form 4 were effected pursuant to a pre-established Rule 10b5-1 trading plan adopted on February 27, 2025.

Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $104.16 to $105.10, inclusive. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

The reporting person disclaims beneficial ownership of the shares held by his child, and this report should not be deemed an admission that the reporting person is the beneficial owner of his child's shares for purposes of Section 16 or for any other purpose.

Grant to the reporting person of an option to purchase a specified number of shares of common stock vesting in four equal annual installments beginning on December 1, 2018, the first anniversary of the date of grant.


Common Stock

Common Stock

Common Stock

Common Stock

The transactions reported in this Form 4 were effected pursuant to a pre-established Rule 10b5-1 trading plan adopted on August 9, 2024.

Includes shares acquired on June 30, 2025 under the Company's Employee Stock Purchase Plan based upon the most current data available.

Balance reflects the most current data available with regard to share holdings in the Company's 401(k) Retirement Savings Plan.

Grant to the reporting person of an option to purchase a specified number of shares of common stock vesting in four equal annual installments beginning on February 15, 2019, the first anniversary of the date of grant.

Grant to the reporting person of an option to purchase a specified number of shares of common stock vesting in four equal annual installments beginning on February 22, 2017, the first anniversary of the date of grant.

Grant to the reporting person of an option to purchase a specified number of shares of common stock vesting in four equal annual installments beginning on February 28, 2018, the first anniversary of the date of grant.

Grant to the reporting person of an option to purchase a specified number of shares of common stock vesting in four equal annual installments beginning on June 1, 2017, the first anniversary of the date of grant.


Represents award pursuant to 2023 Omnibus Incentive Plan; shares vest fully on May 20, 2026. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting.

The closing trading price of the common stock on the date of the grant was $61.08.


Stock Option (Right to buy Class B Common Stock)

Class B Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Class A Common Stock

Each share of Class B common stock held by the Issuer's executive officers, directors and their respective affiliates will convert automatically into one share of Class A common stock upon any transfer, except for certain permitted transfers.

Following the sales reported in this line item, Mr. Goel holds 2,362,194 shares of Class A Common Stock and Class B Common Stock, which figure does not reflect vested but unexercised options, unvested options, or unvested restricted stock units, each as of the date of filing.  The option award under which these shares were exercised expires on July 7, 2026.

The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 2025.

These securities were transferred by the Reporting Person to The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries, and were sold by the Goel Family Trust as reported herein.

Represents the weighted average sale price. The lowest price at which shares were sold was $11.13 and the highest price at which shares were sold was $11.61. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.

The options are fully vested.

These securities are held by the Reporting Person, as custodian for the benefit of his children under the California Uniform Transfers to Minors Act.

These securities are held by The Goel Heritage Trust, of which the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

These securities are held by The Goel Family Gift Trust, of which family members and certain other individuals are beneficiaries. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

These securities are held by a trust for the benefit of the Reporting Person's child. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

These securities are held by The Goel Family Trust, of which the Reporting Person and his spouse are beneficiaries.


These shares were withheld by the Issuer to cover the tax liability upon the vesting of a time-based restricted stock award previously granted, and does not represent a discretionary sale by the reporting person.

Includes 750 shares purchased pursuant to the 2021 Employee Stock Purchase Plan ("ESPP"), for the purchase period of February 1, 2025 to July 31, 2025. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on July 31, 2025.


Common Stock

Common Stock

Common Stock

These performance-based restricted stock units were previously granted and became vested based on the achievement of certain performance criteria in the period 7/1/2022 - 6/30/2025.  The Compensation Committee has determined that such performance criteria have been met.

Represents the number of shares withheld upon vesting and settlement of the PRSUs to cover tax withholding obligations.

The Restricted Stock Units represent the third and final annual installment vest of a three year grant, grant date 8/01/2022.

Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.

Includes 143 shares acquired from the Issuer's Employee Stock Purchase Plan on July 31, 2025.

If the reporting person's employment is terminated for any reason before an applicable Vesting Date, all restricted stock units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC.

/s/: Stan Finkelstein, Attorney-in-fact for Shai Shahar


The closing trading price of the common stock on the date of the grant was $61.08.


The sale reported on this Form 4 represents shares sold by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 10/3/2024.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.2300 to $24.3400, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

/s/ Emily Doan, by Power of Attorney for Matthew M. Cain


Represents additional shares of phantom stock/RSUs credited to the reporting person's account under the Amended and Restated GATX Directors' Phantom Stock Plan ("Phantom Stock Plan") and the Amended and Restated GATX Corporation Directors' Voluntary Deferred Fee Plan ("Deferred Fee Plan") credited on the transaction date. Each share of phantom stock/RSU represents the right to receive one share of Issuer's common stock upon settlement. The shares of phantom stock/RSUs 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.

Represents 29 shares of phantom stock/RSUs acquired pursuant to the dividend reinvestment feature of the Phantom Stock Plan and the Deferred Fee Plan.

Lisa M. Ibarra, by Power of Attorney on behalf of Adam L. Stanley


Held as co-trustee of the Residual 10-year CLAT UA FDGJR Living Trust.

/s/ John D Gottwald, Attorney-in-Fact for James T. Gottwald


Represents award pursuant to 2023 Omnibus Incentive Plan; shares vest fully on May 20, 2026.  Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting.

Includes 469 shares held through a SEP IRA and 10 shares held through an IRA Rollover.


Shares received in lieu of director fees.

/s/ Christopher E French Attorney in Fact for Richard L Koontz Jr