THE GREENBRIER COMPANIES, INC. (BMV:GBX) Files An 8-K Regulation FD DisclosureItem 7.01
The Chief Executive Officer of The Greenbrier Companies, Inc. (the “Company”), William A. Furman, has advised the Company that he intends to sell a part of his holdings of Greenbrier common stock to a previously announced long term strategy for estate planning and asset diversification. Mr. Furman intends to sell shares during the Company’s current stock trading window, which is scheduled to remain open through May 17, 2017, and afterward to a pre-arranged trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. Mr. Furman’s current interest in Greenbrier common stock, considering all shares he currently holds directly and indirectly and all outstanding awards to the Company’s equity compensation arrangements, amounts to approximately 1.2 million shares. Mr. Furman has advised the Company that he intends to sell up to one-half his shares in the current stock trading window, or to a Rule 10b5-1 trading plan, or a combination thereof.
The information under this Item 7.01 shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any registration statement or other document filed under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such a filing. The information furnished to Item 7.01 shall not be deemed an admission as to the materiality of any information in this report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.
THE GREENBRIER COMPANIES, INC. (BMV:GBX) Recent Trading Information
THE GREENBRIER COMPANIES, INC. (BMV:GBX) closed its last trading session 00.00 at 888.25 with 176 shares trading hands.