Greenbrier CEO intends to sell one-half of his position in company stock
The CEO of The Greenbrier Companies, William Furman, has advised the company that he intends to sell a part of his holdings of Greenbrier common stock pursuant to a previously announced long term strategy for estate planning and asset diversification. Furman intends to sell shares during the company's current stock trading window, which is scheduled to remain open through May17, 2017, and afterward pursuant to a pre-arranged trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. Furman's current interest in Greenbrier common stock, considering all shares he currently holds directly and indirectly and all outstanding awards pursuant to the company's equity compensation arrangements, amounts to approximately 1.2M 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 pursuant to a Rule 10b5-1 trading plan, or a combination thereof.