Balis Craig 4

What Happened

• Craig Balis, SVP & Chief Technology Officer of Garrett Motion, was credited with 113,520 shares as an award (transaction code A) on Feb 11, 2026. The filing reports an acquisition price of $0.00 because these shares are performance-based stock units (PSUs), not an open-market purchase.

Key Details

• Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (timely).
• Shares acquired: 113,520; reported acquisition price: $0.00.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: The shares represent PSUs granted on Feb 17, 2023; the Board certified performance achievement on Feb 11, 2026 and the PSUs will vest on Feb 17, 2026 (see footnote F1).
• Filing appears timely (no late-filing indicator).

Context

• These PSUs are compensation that become actual shares if performance and vesting conditions are met; the $0 acquisition price reflects that no cash was paid by the insider. Awards like this are common executive compensation and do not reflect an open-market buy or sell. The economic value realized will depend on Garrett Motion’s stock price at vesting and any applicable withholding or holding restrictions.