Deason Sean 4

What Happened

• Sean Deason, Chief Financial Officer of Garrett Motion, was credited with 145,051 shares on February 11, 2026 as an award (code A) at $0.00 per share. The shares reflect performance-based stock units (PSUs) granted on February 17, 2023 that the board certified as earned; the PSUs will vest on February 17, 2026. The Form 4 reporting this transaction was filed February 13, 2026.
• Because the reported acquisition price is $0.00, the Form 4 lists a reported acquisition value of $0; the actual economic value will depend on Garrett Motion’s share price when (and if) the PSUs convert to issued shares at vesting.

Key Details

• Transaction date: February 11, 2026; Form 4 filed: February 13, 2026
• Transaction type: Award/Grant (A) — 145,051 shares reported @ $0.00 (acquired)
• Shares owned after transaction: Not disclosed in this filing
• Footnote: The 145,051 shares are PSUs from a Feb 17, 2023 grant; board certified performance achievement on Feb 11, 2026 and PSUs vest on Feb 17, 2026 (see F1)
• Late filing: No late filing flag noted on the Form 4 provided

Context

• PSUs are performance-based restricted units that convert to actual shares only if performance goals are met and any time-based vesting conditions are satisfied; this report documents the certification of achievement, not an open-market purchase or sale.
• Awards like this are standard executive compensation and do not by themselves indicate a CEO/CFO market buy or sell decision. Any taxes, withholding, or future sale of shares upon vesting would be reported in subsequent filings.