LAU JOANNE 4

What Happened Joanne Lau, Garrett Motion's Vice President, CAO and Controller, was reported on Form 4 as acquiring 16,086 shares on Feb 11, 2026 through an award (code A). The filing shows an acquisition price of $0.00 (total reported value $0) because these shares are performance-based stock units (PSUs) that were certified as earned by the board.

Key Details

• Transaction date: 2026-02-11 (Form 4 filed 2026-02-13; filing appears timely).
• Transaction type: Award/Grant (code A); 16,086 shares at $0.00; total reported value $0.
• Footnote: These 16,086 shares were certified earned under PSUs granted Feb 17, 2023; the Board certified achievement of performance metrics on Feb 11, 2026 and the PSUs will vest on Feb 17, 2026 (per footnote F1).
• Shares owned after the transaction: not specified in the filing.
• No indication of a sale, tax withholding, or 10b5-1 plan in this filing.

Context This is a compensation-related award (performance shares) rather than an open-market purchase or sale. Certification means performance goals were met; actual ownership and any taxable event typically occur at vesting (here, Feb 17, 2026). Such awards are common executive compensation and should be viewed as compensation recognition rather than a direct bullish or bearish trading signal.