Garrett Motion Inc.·4

Feb 19, 9:00 PM ET

Balis Craig 4

Research Summary

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Garrett Motion (GTX) SVP/CTO Craig Balis Sells Shares for Taxes

What Happened
Craig Balis, SVP & Chief Technology Officer at Garrett Motion (GTX), disposed of a total of 57,938 shares on February 17, 2026 via company withholding to cover tax liabilities tied to equity vesting. The transactions were at $20.62 per share: 6,853 shares ( $141,309 ) and 51,085 shares ( $1,053,373 ), totaling $1,194,682. This was a tax-withholding disposition (routine), not an open-market sale indicating discretionary trading.

Key Details

  • Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (within the typical 2-business-day reporting window).
  • Price: $20.62 per share.
  • Shares disposed: 6,853 (F1) and 51,085 (F2) — total 57,938 shares, $1,194,682.
  • Shares owned after the transaction: not specified in the provided filing.
  • Footnotes: F1 = shares withheld for tax on partial vesting of restricted stock units (granted Feb 17, 2023); F2 = shares withheld for tax on vesting of performance-based stock units (granted Feb 17, 2023).
  • Transaction code: F = tax withholding.
  • Exhibit noted: 24.1 — Power of Attorney.

Context
These were withholding-withdrawals to satisfy tax obligations on vested awards (a cashless/withholding mechanism), which are routine and do not necessarily signal the insider’s market view. For retail investors, purchases or open-market sales by insiders are generally more informative than tax-related withholdings.