|4Feb 19, 9:01 PM ET

Deason Sean 4

4 · Garrett Motion Inc. · Filed Feb 19, 2026

Research Summary

AI-generated summary of this filing

Updated

Garrett Motion (GTX) CFO Sean Deason Sells Shares to Cover Taxes

What Happened

  • Sean Deason, Chief Financial Officer of Garrett Motion Inc. (GTX), had a total of 82,255 shares disposed on Feb 17, 2026 via company withholding to satisfy tax liabilities related to vested equity awards. The filing reports two withholdings: 9,729 shares at $20.62 ($200,612) and 72,526 shares at $20.62 ($1,495,486), for a combined proceeds value of $1,696,098.

Key Details

  • Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (timely within the usual two-business-day window).
  • Price per share reported: $20.62 for both withholdings.
  • Shares withheld/Disposed: 9,729 and 72,526 (total 82,255).
  • Total value: $1,696,098 (sum of both withholdings).
  • 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).
  • Shares owned after the transactions: not specified in the excerpt provided.

Context

  • These dispositions are tax-withholding actions (transaction code F), where the company retains shares to cover the insider’s tax liability upon vesting. This is routine and does not necessarily signal the insider’s view of the company’s stock; it differs from an open-market sale.

Insider Transaction Report

Form 4
Period: 2026-02-17
Deason Sean
SVP & Chief Financial Officer
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-02-17$20.62/sh9,729$200,612445,318 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-17$20.62/sh72,526$1,495,486372,792 total
Footnotes (2)
  • [F1]Represents shares withheld by Garrett Motion Inc. for payment of the tax liability incurred upon the partial vesting of restricted stock units granted on February 17, 2023.
  • [F2]Represents shares withheld by Garrett Motion Inc. for payment of the tax liability incurred upon the vesting of performance-based stock units granted on February 17, 2023.
Signature
/s/ Sean Deason, by Patrick Foley as Attorney-in-Fact|2026-02-19

Documents

2 files