Deiro Daniel 4
4 · Garrett Motion Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Garrett Motion (GTX) SVP Daniel Deiro Withholds Shares for Taxes
What Happened
Daniel Deiro, SVP, Chief Marketing & GM Japan/Korea at Garrett Motion (GTX), had 41,272 shares withheld to cover tax liabilities triggered by equity vesting. On Feb 17, 2026, Garrett withheld 4,882 shares (value $100,667) and 36,390 shares (value $750,362) at $20.62 per share, for a combined withholding value of approximately $851,029. This was a tax-withholding event tied to the vesting of restricted stock units and performance-based stock units, not an open-market sale or purchase.
Key Details
- Transaction date: 2026-02-17; filing date: 2026-02-19 (Form 4 accession 0000950142-26-000443).
- Price: $20.62 per share.
- Shares withheld: 4,882 (F1) + 36,390 (F2) = 41,272 shares.
- Values: $100,667 and $750,362, respectively; total ≈ $851,029.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 = withholding for tax on partial vesting of RSUs granted 2/17/2023; F2 = withholding for tax on vesting of PSUs granted 2/17/2023.
- Filing status: filed within the standard Form 4 window (no late-filing flag noted).
- Exhibit: 24.1 Power of Attorney included.
Context
This was a routine share-withholding to satisfy tax obligations on vested RSUs/PSUs (a common corporate practice). It is not a market sale or a purchase signal; such withholdings are administrative and typically do not indicate insider sentiment about the stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-17$20.62/sh−4,882$100,667→ 230,384 total - Tax Payment
Common Stock
[F2]2026-02-17$20.62/sh−36,390$750,362→ 193,994 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.