Mabru Thierry 4
Research Summary
AI-generated summary
Garrett Motion (GTX) SVP Thierry Mabru Sells Shares for Tax Withholding
What Happened
Thierry Mabru, SVP of Integrated Supply Chain at Garrett Motion (GTX), had a total of 55,468 shares disposed (withheld) by the company on Feb 17, 2026 to cover tax liabilities tied to equity vesting. The filing shows two withholding transactions at $20.62 per share: 6,561 shares for $135,288 and 48,907 shares for $1,008,462, for a combined value of approximately $1,143,750. These are tax-withholding disposals (transaction code F), not open-market sales.
Key Details
- Transaction date: 2026-02-17 (reported on Form 4 filed 2026-02-19 — timely within the usual 2-business-day window).
- Price: $20.62 per share.
- Shares withheld/disposed: 6,561 (F1) and 48,907 (F2); total 55,468 shares.
- Total value withheld: $135,288 and $1,008,462; combined ≈ $1,143,750.
- Footnotes: F1 = shares withheld to pay tax on partial vesting of restricted stock units (granted Feb 17, 2023). F2 = shares withheld to pay tax on vesting of performance-based stock units (granted Feb 17, 2023).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Exhibit: 24.1 Power of Attorney included.
Context
These disposals reflect company withholding to satisfy tax obligations when equity awards vest (a routine, administrative action), not an open-market sale that necessarily signals a change in insider sentiment. For retail investors, purchases or open-market sales by insiders are often more informative about confidence; withholding to cover taxes is common and typically neutral in interpreting insider intent.