Rabiller Olivier 4

What Happened Olivier Rabiller, President & CEO and a director of Garrett Motion (GTX), had shares withheld by the company to satisfy tax withholding obligations upon vesting of equity awards. On 2026-02-17 Garrett withheld 27,554 shares at $20.62 ($568,163) related to partial vesting of restricted stock units and 205,409 shares at $20.62 ($4,235,534) related to vesting of performance-based stock units—totaling 232,963 shares and approximately $4,803,697. These transactions are coded F (tax withholding) and represent company withholding rather than an open-market sale.

Key Details

• Transaction date: 2026-02-17; price used for withholding: $20.62 per share.
• Shares withheld: 27,554 (F1, RSU partial vesting) and 205,409 (F2, PSU vesting); combined 232,963 shares; combined value ≈ $4,803,697.
• Filing: Form 4 filed 2026-02-19 for the 2026-02-17 transaction—appears timely (Form 4 is due within two business days).
• Shares owned after transaction: not provided in the supplied summary.
• Footnotes: F1 = shares withheld for tax on partial vesting of RSUs granted 2/17/2023; F2 = shares withheld for tax on vesting of performance-based stock units granted 2/17/2023.
• Remarks: Exhibit 24.1 (Power of Attorney) attached.

Context This was a routine tax-withholding disposal tied to vesting of stock-based compensation, not a discretionary open-market sale or purchase. Such withholdings are common and generally do not signal management buying or selling intent; purchases are typically more informative about insider sentiment.