Spenninck Fabrice 4

What Happened
Fabrice Spenninck, Senior Vice President & Chief Human Resources Officer at Garrett Motion (GTX), had a total of 40,420 shares withheld by the company to satisfy tax liabilities tied to stock vesting. Two withholdings occurred on 2026-02-17: 4,781 shares at $20.62 each (≈ $98,584) and 35,639 shares at $20.62 each (≈ $734,876), for a combined value of approximately $833,460. These disposition entries are recorded as shares withheld (tax withholding), not open-market sales initiated by the insider.

Key Details

• Transaction date: 2026-02-17; Report filed: 2026-02-19 (filed within the normal 2-business-day Form 4 window).
• Price per share: $20.62 for both withholdings.
• Shares withheld/disposed: 4,781 and 35,639 (total 40,420). Total cash value ≈ $833,460.
• Footnotes: F1 = shares withheld to pay tax on partial vesting of restricted stock units granted 2023-02-17; F2 = shares withheld to pay tax on vesting of performance-based stock units granted 2023-02-17.
• Filing includes Exhibit 24.1 (Power of Attorney).
• Shares owned after the transaction: not specified in the information provided in this summary.

Context
This is a routine tax-withholding event (transaction code F) tied to the vesting of equity awards, effectively a cashless way to cover withholding taxes. Such withholdings are administrative and do not necessarily signal insider sentiment about the company's stock.