Steyn Julia 4
4 · Garrett Motion Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Garrett Motion (GTX) Director Julia Steyn Sells Shares
What Happened Julia Steyn, a director of Garrett Motion Inc. (GTX), sold a total of 17,000 shares of Common Stock in open-market transactions on February 24, 2026. The filing reports two line items: 16,500 shares at $19.85 ($327,532) and 500 shares at $20.31 ($10,155), for an aggregate proceeds of approximately $337,687. These were sales (not purchases or option exercises).
Key Details
- Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (timely under Section 16 rules).
- Reported line-item prices: 16,500 @ $19.85 and 500 @ $20.31; total proceeds ≈ $337,687.
- Footnote F1: The filing notes Column 4 shows a weighted-average price and states the shares were sold in multiple executions at prices ranging from $19.30 to $20.29; the reporting person can provide a per-price breakdown on request.
- Footnote F2: Total holdings were adjusted to correct an inadvertent underreporting of 35 shares in prior reports.
- No 10b5-1 plan, option exercise, gift, or tax-withholding notation is indicated in the provided summary.
Context This filing documents routine insider sales rather than an acquisition or option exercise. Sales can reflect many reasons (diversification, liquidity needs, tax planning), so they are informational but not definitive indicators of company outlook. Purchases are generally viewed as more directly bullish; this report documents only sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-24$19.85/sh−16,500$327,532→ 50,733 total - Sale
Common Stock
2026-02-24$20.31/sh−500$10,155→ 50,233 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.30 to $20.29, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- [F2]Total holdings have been adjusted to reflect an inadvertent underreporting of 35 shares of Common Stock in the Reporting Person's prior reports.