Rabiller Olivier 4
4 · Garrett Motion Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Garrett Motion (GTX) CEO Olivier Rabiller Sells Shares
What Happened
Olivier Rabiller, President & CEO and a director of Garrett Motion (GTX), disposed of 430,000 shares in three open-market sales from Feb 25–27, 2026. Sales by date:
- 2026-02-25: 143,000 shares at a weighted average price of $20.32, proceeds $2,905,488.
- 2026-02-26: 143,000 shares at a weighted average price of $20.29, proceeds $2,901,041.
- 2026-02-27: 144,000 shares at a weighted average price of $20.32, proceeds $2,925,950. Total proceeds ≈ $8,732,479. These were sales (disposals), which are typically routine liquidity/portfolio actions and do not by themselves indicate management’s view of the company’s prospects.
Key Details
- Transaction type: S = Sale (open-market/private sale).
- Dates and reported weighted-average prices:
- 2026-02-25 — 143,000 sh @ $20.32 (range reported: $20.11–$20.48; see footnote F1).
- 2026-02-26 — 143,000 sh @ $20.29 (range reported: $20.025–$20.525; see F2).
- 2026-02-27 — 144,000 sh @ $20.32 (range reported: $20.05–$20.47; see F3).
- Shares sold total: 430,000; total proceeds ≈ $8.73M.
- Shares owned after the transactions: not provided in the summary data here—see the Form 4 for post-transaction holdings.
- Footnotes: Prices are weighted averages; sales occurred in multiple executions across the reported ranges. The reporting person offers to provide a breakdown of shares sold at each price on request (per the footnotes).
- Timeliness: Form 4 was filed on 2026-02-27. The filing date appears to be within the normal 2-business-day reporting window for insider transactions (i.e., timely).
Context
Sales by executives are common for liquidity or diversification and should be viewed differently than purchases, which more directly signal insider confidence. This filing documents outright sales (not option exercises, gifts, or awards). Retail investors may track whether this is part of a recurring pattern or related to a pre-arranged trading plan (none specified here). For full context, check the Form 4 for post-sale holdings and any related disclosures.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-25$20.32/sh−143,000$2,905,488→ 1,192,546 total - Sale
Common Stock
[F2]2026-02-26$20.29/sh−143,000$2,901,041→ 1,049,546 total - Sale
Common Stock
[F3]2026-02-27$20.32/sh−144,000$2,925,950→ 905,546 total
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.11 to $20.48, 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 ranges set forth herein and in footnotes 2 and 3.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.025 to $20.525, inclusive.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.05 to $20.47, inclusive.