Rodrigues Mark Albert 4
4 · Garrett Motion Inc. · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Garrett Motion (GTX) SVP Mark Rodrigues Receives Award, Withholds Shares
What Happened
- Mark Rodrigues (SVP, GM GBEs Turbo Tech) was credited with 15,379 shares when performance-based stock units (PSUs) were certified as earned. The PSUs were granted Feb 17, 2023, certified on Feb 11, 2026 and vested on Feb 17, 2026.
- Garrett withheld 9,088 of those shares to cover tax liabilities in two withholding transactions (2,289 shares and 6,799 shares) at $20.62 per share, generating withholding value of $47,199 and $140,195 respectively. Gross value of the vested award ≈ $317,115; withheld value ≈ $187,394; net shares retained = 6,291 (net value ≈ $129,721).
Key Details
- Transaction types: A = Award/Grant (15,379 shares acquired); F = Tax withholding (2 dispositions: 2,289 and 6,799 shares at $20.62).
- Transaction dates: Certification 02/11/2026 (PSUs certified); vesting and withholding occurred 02/17/2026; Form 4 filed 02/27/2026.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 = PSUs granted 02/17/2023, certified 02/11/2026 and vested 02/17/2026; F2/F3 = shares withheld by Garrett to satisfy tax liabilities on RSUs/PSUs.
- Timeliness: The Form 4 was filed on 02/27/2026 covering 02/11 and 02/17 events; this appears later than the typical two-business-day filing window.
Context
- This was not an open-market purchase or sale by the insider for investment reasons but the vesting of performance-based equity (compensation). Company withholding of shares to cover taxes is routine (code F = tax withholding).
- For retail investors: awards and tax-withholding disposals are common compensation mechanics and do not necessarily signal insider sentiment about the stock.
Insider Transaction Report
Form 4
Rodrigues Mark Albert
SVP, GM GBEs Turbo Tech
Transactions
- Award
Common Stock
[F1]2026-02-11+15,379→ 92,420 total - Tax Payment
Common Stock
[F2]2026-02-17$20.62/sh−2,289$47,199→ 90,131 total - Tax Payment
Common Stock
[F3]2026-02-17$20.62/sh−6,799$140,195→ 83,332 total
Footnotes (3)
- [F1]Represents 15,379 shares certified as earned with respect to an award of performance-based stock units ("PSUs") granted on February 17, 2023. The Issuer's Board of Directors, on the recommendation of its Talent Management & Compensation Committee, certified the achievement of the applicable performance metrics and goals on February 11, 2026 and the PSUs vested, in accordance with their terms, on February 17, 2026.
- [F2]Represents shares withheld by Garrett Motion Inc. for payment of the tax liability incurred upon the partial vesting of restricted stock units granted on February 17, 2023.
- [F3]Represents shares withheld by Garrett Motion Inc. for payment of the tax liability incurred upon the vesting of PSUs granted on February 17, 2023.
Signature
/s/ Mark Rodrigues, by Patrick Foley as Attorney-in-Fact|2026-02-27