Spenninck Fabrice 4

What Happened
Fabrice Spenninck, Garrett Motion’s Senior Vice President & Chief Human Resources Officer, sold a total of 39,000 shares in two open-market transactions. On Feb 25 (20,000 shares) he sold at a weighted average price of $20.31 for proceeds of $406,284; on Feb 26 (19,000 shares) he sold at a weighted average price of $20.28 for proceeds of $385,335. Total proceeds reported: $791,619. These were sales (S) — typically routine disposition of shares rather than a bullish purchase signal.

Key Details

• Transaction dates: Feb 25 and Feb 26 (reported in the Form 4 filed Feb 27, 2026).
• Reported weighted-average prices and proceeds: 20,000 @ $20.31 = $406,284; 19,000 @ $20.28 = $385,335; total ≈ $791,619.
• Footnotes: Prices are weighted averages from multiple trades. Footnote 1 range: $20.115–$20.46; Footnote 2 range: $20.025–$20.495. The reporting person will provide per-price breakdowns on request.
• Shares owned after the transaction: Not specified in the provided excerpt of the filing.
• Filing timeliness: Form filed 2026-02-27 (the filing shows a report date of Feb 25); no late-filing flag is indicated in the information you provided.

Context
Sales by officers are common and can reflect personal liquidity needs, pre-set plans, or portfolio rebalancing; they are not by themselves evidence of company performance. Because these were open-market sales (not option exercises, gifts, or awards), there is no derivative or tax-withholding mechanics to explain here.