Deiro Daniel 4

What Happened
Daniel Deiro, SVP, CM & GM Japan/Korea at Garrett Motion (GTX), was granted 17,569 restricted stock units (RSUs) on March 5, 2026 (acquired at $0.00). To satisfy tax withholding associated with partial vesting of earlier RSUs, 9,139 shares were withheld/disposed on the same date at an implied value of $18.87 per share, totaling $172,453. The RSU grant is subject to vesting conditions.

Key Details

• Transaction dates: March 5, 2026 (both grant and withholding/disposition). Form filed March 9, 2026 — within the two-business-day SEC filing window (timely).
• Grant: 17,569 RSUs, grant price $0.00 (F2). RSUs vest in three equal annual installments on each anniversary of the grant, subject to continued service.
• Withholding/disposition: 9,139 shares withheld to cover tax liability at $18.87/share, total value $172,453 (F1). This is a withholding to pay taxes on vesting, not an open-market sale.
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Footnotes: F1 = shares withheld to satisfy tax liability from partial vesting of RSUs granted Mar 5, 2024 and Mar 5, 2025. F2 = new RSU grant under the 2021 Long-Term Incentive Plan, vesting over three years.

Context
This filing records a routine equity award (RSUs) and related tax withholding. The withholding of shares to cover taxes is common when restricted awards vest and does not by itself indicate a change in the insider’s market view; the majority of the new RSUs remain subject to future vesting.