Garrett Motion Inc.·4

Mar 9, 9:03 PM ET

LAU JOANNE 4

4 · Garrett Motion Inc. · Filed Mar 9, 2026

Research Summary

AI-generated summary of this filing

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Garrett Motion VP Joanne Lau Receives Restricted Stock Award

What Happened

  • Joanne Lau, Vice President, Chief Accounting Officer and Controller of Garrett Motion Inc. (GTX), received a grant of 8,566 restricted stock units (RSUs) on March 5, 2026 (reported as an acquisition, code A). On the same date, 545 shares were withheld/disposed to cover tax withholding at $18.87 per share, netting $10,284 (reported as a withholding/disposition, code F). The RSU grant is an award (not a cash purchase); the 545-share disposition reflects tax withholding tied to prior partial vesting.

Key Details

  • Transaction dates: March 5, 2026; Form 4 filed March 9, 2026 (appears timely).
  • Disposition: 545 shares withheld at $18.87 each = $10,284 (tax withholding, code F).
  • Acquisition: 8,566 RSUs granted (reported at $0 on Form 4 because this is an equity award, code A).
  • Footnotes: F1 — 545 shares withheld by Garrett Motion to satisfy tax liability from partial vesting of RSUs granted March 5, 2024 and March 5, 2025. F2 — the 8,566 RSUs were granted under the 2021 Long-Term Incentive Plan and vest in three equal annual installments on each anniversary of the grant, subject to continued service.
  • Shares owned after the transaction: not specified in the supplied filing excerpt.

Context

  • This filing reflects an equity award and routine tax withholding rather than an open-market buy or sell. RSU grants are common executive compensation; vesting is time-based (three equal annual installments for this grant). Tax-withholding dispositions are administrative and do not necessarily indicate a change in the insider’s view of the stock.

Insider Transaction Report

Form 4
Period: 2026-03-05
LAU JOANNE
VP, CAO and Controller
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-03-05$18.87/sh545$10,284134,405 total
  • Award

    Common Stock

    [F2]
    2026-03-05+8,566142,971 total
Footnotes (2)
  • [F1]Represents shares withheld by Garrett Motion Inc. for payment of the tax liability incurred upon the partial vesting of restricted stock units granted on March 5, 2024 and March 5, 2025.
  • [F2]Represents a grant of restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan. The restricted stock units vest in three equal annual installments on the first, second and third anniversary of the grant date, subject to the reporting person's continued service.
Signature
/s/ Joanne Lau, by Patrick Foley as Attorney-in-Fact|2026-03-09

Documents

1 file
  • 4
    es260748356_4-lau.xmlPrimary

    OWNERSHIP DOCUMENT