Garrett Motion Inc.·4

Mar 9, 9:03 PM ET

LAU JOANNE 4

Research Summary

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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.