Garrett Motion Inc.·4

Mar 9, 9:04 PM ET

Mabru Thierry 4

Research Summary

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Garrett Motion (GTX) SVP Thierry Mabru Receives Award; Shares Withheld

What Happened Thierry Mabru, SVP of Integrated Supply Chain at Garrett Motion (GTX), was granted 23,612 restricted stock units (RSUs) on March 5, 2026 (reported on a Form 4 filed March 9, 2026). Concurrently, 12,283 shares were withheld by the company to satisfy tax withholding related to partial vesting — these withheld shares were recorded as disposed at $18.87 per share for a cash value of $231,780. The grant is an award (RSUs), not a purchase.

Key Details

  • Transaction dates/prices:
    • 2026-03-05 — Grant (A): 23,612 RSUs @ $0.00 (acquired via award).
    • 2026-03-05 — Tax withholding (F): 12,283 shares @ $18.87 = $231,780 (disposed/withheld).
  • Shares owned after transaction: not disclosed in the provided filing.
  • Footnotes:
    • F1: Withheld shares represent payment of tax liabilities from partial vesting of RSUs granted on March 5, 2024 and March 5, 2025.
    • F2: The 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.
  • Filing timeliness: Form 4 filed March 9, 2026; this appears to be timely (filed within the SEC’s two business-day window following the March 5 transaction).

Context This filing shows an equity award (RSUs) to an executive and routine tax withholding of a portion of shares upon vesting. Withholding of shares for taxes is a common administrative step and should not be read as an open‑market sale motivated by sentiment. RSU grants signal compensation/retention, while purchases are generally more informative about insider conviction.