Martens Nils Eike-Christian 4

What Happened Nils Eike-Christian Martens, SVP of Strategy, Business Development and Advanced Technology at Garrett Motion (GTX), received a grant of 15,417 restricted stock units (RSUs) on March 5, 2026. On the same date 4,898 shares were withheld/disposed to satisfy tax withholding related to prior RSU vesting; those withheld shares were reported at $18.87 each for a total withholding value of $92,425. The RSU grant is reported as an award (code A) and the withholding as a tax payment/disposition (code F).

Key Details

• Transactions date: March 5, 2026.
  • Grant (A): 15,417 RSUs acquired, $0.00 per share (award).
  • Tax withholding / disposition (F): 4,898 shares withheld at $18.87 each = $92,425.
• Footnotes:
  • F1: Withheld shares represent payment of the tax liability from partial vesting of RSUs granted on March 5, 2024 and March 5, 2025.
  • F2: The 15,417 RSUs were granted under the 2021 Long-Term Incentive Plan and vest in three equal annual installments on the first, second and third anniversaries of the grant, subject to continued service.
• Shares owned after the reported transactions: not specified in the provided filing details.
• Filing timeliness: Form filed March 9, 2026 for transactions on March 5, 2026 (filed four days after the transactions). Form 4s are typically due within two business days, so this appearsto be a delayed filing.

Context

• The award is an RSU grant (not an open-market purchase). RSUs vest over time and are subject to service requirements, so this is a compensation award rather than an immediate buy signal.
• The 4,898 shares were withheld to meet tax obligations on prior vesting events (a routine, administrative action), not an open-market sale that would indicate immediate monetization by the insider.
• These filings are factual disclosures of compensation and tax withholding; they do not, by themselves, indicate the insider’s market view.