Rabiller Olivier 4

What Happened

• Olivier Rabiller, President & CEO and a director of Garrett Motion (GTX), was granted 112,948 restricted stock units (RSUs) on March 5, 2026 (reported as an acquisition, code A). Simultaneously, 58,752 shares were withheld by the company to cover tax liabilities from partial RSU vesting (reported as a disposal, code F) at $18.87 per share, totaling $1,108,650. The RSU grant shows a $0 acquisition price because these are compensation awards, not open‑market purchases.

Key Details

• Transaction date: March 5, 2026.
• Withheld/disposed: 58,752 shares at $18.87 each = $1,108,650 (tax withholding; reported as code F).
• Award/acquired: 112,948 RSUs (code A) with $0 purchase price.
• Shares owned after transaction: not specified in the excerpt of the filing.
• Footnotes: F1 — shares were withheld by Garrett Motion to pay tax liabilities from partial vesting of RSUs granted on March 5, 2024 and March 5, 2025. F2 — the 112,948 RSUs were granted under the 2021 Long‑Term Incentive Plan and vest in three equal annual installments, subject to continued service.
• Filing timeliness: Report filed March 9, 2026 for a March 5, 2026 transaction; this appears to be within the standard two‑business‑day Form 4 reporting window.

Context

• The disposal here is a company withholding of shares to satisfy tax obligations tied to RSU vesting (a common administrative action), not an open‑market sale; this is generally routine and does not necessarily reflect the insider’s market view. The new RSUs vest over time per the plan and require continued service, so they represent future compensation rather than an immediate market purchase.