Rodrigues Mark Albert 4

What Happened

• Mark Albert Rodrigues, SVP, GM GBEs Turbo Tech at Garrett Motion (GTX), received a grant of 14,669 restricted stock units (RSUs) on March 5, 2026 (grant value recorded as $0 in the filing). On the same date, 4,307 shares were withheld to cover the tax liability from the partial vesting of RSUs; the withheld shares are reported at $18.87 each for a total of $81,273.
• The award is an RSU grant (transaction code A) and the share withholding for taxes is reported under transaction code F; the withholding is not an open‑market sale but a company retention of shares to satisfy taxes.

Key Details

• Transaction dates and amounts:
  • 2026-03-05: Grant of 14,669 RSUs (A) — acquisition recorded at $0.
  • 2026-03-05: 4,307 shares withheld for tax liability (F) — 4,307 @ $18.87 = $81,273 (reported as disposed).
• Filing: Form 4 filed with the SEC on 2026-03-09 reporting the March 5, 2026 transactions.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes of note:
  • F1: Withheld shares represent payment of tax liability from partial vesting of RSUs granted on March 5, 2024 and March 5, 2025.
  • F2: The 14,669 RSUs were granted under the Garrett Motion 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.
• Transaction types explained: A = award/grant (RSUs); F = tax withholding (company retains shares to cover taxes).

Context

• This is an internal compensation event (RSU award and tax withholding). Withheld shares are routine tax-covering actions and do not indicate an open-market sale or a directional bet by the insider. The RSU grant vests over time (three annual installments), so future ownership depends on continued service and future vesting.