Spenninck Fabrice 4

What Happened Fabrice Spenninck, Senior Vice President & Chief Human Resources Officer at Garrett Motion (GTX), received a grant of 17,713 restricted stock units (RSUs) on March 5, 2026 (reported as an acquisition, code A). On the same date 9,214 shares were withheld (disposed, code F) to cover tax liabilities related to partial vesting, valued at $18.87 per share for a cash value of approximately $173,868. The RSU grant shows a $0 per-share acquisition value because RSUs are awarded rather than bought.

Key Details

• Transaction dates: March 5, 2026 (reported on Form 4 filed March 9, 2026). Filing appears timely (Form 4 generally due within two business days).
• Withheld shares: 9,214 shares withheld at $18.87 each — total ~ $173,868 (code F: tax withholding/covering tax liability).
• Award received: 17,713 RSUs granted (code A) with $0 purchase price at grant.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — withheld shares were used to pay tax liability from partial vesting of RSUs granted on March 5, 2024 and March 5, 2025. F2 — the new RSUs vest in three equal annual installments on each anniversary of the grant, subject to continued service.

Context

• This is an equity award plus routine tax-withholding; the withheld shares reflect tax payment on vesting rather than an intentional market sale for investment reasons. RSU grants are common as compensation and vest over time, so the acquisition is a compensation event rather than an outright purchase.