Balis Craig 4

What Happened
Craig Balis, Senior Vice President and Chief Technology Officer of Garrett Motion (GTX), had 9,129 shares withheld to satisfy the tax liability arising from the partial vesting of restricted stock units. The shares were valued at $25.61 each, totaling $233,794. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-04-30; price used: $25.61 per share.
• Shares withheld/disposed: 9,129 for a total of $233,794.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: F1 — shares were withheld by Garrett Motion to pay taxes on partial vesting of RSUs granted May 26, 2021.
• Filing date: 2026-05-04. The Form 4 was filed within the standard two business-day reporting window (timely).

Context

• Code F indicates withholding to satisfy tax obligations on vested equity; this is a routine administrative action rather than a signal of buying or selling for investment reasons.
• For retail investors: tax-withholding dispositions reduce the insider's recorded share count but generally do not imply a change in the insider's view of the company.