Deiro Daniel 4

What Happened

• Daniel Deiro, SVP, CM & GM Japan/Korea of Garrett Motion Inc. (GTX), had 5,641 shares withheld by the company to satisfy tax withholding related to the partial vesting of restricted stock units. The shares are reported at $25.61 each, for a total value of $144,466. This is a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date and price: 2026-04-30; 5,641 shares at $25.61 each (total $144,466).
• Transaction type: Code F — shares withheld for tax liability upon RSU vesting (sell-to-cover/withholding).
• Footnote: F1 confirms shares were withheld by Garrett Motion to pay tax liability from partial vesting of RSUs granted May 26, 2021.
• Shares owned after transaction: not specified in the provided filing details.
• Filing timeliness: Report filed 2026-05-04 for a 2026-04-30 transaction; this meets the typical SEC Form 4 two-business-day filing window.

Context

• This is a routine "sell-to-cover" (withholding) to satisfy tax obligations tied to vested RSUs, not a discretionary open-market sale indicating a change in insider sentiment.
• Such transactions are common when equity awards vest and do not necessarily reflect the insider’s view of the company’s stock.