NINIVAGGI DANIEL A 4
Research Summary
AI-generated summary
Garrett Motion (GTX) Director Daniel Ninivaggi Sells Shares
What Happened
Daniel A. Ninivaggi, a director of Garrett Motion Inc. (GTX), sold 17,178 shares on May 15, 2026. The transaction was reported as a sale (code S) with a weighted average price of $31.22, producing proceeds of approximately $536,294. This was a sale (liquidation) rather than a purchase.
Key Details
- Transaction date: 2026-05-15
- Transaction type: Sale (open market or private sale), code S
- Shares sold: 17,178
- Price: Weighted average $31.22; reported range $30.86–$31.71 (see footnote)
- Proceeds: ≈ $536,294
- Shares owned after transaction: Not disclosed in the provided filing
- Footnote: The reported price is a weighted average; the reporting person will provide a breakdown of the number of shares sold at each price within the $30.86–$31.71 range upon request (Footnote F1).
- Filing timeliness: Period of report and filing date are both 2026-05-15, indicating a timely report.
Context
This filing reflects a director sale (not an exercise, award, gift, or purchase). Sales by insiders can be routine (liquidity or diversification) and are not, by themselves, a definitive indicator of the company’s prospects. For finer detail on execution prices per trade, investors can request the breakdown referenced in the footnote.