Norman Daun 4

What Happened
Norman Daun, a director of Garrett Motion Inc. (GTX), received a grant of 4,505 restricted stock units (RSUs) on 2026-05-28. The filing lists the transaction as an award/acquisition (code A); no per-share price or total dollar value is reported because this is a non-cash equity grant rather than an open-market trade.

Key Details

• Transaction date: 2026-05-28 (reported on Form 4 filed 2026-06-01). Filing appears timely under the two-business-day rule.
• Transaction type/code: Award/Grant (A) — restricted stock units (RSUs).
• Shares granted: 4,505 RSUs. Price/value: N/A (no cash price disclosed).
• Shares owned after transaction: Not specified in this filing.
• Footnote: RSUs vest in full on the earlier of the one-year anniversary of the grant date or the issuer’s next annual meeting, subject to continued service and certain separation conditions.
• Accession: SEC Filing 0000950142-26-001583.

Context
RSUs are a common form of director/executive compensation and represent a conditional right to receive shares in the future if vesting conditions are met; they are not an immediate buy or sale and may be forfeited if service conditions aren’t met. Such awards are routine and do not, by themselves, indicate the director is buying or selling shares for investment reasons.