Garrett Motion Inc.·4

Jun 9, 9:01 PM ET

Vanneste Jeffrey H. 4

Research Summary

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Garrett Motion (GTX) Director Jeffrey Vanneste Receives RSU Award

What Happened
Jeffrey H. Vanneste, a director of Garrett Motion Inc. (GTX), was granted 4,505 restricted stock units (RSUs) on 2026-05-28 (transaction code A — award). No per-share price or cash value is reported for the grant. This was a compensation award (not an open-market purchase or sale) and does not involve immediate proceeds.

Key Details

  • Transaction date: 2026-05-28; Form 4 filed: 2026-06-09.
  • Transaction type/code: Award of restricted stock units (Code A). Reported shares: 4,505 RSUs. Price: N/A.
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Footnote: RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, subject to Vanneste’s continued service and certain separation provisions.
  • Timeliness: The Form 4 was filed 12 days after the grant; Form 4s are generally required within two business days of the transaction, so this appears late.

Context
RSU grants to directors are a common form of compensation and do not represent an outright purchase or sale of company stock. Vesting is time- and service-based per the footnote; once vested, shares may be delivered to the insider and could then be sold or retained. This filing is informational—do not interpret the award alone as a buy/sell signal.