NINIVAGGI DANIEL A 4

What Happened
Daniel A. Ninivaggi, a member of Garrett Motion Inc.'s Board of Directors, was granted 1,042 deferred stock units (transaction code A) on 2026-07-01. No purchase price or immediate cash value is reported — this is a compensation award rather than an open-market trade.

Key Details

• Transaction date: 2026-07-01; Form 4 filed 2026-07-06 (filed 5 days after the transaction — later than the usual two-business-day filing requirement).
• Shares/units granted: 1,042 deferred stock units. Price per unit: N/A (award).
• Shares owned after the transaction: not reported on this filing.
• Footnote: The units vest immediately but are payable as common stock on the earlier of (i) a Change in Control of Garrett Motion or (ii) six months after the reporting person's cessation of board service.
• Transaction type: Award/Grant (not a buy or sell), so it reflects compensation rather than a trading signal.

Context
Deferred stock units awarded to directors are a form of compensation. Because payout is deferred and tied to a change-in-control or post-service timing, this grant does not represent an immediate purchase or sale of shares and should not be interpreted as a direct bullish or bearish trade by the insider.