Garrett Motion Inc.: director Joachim Drees received 1,310 shares

What happened Joachim Drees, a director of Garrett Motion Inc., received 1,310 deferred stock units (reported as an acquisition) on Oct 1, 2026. The filing lists the price and aggregate value as N/A.

Key details

• Transaction date: Oct 1, 2026; price: N/A.
• Form 4 filed Oct 5, 2026.
• Shares owned after the transaction: not reported in the filing.
• Footnote: the grant represents deferred stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan granted in lieu of cash compensation for service as a non-employee director. The deferred stock units vest immediately and are payable as common stock on the earlier of (i) a Change in Control of the issuer or (ii) the 6-month anniversary of the reporting person's cessation of service on the board.

Why it may matter This was a grant of deferred stock units, not an open-market purchase or sale, and payment in common stock is deferred until specified events. This filing does not show why the insider traded or why the company acted.