Garrett Motion (GTX) SVP discloses 39,259-share equity stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Garrett Motion Inc. filed an initial ownership report showing that officer Nils Eike-Christian Martens beneficially owns equity tied to 39,259 shares of common stock. This consists of 11,560 shares plus unvested restricted stock units that are scheduled to vest over several years if he remains employed.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Martens Nils Eike-Christian
Role
SVP, Strat, Bus Dev, Adv Tech
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 39,259 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What does Garrett Motion (GTX) disclose in this Form 3 for Nils Eike-Christian Martens?
Garrett Motion reports that officer Nils Eike-Christian Martens beneficially owns equity linked to 39,259 shares of common stock. This is an initial ownership statement, not a new trade, detailing his existing stock and restricted stock unit holdings in the company.
What restricted stock units are reported for Garrett Motion (GTX) officer Martens?
The filing lists 11,232 unvested RSUs from a March 5, 2024 grant and 16,467 unvested RSUs from a March 5, 2025 grant. These units vest in scheduled annual installments, contingent on his continued service with Garrett Motion on each vesting date.
Does the Garrett Motion (GTX) Form 3 show any stock purchases or sales by Martens?
The Form 3 does not report any explicit stock purchases or sales by Martens. It is an initial statement of beneficial ownership, summarizing his existing common stock and restricted stock unit positions rather than documenting a new buy or sell transaction.
When do Nils Eike-Christian Martens’ Garrett Motion (GTX) RSUs vest?
The March 5, 2024 RSU award vests in two equal installments on the second and third anniversaries of that grant date. The March 5, 2025 RSU award vests in three equal installments on the first, second, and third anniversaries of its grant date.