Garrett Motion SVP awarded 79,195 performance shares
Garrett Motion Inc. senior vice president and chief human resources officer Fabrice Spenninck reported an equity award tied to company performance.
Rhea-AI Filing Summary
Garrett Motion Inc. senior vice president and chief human resources officer Fabrice Spenninck reported an equity award tied to company performance. He acquired 79,195 shares of common stock on February 11, 2026 at a price of $0 per share, reflecting the earning of performance-based stock units granted in February 2023. After this award, he directly beneficially owns 230,659 common shares. The board, following its Talent Management & Compensation Committee’s recommendation, certified that the performance goals were achieved, and the PSUs are scheduled to vest on February 17, 2026.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 79,195 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents 79,195 shares certified as earned with respect to an award of performance-based stock units ("PSUs") granted on February 17, 2023. The Issuer's Board of Directors, on the recommendation of its Talent Management & Compensation Committee, certified the achievement of the applicable performance metrics and goals on February 11, 2026 and the PSUs will vest, in accordance with their terms, on February 17, 2026.
FAQ
What insider transaction did GTX executive Fabrice Spenninck report?
What triggered the vesting of GTX performance-based stock units for the executive?
When were the GTX performance-based stock units originally granted to the executive?
What role does the GTX Talent Management & Compensation Committee play in these awards?
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