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Garrett Motion (GTX) HR chief granted 17,713 RSUs, 9,214 shares withheld for tax

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Garrett Motion Inc. senior vice president and chief human resources officer Fabrice Spenninck reported routine equity compensation activity involving common stock. On March 5, 2026, the company withheld 9,214 shares at $18.87 per share to cover taxes triggered by the partial vesting of previously granted restricted stock units.

On the same date, Spenninck received a new award of 17,713 restricted stock units at a grant price of $0.00 under the Garrett Motion Inc. 2021 Long‑term Incentive Plan. These restricted stock units vest in three equal annual installments on the first, second, and third anniversaries of the grant date, subject to his continued service. Following these transactions, his directly held common stock increased to 159,738 shares.

Positive

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Spenninck Fabrice

(Last) (First) (Middle)
C/O GARRETT MOTION INC.
LA PIECE 16

(Street)
ROLLE V8 1180

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Garrett Motion Inc. [ GTX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & Chief Human Res. Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/05/2026 F(1) 9,214 D $18.87 142,025 D
Common Stock 03/05/2026 A(2) 17,713 A $0 159,738 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by Garrett Motion Inc. for payment of the tax liability incurred upon the partial vesting of restricted stock units granted on March 5, 2024 and March 5, 2025.
2. Represents a grant of restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan. The restricted stock units vest in three equal annual installments on the first, second and third anniversary of the grant date, subject to the reporting person's continued service.
/s/ Fabrice Spenninck, by Patrick Foley as Attorney-in-Fact 03/09/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did GTX executive Fabrice Spenninck report on March 5, 2026?

Fabrice Spenninck reported a tax-related share withholding and a new equity grant. Garrett Motion withheld 9,214 common shares for taxes and granted 17,713 restricted stock units under its 2021 Long-term Incentive Plan on that date.

Was the Garrett Motion (GTX) Form 4 a market sale by Fabrice Spenninck?

The Form 4 did not show an open-market sale. It disclosed 9,214 common shares withheld by Garrett Motion to cover tax liabilities from vesting restricted stock units, plus a new grant of 17,713 restricted stock units as equity compensation.

How many Garrett Motion shares does Fabrice Spenninck hold after this Form 4?

After the reported transactions, Fabrice Spenninck directly holds 159,738 shares of Garrett Motion common stock. This reflects both the 9,214 shares withheld for taxes and the 17,713-share restricted stock unit grant reported on March 5, 2026.

What are the vesting terms of Fabrice Spenninck’s 17,713 GTX restricted stock units?

The 17,713 restricted stock units vest in three equal annual installments. They vest on the first, second, and third anniversaries of the March 5, 2026 grant date, and vesting is conditioned on Fabrice Spenninck’s continued service with Garrett Motion.

Under which plan were Fabrice Spenninck’s new GTX restricted stock units granted?

The new restricted stock units were granted under the Garrett Motion Inc. 2021 Long-term Incentive Plan. The award totals 17,713 units, vests over three years in equal installments, and is structured as part of Spenninck’s ongoing equity-based compensation.

What do the tax-withholding shares on Garrett Motion’s Form 4 represent?

The 9,214 withheld shares represent stock retained by Garrett Motion to pay income tax due on partially vesting restricted stock units. These units were originally granted on March 5, 2024 and March 5, 2025, and the withholding avoids a separate cash tax payment.
Garrett Motion

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