Garrett Motion SVP gets stock award, tax shares withheld
Garrett Motion Inc. reported that senior vice president Nils Eike-Christian Martens had 4,898 shares of common stock withheld on March 5, 2026 to cover taxes from the partial vesting of prior restricted stock unit awards.
Rhea-AI Filing Summary
Garrett Motion Inc. reported that senior vice president Nils Eike-Christian Martens had 4,898 shares of common stock withheld on March 5, 2026 to cover taxes from the partial vesting of prior restricted stock unit awards.
On the same date, he acquired a new grant of 15,417 restricted stock units under the company’s 2021 Long-term Incentive Plan. These units vest in three equal annual installments on the first, second, and third anniversaries of the grant date, contingent on his continued service, bringing his direct holdings to 49,778 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,898 | $18.87 | $92K |
| Grant/Award | Common Stock | 15,417 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GTX executive Nils Martens report on this Form 4?
Was the Garrett Motion (GTX) Form 4 a stock sale by the executive?
What stock award did GTX grant to Nils Martens on March 5, 2026?
How do the new restricted stock units for GTX’s Nils Martens vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.