STOCK TITAN

Garrett Motion (NYSE: GTX) SVP receives stock grant, shares withheld for taxes

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

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.
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*
Martens Nils Eike-Christian

(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, Strat, Bus Dev, Adv Tech
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) 4,898 D $18.87 34,361 D
Common Stock 03/05/2026 A(2) 15,417 A $0 49,778 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/ Nils Martens, 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 Nils Martens report on this Form 4?

Nils Martens reported a tax-withholding disposition of 4,898 Garrett Motion shares and an award of 15,417 restricted stock units. Both transactions occurred on March 5, 2026 and relate to his equity compensation as a senior vice president at the company.

Was the Garrett Motion (GTX) Form 4 a stock sale by the executive?

The Form 4 shows a tax-withholding disposition, not an open-market sale. Garrett Motion withheld 4,898 shares to cover taxes from vesting restricted stock units, a common administrative step when equity awards partially vest for senior employees.

What stock award did GTX grant to Nils Martens on March 5, 2026?

Garrett Motion granted Nils Martens 15,417 restricted stock units under its 2021 Long-term Incentive Plan. These units represent a share-based compensation award intended to align his interests with shareholders through multi-year vesting tied to continued service at the company.

How do the new restricted stock units for GTX’s Nils Martens vest?

The 15,417 restricted stock units vest in three equal annual installments. Vesting occurs on the first, second, and third anniversaries of the March 5, 2026 grant date, and each tranche requires Nils Martens to remain in service with Garrett Motion.

How many Garrett Motion (GTX) shares does Nils Martens hold after these transactions?

After the reported March 5, 2026 transactions, Nils Martens directly holds 49,778 shares of Garrett Motion common stock. This figure reflects both the tax-related share withholding and the new restricted stock unit grant reported in the Form 4 filing.
Garrett Motion

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