Garrett Motion officer sells 50,000 GTX shares
Garrett Motion Inc. (GTX) reported that officer Daniel Deiro, Senior Vice President, GCM & GM Japan/Korea, sold a total of 50,000 shares of common stock in early September 2026 under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Garrett Motion Inc. (GTX) reported that officer Daniel Deiro, Senior Vice President, GCM & GM Japan/Korea, sold a total of 50,000 shares of common stock in early September 2026 under a Rule 10b5-1 trading plan. The sales were executed in two open-market transactions at weighted average prices in the high-$26 range.
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Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 50,000 shares
Net Sell
2 txns
Insider
Deiro Daniel
Role
SVP, GCM & GM Japan/Korea
Sold
50,000 shs ($1.34M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 20,000 | $26.8909 | $538K |
| Sale | Common Stock F1 | 30,000 | $26.6981 | $801K |
Holdings After Transaction:
Common Stock — 113,783 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.40 to $27.03, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein and in footnote 2.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.59 to $27.12, inclusive.
Key Figures
Total shares sold: 50,000 shares
Shares sold on September 1, 2026: 30,000 shares
Weighted average price on September 1, 2026: $26.6981 per share
+2 more
5 metrics
Total shares sold
50,000 shares
Aggregate insider sales reported for early September 2026
Shares sold on September 1, 2026
30,000 shares
Open-market sale of Garrett Motion common stock
Weighted average price on September 1, 2026
$26.6981 per share
Multiple trades ranging from $26.40 to $27.03
Shares sold on September 2, 2026
20,000 shares
Open-market sale of Garrett Motion common stock
Weighted average price on September 2, 2026
$26.8909 per share
Multiple trades ranging from $26.59 to $27.12
Key Terms
weighted average price, Rule 10b5-1 trading plan
2 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Rule 10b5-1 trading plan regulatory
"The filing affirms the transactions were made under a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
What insider transactions did GTX report for Daniel Deiro in this Form 4?
Garrett Motion reported that officer Daniel Deiro sold a total of 50,000 shares of common stock in two open-market transactions on September 1 and September 2, 2026, executed under a Rule 10b5-1 trading plan.
Were Daniel Deiro’s GTX stock sales made under a Rule 10b5-1 plan?
Yes. The filing affirms that the reported transactions were conducted under a Rule 10b5-1 trading plan, indicating they were made pursuant to a pre-arranged trading program rather than discretionary timing.
AI-generated analysis. How Rhea-AI works. Not financial advice.