Garrett Motion (GTX) CEO earns 456,461 performance-based shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Garrett Motion Inc. President and CEO Olivier Rabiller acquired 456,461 shares of common stock on February 11, 2026 through a performance-based stock unit award. The shares were certified as earned after the board confirmed that required performance goals were met.
The PSUs were originally granted on February 17, 2023 and are scheduled to vest on February 17, 2026 in line with their terms. Following this award, Rabiller directly beneficially owns 1,568,509 shares of Garrett Motion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rabiller Olivier
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 456,461 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,568,509 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did GTX President & CEO Olivier Rabiller report?
Olivier Rabiller reported acquiring 456,461 Garrett Motion common shares via a performance-based stock unit award. The award was certified as earned after performance goals were achieved, increasing his directly owned stake to 1,568,509 shares.
When will the newly earned GTX performance-based stock units vest?
The performance-based stock units earned by Garrett Motion’s CEO are scheduled to vest on February 17, 2026. This vesting date aligns with the original terms of the PSU grant made on February 17, 2023, following certification of performance on February 11, 2026.
What type of equity award did Garrett Motion (GTX) use for this CEO grant?
Garrett Motion used performance-based stock units (PSUs) for this CEO grant. The 456,461 shares were certified as earned only after the board confirmed that specific performance metrics and goals tied to the February 17, 2023 award were achieved.