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Garrett Motion (GTX) CEO earns 456,461 performance-based shares

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(Neutral)
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(Neutral)
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.

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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*
Rabiller Olivier

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026
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 02/11/2026 A(1) 456,461 A $0 1,568,509 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 456,461 shares certified as earned with respect to an award of performance-based stock units ("PSUs") granted on February 17, 2023. The Issuer's Board of Directors, on the recommendation of its Talent Management & Compensation Committee, certified the achievement of the applicable performance metrics and goals on February 11, 2026 and the PSUs will vest, in accordance with their terms, on February 17, 2026.
/s/ Olivier Rabiller, by Patrick Foley as Attorney-in-Fact 02/13/2026
** 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 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.

How many Garrett Motion (GTX) shares does the CEO own after this transaction?

After this transaction, CEO Olivier Rabiller beneficially owns 1,568,509 shares of Garrett Motion common stock. This total reflects the addition of 456,461 shares from a certified performance-based stock unit award granted in February 2023.

What triggered the 456,461-share PSU award for Garrett Motion’s CEO?

The 456,461-share award was triggered when Garrett Motion’s board certified that performance metrics for a February 17, 2023 PSU grant were achieved. On February 11, 2026, the board confirmed goal attainment, causing the performance-based units to be earned.

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.

Was cash paid for the 456,461 Garrett Motion shares acquired by the CEO?

No cash was paid for these 456,461 shares, which were acquired at a stated price of $0 per share. They represent stock earned under a performance-based stock unit award rather than an open-market purchase transaction.

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.
Garrett Motion

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