STOCK TITAN

Garrett Motion (GTX) CFO sees 14,951 shares withheld for RSU taxes

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

Rhea-AI Filing Summary

Garrett Motion Inc. senior vice president and chief financial officer Sean Deason reported a routine tax-withholding transaction related to equity compensation. On April 30, 2026, the company withheld 14,951 shares of common stock at $25.61 per share to cover taxes from a partial vesting of restricted stock units granted on May 26, 2021. After this non‑market disposition, Deason directly holds 371,909 shares of Garrett Motion common stock.

Positive

  • None.

Negative

  • None.

Insights

Routine tax withholding on RSU vesting; no open-market trade.

The filing shows Garrett Motion CFO Sean Deason had 14,951 shares withheld at $25.61 per share to pay tax liability from partially vested restricted stock units. This is compensation mechanics, not a discretionary sale.

Because the shares were retained by Garrett Motion Inc. for taxes, there was no open-market buying or selling signal. Deason’s direct position remains sizable at 371,909 shares, so the transaction looks like a standard equity award vesting event rather than a shift in outlook.

Insider Deason Sean
Role SVP & Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock 14,951 $25.61 $383K
Holdings After Transaction: Common Stock — 371,909 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 14,951 shares Withheld on April 30, 2026 for RSU tax liability
Withholding price per share $25.61 per share Value used for tax-withholding disposition
Shares held after transaction 371,909 shares Direct common stock holdings after April 30, 2026
restricted stock units financial
"partial vesting of restricted stock units granted on May 26, 2021"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"for payment of the tax liability incurred upon the partial vesting"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
SEC Form 4
FORM 4UNITED 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*
Deason Sean

(Last)(First)(Middle)
C/O GARRETT MOTION INC.
LA PIECE 16

(Street)
ROLLE1180

(City)(State)(Zip)

SWITZERLAND

(Country)
2. Issuer Name and Ticker or Trading Symbol
Garrett Motion Inc. [ GTX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/30/2026F(1)14,951D$25.61371,909D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 May 26, 2021.
/s/ Sean Deason, by Patrick Foley as Attorney-in-Fact05/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Garrett Motion (GTX) report for CFO Sean Deason?

Garrett Motion reported that CFO Sean Deason had 14,951 shares of common stock withheld at $25.61 per share. These shares covered taxes owed on a partial vesting of restricted stock units granted in May 2021, rather than representing an open-market stock sale.

Was the Garrett Motion (GTX) CFO’s Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. Garrett Motion withheld 14,951 shares from CFO Sean Deason to satisfy tax obligations on vesting restricted stock units, meaning the shares went back to the company instead of being sold in the market.

How many Garrett Motion (GTX) shares does CFO Sean Deason hold after this Form 4?

After the tax-withholding transaction, CFO Sean Deason directly holds 371,909 shares of Garrett Motion common stock. This figure reflects his position following the 14,951 shares withheld by the company to pay taxes on partially vested restricted stock units.

What triggered the share withholding reported in Garrett Motion (GTX) CFO’s Form 4?

The withholding was triggered by the partial vesting of restricted stock units granted to CFO Sean Deason on May 26, 2021. When those RSUs vested, Garrett Motion retained 14,951 shares to cover his tax liability, as is common in equity-based executive compensation programs.

Does the Garrett Motion (GTX) Form 4 suggest a change in the CFO’s investment view?

The Form 4 does not suggest a change in the CFO’s investment view. It documents 14,951 shares withheld solely for tax payments on RSU vesting, while Deason continues to directly own 371,909 shares, indicating a largely unchanged equity stake in Garrett Motion.