Garrett Motion grants Drees 1,310 stock units
The units are payable as common stock at the earlier of a Change in Control or the six-month anniversary of Drees's Board service ending.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Garrett Motion Inc. director Joachim Drees received a grant of 1,310 deferred stock units on October 1, 2026, in lieu of cash compensation for service as a non-employee director. The units vested immediately. His reported direct holdings following the transaction were 43,548 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,310 | -- | -- |
Footnotes (1)
- F1. Represents a grant of deferred stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan (the "Plan") in lieu of cash compensation for service as a non-employee director. The deferred stock units vest immediately upon grant and are payable as common stock on the earlier to occur of (i) a Change in Control of the Issuer (as defined in the Plan) or (ii) the six-month anniversary of the reporting person's cessation of service on the Board of Directors.
Key Figures
Key Terms
deferred stock units financial
Long-term Incentive Plan financial
Change in Control financial
FAQ
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How many deferred stock units did GTX director Joachim Drees receive?
When are Joachim Drees's GTX deferred stock units payable?
AI-generated analysis. How Rhea-AI works. Not financial advice.