Garrett Motion (GTX) CFO gets RSU grant as shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Garrett Motion Inc. reported that SVP & Chief Financial Officer Sean Deason had routine equity-compensation transactions in common stock. On March 5, 2026, 19,268 shares were disposed of at $18.87 per share to cover taxes due on partially vesting restricted stock units previously granted on March 5, 2024 and March 5, 2025. The same day, Deason acquired 33,336 restricted stock units for no cash cost under the Garrett Motion Inc. 2021 Long-term Incentive Plan, which will vest in three equal annual installments if he continues in service. Following these transactions, he held 386,860 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Deason Sean
Role
SVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 19,268 | $18.87 | $364K |
| Grant/Award | Common Stock | 33,336 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 353,524 shares (Direct)
Footnotes (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 March 5, 2024 and March 5, 2025. Represents a grant of restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan. The restricted stock units vest in three equal annual installments on the first, second and third anniversary of the grant date, subject to the reporting person's continued service.
FAQ
What insider transactions did GTX CFO Sean Deason report on this Form 4?
Sean Deason reported a routine tax-related share disposition and a new equity award. Shares were withheld to cover taxes on vesting restricted stock units, and he received a fresh restricted stock unit grant under Garrett Motion’s 2021 long-term incentive plan.
What equity award did Garrett Motion (GTX) grant to CFO Sean Deason?
Sean Deason received a grant of 33,336 restricted stock units under Garrett Motion Inc.’s 2021 Long-term Incentive Plan. The award carries no cash exercise price and represents part of his stock-based compensation package from the company.
What are the vesting terms of Sean Deason’s new restricted stock units at GTX?
The 33,336 restricted stock units vest in three equal annual installments. Vesting occurs on the first, second and third anniversaries of the grant date, and depends on Sean Deason’s continued service with Garrett Motion Inc.