STOCK TITAN

[Form 4] Garrett Motion Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Garrett Motion Inc. (GTX) – Form 4 filed 07/23/2025. 10% owner Cyrus Capital Partners, L.P., its GP and CIO Stephen C. Freidheim reported two open-market sales of common stock.

  • 07/21/2025: 43 shares sold at $11.76.
  • 07/23/2025: 58,829 shares sold at a weighted-average $11.7977 (prices $11.75–$11.865).

Post-transaction indirect holdings fell from 22,905,824 to 22,846,995 shares, a reduction of roughly 0.26 % of their position. No derivative securities were reported. Each Reporting Person disclaims beneficial ownership beyond its pecuniary interest. The filing reflects routine portfolio activity rather than a strategic shift; the group remains a significant shareholder with an estimated $270 m position at the reported price level.

Garrett Motion Inc. (GTX) – Modulo 4 depositato il 23/07/2025. Il detentore del 10%, Cyrus Capital Partners, L.P., insieme al suo GP e CIO Stephen C. Freidheim, ha comunicato due vendite di azioni ordinarie sul mercato aperto.

  • 21/07/2025: vendute 43 azioni a 11,76 $ ciascuna.
  • 23/07/2025: vendute 58.829 azioni a un prezzo medio ponderato di 11,7977 $ (prezzi tra 11,75 e 11,865 $).

Dopo le transazioni, le partecipazioni indirette sono diminuite da 22.905.824 a 22.846.995 azioni, una riduzione di circa lo 0,26% della loro posizione. Non sono stati segnalati strumenti derivati. Ogni persona segnalante nega la titolarità effettiva oltre l'interesse pecuniario. La comunicazione riflette un'attività di portafoglio di routine piuttosto che un cambiamento strategico; il gruppo rimane un azionista significativo con una posizione stimata di circa 270 milioni di dollari al livello di prezzo riportato.

Garrett Motion Inc. (GTX) – Formulario 4 presentado el 23/07/2025. El propietario del 10%, Cyrus Capital Partners, L.P., junto con su GP y CIO Stephen C. Freidheim, informó dos ventas de acciones ordinarias en el mercado abierto.

  • 21/07/2025: 43 acciones vendidas a 11,76 $ cada una.
  • 23/07/2025: 58.829 acciones vendidas a un precio promedio ponderado de 11,7977 $ (precios entre 11,75 y 11,865 $).

Tras la transacción, las participaciones indirectas cayeron de 22.905.824 a 22.846.995 acciones, una reducción de aproximadamente el 0,26% de su posición. No se reportaron valores derivados. Cada persona que reporta niega la propiedad beneficiosa más allá de su interés pecuniario. La presentación refleja una actividad rutinaria de cartera más que un cambio estratégico; el grupo sigue siendo un accionista significativo con una posición estimada de unos 270 millones de dólares al nivel de precio informado.

Garrett Motion Inc. (GTX) – 2025년 7월 23일 제출된 Form 4. 10% 지분 보유자인 Cyrus Capital Partners, L.P.와 그 GP 겸 CIO인 Stephen C. Freidheim가 두 차례의 보통주 공개시장 매도를 보고했습니다.

  • 2025년 7월 21일: 43주를 주당 11.76달러에 매도.
  • 2025년 7월 23일: 58,829주를 가중평균 주가 11.7977달러(가격 범위 11.75~11.865달러)에 매도.

거래 후 간접 보유 주식 수는 22,905,824주에서 22,846,995주로 감소했으며, 이는 보유 지분의 약 0.26%에 해당합니다. 파생상품은 보고되지 않았습니다. 각 보고자는 금전적 이익 이상으로 실질적 소유권을 부인합니다. 이번 신고는 전략적 변화보다는 일상적인 포트폴리오 활동을 반영하며, 해당 그룹은 보고된 가격 수준에서 약 2억 7천만 달러 규모의 중요한 주주로 남아 있습니다.

Garrett Motion Inc. (GTX) – Formulaire 4 déposé le 23/07/2025. Le détenteur de 10%, Cyrus Capital Partners, L.P., ainsi que son GP et CIO Stephen C. Freidheim, ont déclaré deux ventes d'actions ordinaires sur le marché libre.

  • 21/07/2025 : 43 actions vendues à 11,76 $ chacune.
  • 23/07/2025 : 58 829 actions vendues à un prix moyen pondéré de 11,7977 $ (prix entre 11,75 et 11,865 $).

Après la transaction, les participations indirectes sont passées de 22 905 824 à 22 846 995 actions, soit une réduction d'environ 0,26 % de leur position. Aucun instrument dérivé n'a été déclaré. Chaque personne déclarant nie toute propriété bénéficiaire au-delà de son intérêt pécuniaire. Le dépôt reflète une activité de portefeuille de routine plutôt qu'un changement stratégique ; le groupe reste un actionnaire important avec une position estimée à environ 270 millions de dollars au niveau de prix indiqué.

Garrett Motion Inc. (GTX) – Formular 4 eingereicht am 23.07.2025. Der 10%-Eigentümer Cyrus Capital Partners, L.P. sowie dessen GP und CIO Stephen C. Freidheim meldeten zwei Verkäufe von Stammaktien am offenen Markt.

  • 21.07.2025: 43 Aktien zu je 11,76 $ verkauft.
  • 23.07.2025: 58.829 Aktien zu einem gewichteten Durchschnittspreis von 11,7977 $ (Preisspanne 11,75–11,865 $) verkauft.

Nach der Transaktion sanken die indirekten Beteiligungen von 22.905.824 auf 22.846.995 Aktien, eine Verringerung von etwa 0,26% ihrer Position. Es wurden keine Derivate gemeldet. Jede meldende Person bestreitet einen wirtschaftlichen Eigentum über ihr finanzielles Interesse hinaus. Die Meldung spiegelt eine routinemäßige Portfolioaktivität wider und keinen strategischen Wandel; die Gruppe bleibt ein bedeutender Aktionär mit einer geschätzten Position von rund 270 Mio. $ zum gemeldeten Kursniveau.

Positive
  • None.
Negative
  • Insider selling: The reporting group trimmed 58,872 shares, a modest but negative signal, even if only 0.26 % of its position.

Insights

TL;DR: Very small insider sale; ownership remains >22.8 m shares—impact is negligible.

The disposal of 58.9 k shares versus a 22.9 m-share stake represents immaterial 0.26 % trimming. Such de-minimis transactions often relate to fund-level liquidity management rather than a change in thesis. GTX still counts Cyrus Capital as a major holder, limiting negative signalling. Valuation context: at ~$11.80, the fund realises ~$700 k in proceeds, leaving an implied $270 m exposure. Overall sentiment: neutral with a slight negative bias due to the direction of trade.

TL;DR: Filing shows compliance and transparency; no governance red flags.

Cyrus Capital properly aggregated group holdings, provided weighted-average price ranges and affirmed willingness to supply detailed trade data—hallmarks of good Section 16 practice. No exemptions or derivative instruments suggest complex hedging. The continuing 10 %-owner status maintains reporting obligations, keeping investors well-informed. Transaction size is non-material, so governance risk remains unchanged.

Garrett Motion Inc. (GTX) – Modulo 4 depositato il 23/07/2025. Il detentore del 10%, Cyrus Capital Partners, L.P., insieme al suo GP e CIO Stephen C. Freidheim, ha comunicato due vendite di azioni ordinarie sul mercato aperto.

  • 21/07/2025: vendute 43 azioni a 11,76 $ ciascuna.
  • 23/07/2025: vendute 58.829 azioni a un prezzo medio ponderato di 11,7977 $ (prezzi tra 11,75 e 11,865 $).

Dopo le transazioni, le partecipazioni indirette sono diminuite da 22.905.824 a 22.846.995 azioni, una riduzione di circa lo 0,26% della loro posizione. Non sono stati segnalati strumenti derivati. Ogni persona segnalante nega la titolarità effettiva oltre l'interesse pecuniario. La comunicazione riflette un'attività di portafoglio di routine piuttosto che un cambiamento strategico; il gruppo rimane un azionista significativo con una posizione stimata di circa 270 milioni di dollari al livello di prezzo riportato.

Garrett Motion Inc. (GTX) – Formulario 4 presentado el 23/07/2025. El propietario del 10%, Cyrus Capital Partners, L.P., junto con su GP y CIO Stephen C. Freidheim, informó dos ventas de acciones ordinarias en el mercado abierto.

  • 21/07/2025: 43 acciones vendidas a 11,76 $ cada una.
  • 23/07/2025: 58.829 acciones vendidas a un precio promedio ponderado de 11,7977 $ (precios entre 11,75 y 11,865 $).

Tras la transacción, las participaciones indirectas cayeron de 22.905.824 a 22.846.995 acciones, una reducción de aproximadamente el 0,26% de su posición. No se reportaron valores derivados. Cada persona que reporta niega la propiedad beneficiosa más allá de su interés pecuniario. La presentación refleja una actividad rutinaria de cartera más que un cambio estratégico; el grupo sigue siendo un accionista significativo con una posición estimada de unos 270 millones de dólares al nivel de precio informado.

Garrett Motion Inc. (GTX) – 2025년 7월 23일 제출된 Form 4. 10% 지분 보유자인 Cyrus Capital Partners, L.P.와 그 GP 겸 CIO인 Stephen C. Freidheim가 두 차례의 보통주 공개시장 매도를 보고했습니다.

  • 2025년 7월 21일: 43주를 주당 11.76달러에 매도.
  • 2025년 7월 23일: 58,829주를 가중평균 주가 11.7977달러(가격 범위 11.75~11.865달러)에 매도.

거래 후 간접 보유 주식 수는 22,905,824주에서 22,846,995주로 감소했으며, 이는 보유 지분의 약 0.26%에 해당합니다. 파생상품은 보고되지 않았습니다. 각 보고자는 금전적 이익 이상으로 실질적 소유권을 부인합니다. 이번 신고는 전략적 변화보다는 일상적인 포트폴리오 활동을 반영하며, 해당 그룹은 보고된 가격 수준에서 약 2억 7천만 달러 규모의 중요한 주주로 남아 있습니다.

Garrett Motion Inc. (GTX) – Formulaire 4 déposé le 23/07/2025. Le détenteur de 10%, Cyrus Capital Partners, L.P., ainsi que son GP et CIO Stephen C. Freidheim, ont déclaré deux ventes d'actions ordinaires sur le marché libre.

  • 21/07/2025 : 43 actions vendues à 11,76 $ chacune.
  • 23/07/2025 : 58 829 actions vendues à un prix moyen pondéré de 11,7977 $ (prix entre 11,75 et 11,865 $).

Après la transaction, les participations indirectes sont passées de 22 905 824 à 22 846 995 actions, soit une réduction d'environ 0,26 % de leur position. Aucun instrument dérivé n'a été déclaré. Chaque personne déclarant nie toute propriété bénéficiaire au-delà de son intérêt pécuniaire. Le dépôt reflète une activité de portefeuille de routine plutôt qu'un changement stratégique ; le groupe reste un actionnaire important avec une position estimée à environ 270 millions de dollars au niveau de prix indiqué.

Garrett Motion Inc. (GTX) – Formular 4 eingereicht am 23.07.2025. Der 10%-Eigentümer Cyrus Capital Partners, L.P. sowie dessen GP und CIO Stephen C. Freidheim meldeten zwei Verkäufe von Stammaktien am offenen Markt.

  • 21.07.2025: 43 Aktien zu je 11,76 $ verkauft.
  • 23.07.2025: 58.829 Aktien zu einem gewichteten Durchschnittspreis von 11,7977 $ (Preisspanne 11,75–11,865 $) verkauft.

Nach der Transaktion sanken die indirekten Beteiligungen von 22.905.824 auf 22.846.995 Aktien, eine Verringerung von etwa 0,26% ihrer Position. Es wurden keine Derivate gemeldet. Jede meldende Person bestreitet einen wirtschaftlichen Eigentum über ihr finanzielles Interesse hinaus. Die Meldung spiegelt eine routinemäßige Portfolioaktivität wider und keinen strategischen Wandel; die Gruppe bleibt ein bedeutender Aktionär mit einer geschätzten Position von rund 270 Mio. $ zum gemeldeten Kursniveau.

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).
1. Name and Address of Reporting Person*
CYRUS CAPITAL PARTNERS, L.P.

(Last) (First) (Middle)
65 EAST 55 STREET
35TH FLOOR

(Street)
NEW YORK NY 10022

(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)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/21/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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 07/21/2025 S 43 D $11.76 22,905,824 I See footnotes(1)(2)
Common Stock 07/23/2025 S 58,829 D $11.7977(3) 22,846,995 I See footnotes(1)(2)
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
1. Name and Address of Reporting Person*
CYRUS CAPITAL PARTNERS, L.P.

(Last) (First) (Middle)
65 EAST 55 STREET
35TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
FREIDHEIM STEPHEN C

(Last) (First) (Middle)
C/O CYRUS CAPITAL PARTNERS, L.P.
65 EAST 55TH STREET, 35TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
CYRUS CAPITAL PARTNERS GP, LLC

(Last) (First) (Middle)
65 EAST 55TH STREET, 35TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. These securities of the Company are beneficially owned by (i) Cyrus Capital Partners, L.P. ("Cyrus Capital Partners"), as a result of being the investment manager of certain private investment funds that directly hold the securities, including Cyrus 1740 Master Fund, L.P., Canary SC Master Fund, L.P., Cyrus Opportunities Master Fund II, Ltd., Crescent 1, L.P., CRS Master Fund, L.P., Cyrus Select Opportunities Master Fund, Ltd., Cyrus Select Opportunities Master Fund II, L.P., Peterson Capital Investors LLC, and PJ A Capital LLC (the "Cyrus Funds"), (ii) Cyrus Capital Partners GP, L.L.C. ("Cyrus Capital GP"), as a result of being the sole general partner of Cyrus Capital Partners, and (iii) Stephen C. Freidheim, as a result of being the Chief Investment Officer of Cyrus Capital Partners and the sole member and manager of Cyrus Capital GP (collectively, the "Reporting Persons").
2. (Continued from footnote 1) Each of the Reporting Persons disclaims beneficial ownership of any securities reported by any person except to the extent of his or its pecuniary interest therein, if any.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.75 to $11.865, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Cyrus Capital Partners, L.P., By: Cyrus Capital Partners GP, L.L.C., its general partner, By: /s/ Stephen C. Freidheim, Stephen C. Freidheim, its Sole Member/Manager 07/23/2025
Cyrus Capital Partners GP, L.L.C., By: /s/ Stephen C. Freidheim, Stephen C. Freidheim, its Sole Member/Manager 07/23/2025
/s/ Stephen C. Freidheim 07/23/2025
** 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

How many Garrett Motion (GTX) shares did Cyrus Capital sell?

58,872 shares were sold – 43 on 07/21/25 and 58,829 on 07/23/25.

What was the average selling price of the GTX shares?

The weighted-average price on 07/23/25 was $11.7977; the 07/21/25 sale was at $11.76.

How many GTX shares does Cyrus Capital still own after the sale?

They report indirect beneficial ownership of 22,846,995 GTX common shares.

Does this Form 4 include any derivative transactions?

No. Table II shows no derivatives acquired or disposed.

Why is the impact of this insider sale considered minor?

The sale represents only 0.26 % of their holdings, indicating no significant change in investment stance.
Garrett Motion

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