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Garrett Motion (GTX) VP reports 8,566 RSU award and 545-share tax withholding

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

Rhea-AI Filing Summary

Garrett Motion Inc. executive Joanne Lau, VP, CAO and Controller, reported routine equity compensation activity involving company common stock. On March 5, she had 545 shares of common stock withheld by Garrett Motion Inc. to cover taxes owed from the partial vesting of previously granted restricted stock units from March 5, 2024 and March 5, 2025. On the same date, she received a new grant of 8,566 restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan at no cash cost. These restricted stock units vest in three equal annual installments on the first, second and third anniversaries of the grant date, subject to her continued service. After these transactions, she directly held 142,971 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*
LAU JOANNE

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, CAO and Controller
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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 03/05/2026 F(1) 545 D $18.87 134,405 D
Common Stock 03/05/2026 A(2) 8,566 A $0 142,971 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 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.
2. 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.
/s/ Joanne Lau, by Patrick Foley as Attorney-in-Fact 03/09/2026
** 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 transactions did GTX executive Joanne Lau report?

Joanne Lau reported a tax-related share withholding and a new stock award. Garrett Motion withheld 545 shares to cover RSU vesting taxes, and she received 8,566 new restricted stock units that will vest over three years, subject to continued service.

How many Garrett Motion (GTX) shares were withheld for taxes?

Garrett Motion withheld 545 common shares for tax obligations. These shares covered the tax liability from the partial vesting of restricted stock units originally granted on March 5, 2024 and March 5, 2025, rather than representing an open-market stock sale.

What equity award did Joanne Lau receive from Garrett Motion (GTX)?

She received a grant of 8,566 restricted stock units. The award was granted under the Garrett Motion Inc. 2021 Long-term Incentive Plan and carries no purchase price, functioning as stock-based compensation for her executive role at the company.

How do Joanne Lau’s new GTX restricted stock units vest?

The 8,566 restricted stock units vest in three equal annual installments. Vesting occurs on the first, second, and third anniversaries of the grant date, and each installment is conditioned on her continued service with Garrett Motion through the applicable vesting date.

How many Garrett Motion (GTX) shares does Joanne Lau hold after these transactions?

After these transactions, Joanne Lau directly held 142,971 common shares. This figure reflects the net result of the 545-share tax withholding and the 8,566-share restricted stock unit grant reported for March 5, in her capacity as an executive officer.

Was Joanne Lau’s GTX share withholding an open-market stock sale?

No, the 545-share reduction was a tax-withholding disposition. Garrett Motion retained these shares to pay taxes due on the vesting of prior restricted stock units, rather than selling shares in the open market for discretionary cash proceeds.
Garrett Motion

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