Garrett Motion (GTX) SVP has shares withheld to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Garrett Motion Inc. senior vice president Thierry Mabru reported tax-withholding dispositions of company common stock tied to equity awards. On February 17, 2026, Garrett Motion withheld 6,561 shares at $20.62 per share for taxes on partially vesting restricted stock units and 48,907 shares at $20.62 per share for taxes on vesting performance-based stock units granted on February 17, 2023. After these withholding transactions, Mabru directly owned 214,023 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mabru Thierry
Role
SVP, Integrated Supply Chain
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,561 | $20.62 | $135K |
| Tax Withholding | Common Stock | 48,907 | $20.62 | $1.01M |
Holdings After Transaction:
Common Stock — 262,930 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 February 17, 2023. Represents shares withheld by Garrett Motion Inc. for payment of the tax liability incurred upon the vesting of performance-based stock units granted on February 17, 2023.
FAQ
What insider transaction did Garrett Motion (GTX) report for Thierry Mabru?
Garrett Motion reported that SVP Thierry Mabru had company shares withheld to cover tax liabilities from vesting equity awards. The transactions used common stock to pay taxes rather than involving an open-market stock sale.
Does the Garrett Motion (GTX) Form 4 show an open-market sale by Thierry Mabru?
No, the Form 4 shows tax-withholding dispositions, not open-market sales. Shares were withheld by Garrett Motion to pay tax liabilities arising from vesting restricted stock units and performance-based stock units granted on February 17, 2023.
What equity awards triggered the Garrett Motion (GTX) tax-withholding transactions?
The tax-withholding transactions were triggered by a partial vesting of restricted stock units and vesting of performance-based stock units. Both award types were originally granted to Thierry Mabru on February 17, 2023 by Garrett Motion.