STOCK TITAN

Garrett Motion (GTX) director receives 924 deferred stock units in lieu of cash fees

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

Rhea-AI Filing Summary

Camuti Paul A reported acquisition or exercise transactions in this Form 4 filing.

Garrett Motion Inc. director Paul A. Camuti received 924 deferred stock units of common stock as compensation for his service as a non-employee director. These units were granted under the company’s 2021 Long-term Incentive Plan in lieu of cash fees.

The deferred stock units vest immediately and will be settled in common shares upon a change in control of Garrett Motion or six months after Camuti ceases serving on the board. Following this award, his directly held common stock and deferred units reported in this filing total 41,390 shares.

Positive

  • None.

Negative

  • None.

Insights

Routine director equity grant with deferred settlement, neutral for shareholders.

Paul A. Camuti, a director of Garrett Motion Inc., received 924 deferred stock units as part of standard board compensation, replacing cash fees. The grant carries no cash exercise price, indicating it is a pure equity-based award rather than a market transaction.

The units vest immediately but are only delivered as common shares upon a change in control or six months after he leaves the board. This structure aligns director incentives with long-term company performance while deferring issuance. The award is small relative to his total 41,390 reported shares, making it a routine, non-disruptive event.

Insider Camuti Paul A
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 924 $0.00 --
Holdings After Transaction: Common Stock — 41,390 shares (Direct)
Footnotes (1)
  1. [object Object]
Deferred stock units granted 924 units Grant under 2021 Long-term Incentive Plan in lieu of cash fees
Price per unit $0.00 per share Equity compensation grant, not a market purchase
Holdings after grant 41,390 shares Total direct common stock and deferred units reported following transaction
Transaction code A Grant, award, or other acquisition of non-derivative common stock
deferred stock units financial
"Represents a grant of deferred stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
2021 Long-term Incentive Plan financial
"under the Garrett Motion Inc. 2021 Long-term Incentive Plan (the "Plan") in lieu of cash compensation"
Change in Control financial
"payable as common stock on the earlier to occur of (i) a Change in Control of the Issuer"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
non-employee director financial
"in lieu of cash compensation for service as a non-employee director"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED 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*
Camuti Paul A

(Last)(First)(Middle)
C/O GARRETT MOTION INC.
LA PIECE 16

(Street)
ROLLE1180

(City)(State)(Zip)

SWITZERLAND

(Country)
2. Issuer Name and Ticker or Trading Symbol
Garrett Motion Inc. [ GTX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026A924A(1)41,390D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Paul A. Camuti, by Patrick Foley as attorney-in-fact04/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Garrett Motion (GTX) director Paul A. Camuti acquire in this Form 4 filing?

Paul A. Camuti received 924 deferred stock units of Garrett Motion common stock. These were granted as compensation for his service as a non-employee director under the company’s 2021 Long-term Incentive Plan, instead of receiving equivalent cash fees.

Is Paul A. Camuti’s Form 4 transaction a market purchase or sale of GTX shares?

The transaction is not a market buy or sell. It is a grant of 924 deferred stock units with a zero dollar per-share price, issued as equity compensation for board service rather than an open-market transaction involving cash payments or proceeds.

How many Garrett Motion (GTX) shares does Paul A. Camuti hold after this grant?

After receiving the 924 deferred stock units, Paul A. Camuti’s total reported direct holdings are 41,390 shares of Garrett Motion common stock. This figure combines his existing position and the new units disclosed in this Form 4 filing.

When do Paul A. Camuti’s Garrett Motion deferred stock units vest and pay out?

The deferred stock units vest immediately upon grant. They are payable in Garrett Motion common stock upon the earlier of a change in control of the company or six months after Paul A. Camuti’s cessation of service on the board of directors.

Why did Garrett Motion grant deferred stock units instead of cash to its director?

Garrett Motion granted the 924 deferred stock units in lieu of cash compensation for non-employee director service. This approach shifts part of director pay into equity, helping align director interests with shareholders by tying compensation value to the company’s share performance.