Garrett Motion (GTX) director granted 3,951 RSUs under 2021 incentive plan
Rhea-AI Filing Summary
Garrett Motion Inc. director Dave J. Crompton reported an acquisition of 3,951 shares of Common Stock on 2026-08-06 through a grant of restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan. These restricted stock units vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, subject to his continued service and in connection with certain separations from service. Following this grant, Crompton holds 3,951 shares of Garrett Motion Inc. common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,951 shares
Net Buy
1 txn
Insider
Crompton Dave J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,951 | -- | -- |
Holdings After Transaction:
Common Stock — 3,951 shares (Direct)
Footnotes (1)
- F1. Represents a grant of restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan. The restricted stock units vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of the Issuer's stockholders, subject to the reporting person's continued service and in connection with certain separations from service.
Key Figures
RSUs granted: 3,951 shares
Shares owned after grant: 3,951 shares
Transaction date: 2026-08-06
3 metrics
RSUs granted
3,951 shares
Restricted stock units of Common Stock granted to director on 2026-08-06
Shares owned after grant
3,951 shares
Total direct Common Stock holdings reported for Dave J. Crompton following the transaction
Transaction date
2026-08-06
Date of restricted stock unit grant acquisition reported on Form 4
Key Terms
restricted stock units, 2021 Long-term Incentive Plan, vesting, separations from service
4 terms
restricted stock units financial
"Represents a grant of restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2021 Long-term Incentive Plan financial
"Represents a grant of restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan."
vesting financial
"The restricted stock units vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
separations from service financial
"Subject to the reporting person's continued service and in connection with certain separations from service."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did GTX report for Dave J. Crompton?
Garrett Motion Inc. (GTX) reported that director Dave J. Crompton received 3,951 shares of Common Stock via a grant of restricted stock units. The award is part of the company’s 2021 Long-term Incentive Plan and was reported as a direct holding.
What is the vesting schedule for Dave J. Crompton’s GTX restricted stock units?
Crompton’s restricted stock units vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of Garrett Motion Inc. stockholders, subject to his continued service and certain separation conditions.
Is the Dave J. Crompton GTX Form 4 transaction under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as an affirmative plan, meaning this grant is not reported as executed under a Rule 10b5-1 trading arrangement based on the filing’s checkbox status.
What compensation plan governs Dave J. Crompton’s GTX restricted stock grant?
Crompton’s grant of restricted stock units is issued under the Garrett Motion Inc. 2021 Long-term Incentive Plan. This plan provides equity-based awards, and the reported 3,951-unit grant reflects director compensation tied to that plan.