Garrett Motion (GTX) director receives 1,042 deferred stock units as board compensation

Rhea-AI Filing Summary

NINIVAGGI DANIEL A reported acquisition or exercise transactions in this Form 4 filing.

Garrett Motion Inc. director Daniel A. Ninivaggi received an equity grant of 1,042 deferred stock units of Common Stock. The award was granted at no cash cost under the company’s 2021 Long-term Incentive Plan for service as a non-employee director.

The deferred stock units vest immediately upon grant and will be settled in common stock upon the earlier of a Change in Control of Garrett Motion Inc. or six months after Ninivaggi’s service on the Board ends. Following this grant, he holds 130,432 shares directly, reflecting routine director compensation rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider NINIVAGGI DANIEL A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,042	$0.00	--

Holdings After Transaction: Common Stock — 130,432 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Deferred stock units granted: 1,042 units Grant price per unit: $0.00 per share Shares held after transaction: 130,432 shares

3 metrics

Deferred stock units granted 1,042 units Grant of deferred stock units for non-employee director service

Grant price per unit $0.00 per share Compensation award, not open-market purchase

Shares held after transaction 130,432 shares Total Common Stock beneficially owned directly after grant

Key Terms

deferred stock units, 2021 Long-term Incentive Plan, Change in Control

3 terms

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

"Represents a grant of deferred stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan"

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 04:06 PM Accepted by SEC EDGAR 07/06/2026 - 04:06 PM Learn about SEC filing dates

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^*

NINIVAGGI DANIEL A

(Last) (First) (Middle)

C/O GARRETT MOTION INC.

47548 HALYARD DRIVE

(Street)

PLYMOUTH MICHIGAN 48170

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Garrett Motion Inc. [ GTX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		A		1,042	A	(1)	130,432	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 a grant of deferred stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan (the "Plan") 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/ Daniel A. Ninivaggi, by Patrick Foley as Attorney-in-Fact	07/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Garrett Motion (GTX) report for Daniel A. Ninivaggi?

Garrett Motion reported that director Daniel A. Ninivaggi received a grant of 1,042 deferred stock units of Common Stock. The award was provided as compensation for service as a non-employee director under the company’s 2021 Long-term Incentive Plan.

Was the Garrett Motion (GTX) director equity grant an open-market purchase?

No, the 1,042-share transaction was a grant of deferred stock units at a price of $0.00 per share. It is a compensation award under the 2021 Long-term Incentive Plan, not an open-market purchase of Garrett Motion stock by the director.

When do Daniel A. Ninivaggi’s Garrett Motion (GTX) deferred stock units vest and pay out?

The deferred stock units vest immediately upon grant. They are payable in common stock on the earlier of a Change in Control of Garrett Motion Inc. or six months after Daniel A. Ninivaggi ceases serving on the Board of Directors.

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

After receiving 1,042 deferred stock units, Daniel A. Ninivaggi is reported as beneficially owning 130,432 shares of Garrett Motion Common Stock directly. This figure reflects his position following the reported compensation-related equity grant.

Under which plan were the Garrett Motion (GTX) deferred stock units granted?

The 1,042 deferred stock units were granted under the Garrett Motion Inc. 2021 Long-term Incentive Plan. This plan provides equity-based compensation, and the grant was made for service as a non-employee director on the company’s Board.