Garrett Motion (GTX) director receives 1,848 deferred stock units as board pay

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Drees Joachim reported acquisition or exercise transactions in this Form 4 filing.

Garrett Motion Inc. director Joachim Drees received an equity-based compensation award in the form of 1,848 deferred stock units of common stock. These units were granted under the company’s 2021 Long-term Incentive Plan in lieu of cash compensation for his service as a non-employee director.

The deferred stock units vest immediately upon grant and will be settled in common stock either upon a defined Change in Control of Garrett Motion or six months after Drees ceases serving on the Board, whichever occurs first. Following this grant, he holds 40,736 shares of common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Drees Joachim

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,848	$0.00	--

Holdings After Transaction: Common Stock — 40,736 shares (Direct)

Footnotes (1)

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Key Figures

Deferred stock units granted: 1,848 units Shares held after transaction: 40,736 shares Grant price per share: $0.00 per share

3 metrics

Deferred stock units granted 1,848 units Equity award in lieu of cash fees on 2026-04-01

Shares held after transaction 40,736 shares Common stock directly owned after grant

Grant price per share $0.00 per share Non-cash director compensation award

Key Terms

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

4 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

"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.

cessation of service financial

"or (ii) the six-month anniversary of the reporting person's cessation of service on the Board of Directors"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 09:00 PM

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^*

Drees Joachim

(Last)

(First)

(Middle)

C/O GARRETT MOTION INC.

LA PIECE 16

(Street)

ROLLE

1180

(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)

X	Director	10% 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)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		A		1,848	A	⁽¹⁾	40,736	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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/ Joachim Drees, by Patrick Foley as Attorney-in-Fact	04/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Garrett Motion (GTX) director Joachim Drees report?

Joachim Drees reported receiving 1,848 deferred stock units of Garrett Motion common stock as equity compensation. The award was granted under the 2021 Long-term Incentive Plan instead of cash for his non-employee director service, increasing his direct holdings to 40,736 shares.

How many Garrett Motion (GTX) shares does Joachim Drees hold after this Form 4?

After the reported grant, Joachim Drees holds 40,736 shares of Garrett Motion common stock directly. This total includes the newly awarded 1,848 deferred stock units, which convert into common stock upon specific future events defined in the company’s incentive plan.

What are deferred stock units in Garrett Motion’s 2021 Long-term Incentive Plan?

Deferred stock units are rights to receive Garrett Motion common stock at a later date, rather than cash today. Under the 2021 Long-term Incentive Plan, these units vest immediately but are only paid out in shares upon a Change in Control or after board service ends.

When will Joachim Drees receive common stock for his Garrett Motion deferred stock units?

The deferred stock units convert into common stock on the earlier of two events: a Change in Control of Garrett Motion, as defined in the plan, or six months after Drees stops serving on the Board. Until then, the units remain deferred equity awards.

Was cash involved in the Garrett Motion (GTX) director equity grant reported on Form 4?

No cash changed hands in this transaction. The Form 4 shows that Joachim Drees received 1,848 deferred stock units in lieu of cash compensation for his role as a non-employee director, aligning part of his compensation with Garrett Motion’s equity.