Garrett Motion director granted 4,505 RSUs
Vanneste Jeffrey H. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Vanneste Jeffrey H. reported acquisition or exercise transactions in this Form 4 filing.
Garrett Motion Inc. director Jeffrey H. Vanneste received an award of 4,505 shares of common stock in the form of restricted stock units. The grant price is recorded as $0.00 per share, reflecting a compensation award rather than an open-market purchase.
These restricted stock units were granted under the Garrett Motion Inc. 2021 Long-term Incentive Plan. They vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, if Vanneste continues in service or in connection with certain separations from service. After this grant, he directly holds 4,505 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,505 | $0.00 | $0.00 |
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
Key Terms
restricted stock units financial
2021 Long-term Incentive Plan financial
vest in full financial
separations from service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Garrett Motion (GTX) director Jeffrey H. Vanneste receive in this Form 4?
At what price were the Garrett Motion (GTX) restricted stock units granted?
When do Jeffrey H. Vanneste’s Garrett Motion (GTX) restricted stock units vest?
Is the Garrett Motion (GTX) Form 4 for Jeffrey H. Vanneste a market buy or a compensation grant?
What plan governs the restricted stock unit grant to Garrett Motion (GTX) director Jeffrey H. Vanneste?
AI-generated analysis. How Rhea-AI works. Not financial advice.