Garrett Motion (GTX) tech chief earns 113,520 performance-based shares

Rhea-AI Filing Summary

Garrett Motion Inc. SVP & Chief Technology Officer Craig Balis reported an acquisition of 113,520 shares of common stock. The shares were certified as earned from a performance-based stock unit (PSU) award granted on February 17, 2023, after the board confirmed that required performance goals were achieved on February 11, 2026. The PSUs are scheduled to vest on February 17, 2026, and following this reported transaction Balis directly held 330,099 shares of Garrett Motion common stock.

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

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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^*

Balis Craig

(Last) (First) (Middle)

C/O GARRETT MOTION INC.

LA PIECE 16

(Street)

ROLLE V8 1180

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	02/11/2026		A(1)		113,520	A	$0	330,099	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 113,520 shares certified as earned with respect to an award of performance-based stock units ("PSUs") granted on February 17, 2023. The Issuer's Board of Directors, on the recommendation of its Talent Management & Compensation Committee, certified the achievement of the applicable performance metrics and goals on February 11, 2026 and the PSUs will vest, in accordance with their terms, on February 17, 2026.

	/s/ Craig Balis, by Patrick Foley as Attorney-in-Fact	02/13/2026
	** 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).
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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.

FAQ

What insider transaction did Garrett Motion Inc. (GTX) report for Craig Balis?

Garrett Motion Inc. reported that SVP & Chief Technology Officer Craig Balis acquired 113,520 shares of common stock. These shares were earned from a performance-based stock unit award after performance goals were certified as achieved on February 11, 2026, and will vest on February 17, 2026.

How many Garrett Motion (GTX) shares does Craig Balis hold after this Form 4 transaction?

After the reported Form 4 transaction, Craig Balis beneficially owned 330,099 shares of Garrett Motion common stock. This total reflects the 113,520 shares certified as earned from a performance-based stock unit award, which are scheduled to vest on February 17, 2026, under their original terms.

What is the nature of the 113,520 GTX shares reported in Craig Balis’s Form 4?

The 113,520 Garrett Motion shares represent stock earned from performance-based stock units granted on February 17, 2023. The board certified achievement of required performance metrics on February 11, 2026, and the units are set to vest on February 17, 2026, converting into common stock.

Did Craig Balis pay a purchase price for the 113,520 Garrett Motion (GTX) shares?

The 113,520 shares were acquired at a reported price of $0 per share because they relate to a performance-based stock unit award. These units were earned after the company’s performance targets were certified as achieved and will vest into common stock on February 17, 2026.

What role does Craig Balis hold at Garrett Motion Inc. (GTX) in this Form 4 filing?

In this Form 4, Craig Balis is identified as an officer of Garrett Motion Inc., serving as Senior Vice President and Chief Technology Officer. The filing reports equity compensation in the form of performance-based stock units that earned out based on certified performance goals.

When were the performance-based stock units for Craig Balis at Garrett Motion (GTX) granted and certified?

The performance-based stock units tied to the 113,520 shares were granted on February 17, 2023. The board, following its Talent Management & Compensation Committee’s recommendation, certified achievement of the applicable performance metrics and goals on February 11, 2026, triggering the award’s earn-out.