Garrett Motion grants Ninivaggi 1,333 stock units
The units vested immediately, with common-stock payment due upon a Change in Control or six months after Board service ends, whichever occurs first.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Garrett Motion Inc. director Daniel A. Ninivaggi was granted 1,333 deferred stock units on October 1, 2026, for service as a non-employee director under the 2021 Long-term Incentive Plan. The units vested immediately and are payable in common stock upon the earlier of a Change in Control or the six-month anniversary of his cessation of Board service. His reported direct holdings following the transaction were 131,765 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,333 | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
deferred stock units financial
vest immediately financial
Change in Control technical
Long-term Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many deferred stock units did GTX director Daniel A. Ninivaggi receive?
AI-generated analysis. How Rhea-AI works. Not financial advice.