Garrett Motion SVP stock withheld for taxes
Garrett Motion Inc. senior vice president and chief technology officer Craig Balis reported two tax-related share dispositions in company stock.
Rhea-AI Filing Summary
Garrett Motion Inc. senior vice president and chief technology officer Craig Balis reported two tax-related share dispositions in company stock. On February 17, 2026, a total of 6,853 and 51,085 shares of common stock were withheld by the company at $20.62 per share to cover tax liabilities triggered by the vesting of previously granted restricted and performance-based stock units. After these withholding transactions, Balis continued to hold substantial direct ownership in Garrett Motion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,853 | $20.62 | $141K |
| Exercise Price or Tax Liability | Common Stock | 51,085 | $20.62 | $1.05M |
Footnotes (2)
- F1. Represents shares withheld by Garrett Motion Inc. for payment of the tax liability incurred upon the partial vesting of restricted stock units granted on February 17, 2023.
- F2. Represents shares withheld by Garrett Motion Inc. for payment of the tax liability incurred upon the vesting of performance-based stock units granted on February 17, 2023.
FAQ
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What insider transaction did GTX executive Craig Balis report?
Was the GTX Form 4 transaction an open-market sale by Craig Balis?
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