What triggered the share withholding reported for GTX executive Craig Balis?

The withholding was triggered by the vesting of equity awards. Specifically, restricted stock units partially vested and performance-based stock units vested, both originally granted on February 17, 2023, causing related tax liabilities to be settled with company shares.

What was the reported price per GTX share in Craig Balis’s Form 4?

Each withheld share of Garrett Motion common stock was valued at $20.62 in the reported transactions. This price was used to determine how many shares were needed to cover the tax liabilities associated with the vesting equity awards.

Garrett Motion (GTX) SVP reports tax-withholding share dispositions

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

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.

Insider Trade Summary

Net Seller: 57,938 shares

Net Sell 2 txns

Insider Balis Craig

Role SVP & Chief Technology Officer

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

Holdings After Transaction: Common Stock — 272,161 shares (Direct)

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/19/2026 - 09:00 PM

FAQ

What insider transaction did GTX executive Craig Balis report?

Craig Balis reported tax-related share dispositions where Garrett Motion withheld company stock to cover his tax liability. The shares were tied to the vesting of restricted and performance-based stock units originally granted on February 17, 2023.

Was the GTX Form 4 transaction an open-market sale by Craig Balis?

No, the transactions were tax-withholding dispositions, not open-market sales. Garrett Motion withheld shares of common stock to satisfy tax obligations arising from the vesting of restricted and performance-based stock units granted to Craig Balis.

How many separate tax-withholding transactions did GTX report for Craig Balis?

Two separate tax-withholding transactions were reported for Craig Balis. One related to the partial vesting of restricted stock units, and the other related to the vesting of performance-based stock units, both settled through 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

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^*

Balis Craig

(Last)

(First)

(Middle)

C/O GARRETT MOTION INC.

LA PIECE 16

(Street)

ROLLE

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)
02/17/2026

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)
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	02/17/2026		F⁽¹⁾		6,853	D	$20.62	323,246	D
Common Stock	02/17/2026		F⁽²⁾		51,085	D	$20.62	272,161	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 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.

2. 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.

Remarks:

Exhibit 24.1 - Power of Attorney

	/s/ Craig Balis, by Patrick Foley as Attorney-in-Fact	02/19/2026
	** 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.

Source: View Original Filing on SEC EDGAR