Garrett Motion (GTX) CFO earns 145,051 shares from performance stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Garrett Motion Inc. reported that its SVP & Chief Financial Officer, Sean Deason, acquired 145,051 shares of common stock through the earning of performance-based stock units. These shares were certified as earned after the Board confirmed achievement of performance goals on February 11, 2026.
The PSUs were originally granted on February 17, 2023 and are scheduled to vest on February 17, 2026 in line with their terms. Following this award-related acquisition at a price of $0 per share, Deason directly holds a total of 455,047 shares of Garrett Motion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Deason Sean
Role
SVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 145,051 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 455,047 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Garrett Motion Inc. (GTX) report for Sean Deason?
Garrett Motion reported that SVP & Chief Financial Officer Sean Deason acquired 145,051 common shares. These came from performance-based stock units that were certified as earned after the company’s Board confirmed performance goals were achieved on February 11, 2026.
Was the Garrett Motion (GTX) insider transaction an open-market purchase or an award?
The transaction was an award-related acquisition, not an open-market purchase. Sean Deason received 145,051 shares at a reported price of $0 per share after performance-based stock units were certified as earned by Garrett Motion’s Board of Directors.
When will the earned performance-based stock units in Garrett Motion (GTX) vest?
The performance-based stock units that generated 145,051 shares for Sean Deason are scheduled to vest on February 17, 2026. Vesting follows the Board’s February 11, 2026 certification that the applicable performance metrics and goals under the 2023 grant were achieved.
What role does Sean Deason hold at Garrett Motion Inc. (GTX)?
Sean Deason serves as Senior Vice President & Chief Financial Officer of Garrett Motion Inc. His position is disclosed in the insider report, which also notes his direct ownership of 455,047 common shares following the performance-based stock unit award certification.