Garrett Motion SVP reports RSU grant and tax share disposal
Garrett Motion Inc. senior vice president Daniel Deiro reported two stock-related transactions involving company common shares.
Rhea-AI Filing Summary
Garrett Motion Inc. senior vice president Daniel Deiro reported two stock-related transactions involving company common shares. On March 5, 2026, 9,139 shares were disposed of in a tax-withholding transaction tied to the vesting of previously granted restricted stock units, at a reference price of $18.87 per share, leaving 151,855 shares directly held after this step.
On the same date, Deiro also acquired 17,569 restricted stock units as a grant under the Garrett Motion Inc. 2021 Long-term Incentive Plan at no cash cost, increasing his direct holdings to 169,424 shares after the award. According to the footnote, these new restricted stock units vest in three equal annual installments on each of the first, second, and third anniversaries of the grant date, conditioned on his continued service with the company.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,139 | $18.87 | $172K |
| Grant/Award | Common Stock | 17,569 | $0.00 | $0.00 |
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 March 5, 2024 and March 5, 2025.
- F2. Represents a grant of restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan. The restricted stock units vest in three equal annual installments on the first, second and third anniversary of the grant date, subject to the reporting person's continued service.
FAQ
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