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Garrett Motion (GTX) SVP gets 17,569 RSUs and 9,139-share tax withholding

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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

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Negative

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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*
Deiro Daniel

(Last) (First) (Middle)
C/O GARRETT MOTION INC.
LA PIECE 16

(Street)
ROLLE V8 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, CM & GM Japan/Korea
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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)
Code V Amount (A) or (D) Price
Common Stock 03/05/2026 F(1) 9,139 D $18.87 151,855 D
Common Stock 03/05/2026 A(2) 17,569 A $0 169,424 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
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 March 5, 2024 and March 5, 2025.
2. 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.
/s/ Daniel Deiro, by Patick Foley as Attorney-in-Fact 03/09/2026
** 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.

FAQ

What insider transactions did Garrett Motion (GTX) report for Daniel Deiro?

Garrett Motion reported that executive Daniel Deiro had 9,139 shares withheld to cover tax on RSU vesting and received a grant of 17,569 new restricted stock units, both dated March 5, 2026, affecting his directly held common stock balance.

How many Garrett Motion shares were withheld for Daniel Deiro’s tax obligations?

Garrett Motion withheld 9,139 common shares for Daniel Deiro to cover tax liability from the partial vesting of restricted stock units granted on March 5, 2024 and March 5, 2025, using a reference price of $18.87 per share for this tax-withholding disposition.

What stock award did Daniel Deiro receive from Garrett Motion (GTX)?

Daniel Deiro received a grant of 17,569 restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan. These units were awarded at no cash purchase price and represent an equity-based component of his compensation as a senior executive of the company.

When do Daniel Deiro’s new Garrett Motion restricted stock units vest?

The 17,569 restricted stock units granted to Daniel Deiro vest in three equal annual installments. Vesting occurs on the first, second, and third anniversaries of the March 5, 2026 grant date, and is expressly conditioned on his continued service with Garrett Motion Inc.

How did Daniel Deiro’s Garrett Motion share ownership change after these transactions?

After the March 5, 2026 tax-withholding transaction, Daniel Deiro directly held 151,855 Garrett Motion common shares. Following the grant of 17,569 restricted stock units on the same date, his directly owned total increased to 169,424 shares, reflecting the awarded equity-based compensation.

What is the nature of the tax-withholding transaction reported by Garrett Motion (GTX)?

The tax-withholding transaction represents shares surrendered by Daniel Deiro to Garrett Motion to pay income taxes from partial vesting of prior RSU grants. This is classified as a disposition for tax purposes, not an open-market sale, and uses a reported price of $18.87 per share.
Garrett Motion

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