Garrett Motion (GTX) director sells 17,178 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Garrett Motion Inc. director Daniel A. Ninivaggi reported an open-market sale of 17,178 shares of Common Stock on May 15, 2026. The weighted average sale price was $31.2198 per share, with individual trades executed between $30.86 and $31.71 per share.
After these transactions, Ninivaggi directly holds 124,885 shares of Garrett Motion common stock. The shares were sold in multiple transactions, and the reporting person notes that detailed trade-by-trade pricing information is available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 17,178 shares ($536,294)
Net Sell
1 txn
Insider
NINIVAGGI DANIEL A
Role
null
Sold
17,178 shs ($536K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,178 | $31.2198 | $536K |
Holdings After Transaction:
Common Stock — 124,885 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 17,178 shares
Weighted average sale price: $31.2198 per share
Sale price range: $30.86–$31.71 per share
+1 more
4 metrics
Shares sold
17,178 shares
Open-market sale on May 15, 2026
Weighted average sale price
$31.2198 per share
Reported for the 17,178 shares sold
Sale price range
$30.86–$31.71 per share
Range of individual trades within the reported sale
Shares held after transaction
124,885 shares
Director’s direct holdings following the sale
Key Terms
weighted average price, open-market sale, Common Stock, Form 4
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Garrett Motion (GTX) disclose?
Garrett Motion disclosed that director Daniel A. Ninivaggi sold 17,178 shares of Common Stock. The sale was an open-market transaction, reported on a Form 4, and reflects a routine portfolio move rather than any stated change in corporate strategy.
What type of transaction was reported in the Garrett Motion (GTX) Form 4?
The Form 4 reports an open-market sale of Common Stock by director Daniel Ninivaggi. The transaction is coded as “S,” which indicates a sale in an open market or private transaction, rather than an option exercise, gift, or tax-withholding event.
Does the Garrett Motion (GTX) filing explain the weighted average sale price?
Yes. The filing states that the reported $31.2198 price is a weighted average across multiple trades. It notes the actual sale prices ranged from $30.86 to $31.71, and offers full trade-by-trade details to interested parties upon request.