[Form 4] Garrett Motion Inc. Insider Trading Activity
Joachim Drees, a director of Garrett Motion Inc. (GTX), was granted 2,365 deferred stock units on 10/01/2025 as director compensation under the 2021 Long‑term Incentive Plan.
Rhea-AI Filing Summary
Joachim Drees, a director of Garrett Motion Inc. (GTX), was granted 2,365 deferred stock units on 10/01/2025 as director compensation under the 2021 Long‑term Incentive Plan. After the grant, he beneficially owns 37,018 shares. The units vest immediately and will be paid in common stock on the earlier of (i) a Change in Control of the company or (ii) six months after Mr. Drees stops serving on the board. The Form 4 was signed on behalf of Mr. Drees by an attorney‑in‑fact on 10/03/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,365 shares
Grant/Award
1 txn
Insider
Drees Joachim
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,365 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 37,018 shares (Direct)
Footnotes (1)
- F1. Represents a grant of deferred stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan (the "Plan") in lieu of cash compensation for service as a non-employee director. The deferred stock units vest immediately upon grant and are payable as common stock on the earlier to occur of (i) a Change in Control of the Issuer (as defined in the Plan) or (ii) the six-month anniversary of the reporting person's cessation of service on the Board of Directors.
FAQ
What did Garrett Motion director Joachim Drees report on Form 4 (GTX)?
The Form 4 reports a grant of 2,365 deferred stock units to Joachim Drees on 10/01/2025, increasing his beneficial ownership to 37,018 shares.
When do the deferred stock units granted to Joachim Drees vest and pay out?
The deferred stock units vest immediately and are payable as common stock on the earlier of a Change in Control or six months after Mr. Drees ceases board service.
Under which plan were the deferred stock units granted?
The grant was made under the Garrett Motion Inc. 2021 Long‑term Incentive Plan in lieu of cash compensation for non‑employee director service.
Does the Form 4 show any derivative transactions by Joachim Drees?
No. Table II for derivative securities shows no entries; the reported transaction is a non‑derivative grant of deferred stock units.
Who signed the Form 4 filing for Joachim Drees and when?
The Form 4 was signed /s/ Joachim Drees, by Patrick Foley as Attorney‑in‑Fact on 10/03/2025.
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