Garrett Motion grants Camuti 655 stock units
The units vested immediately and are payable in common stock at the earlier of a change in control or six months after Board service ends.
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Rhea-AI Filing Summary
Garrett Motion Inc. director Paul A. Camuti received a grant of 655 deferred stock units under the company’s 2021 Long-term Incentive Plan in lieu of cash compensation for non-employee director service on October 1, 2026. The units vested immediately and are payable in common stock upon the earlier of a change in control or the six-month anniversary of his cessation of Board service. His reported direct holdings after the grant were 47,062 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 655 | -- | -- |
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.
Key Figures
Key Terms
deferred stock units financial
Long-term Incentive Plan financial
Change in Control technical
FAQ
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How many deferred stock units did GTX director Paul A. Camuti receive?
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