Garrett Motion (GTX) CTO settles RSU taxes with 9,129 withheld shares

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Garrett Motion Inc. senior vice president and chief technology officer Craig Balis reported a routine tax-related share disposition. On the partial vesting of restricted stock units granted on May 26, 2021, 9,129 shares of common stock were withheld by the company to cover his tax liability at $25.61 per share. Following this withholding, Balis directly holds 274,808 shares of Garrett Motion common stock, indicating that the transaction reflects compensation-related tax settlement rather than an open-market sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Balis Craig

Role SVP & Chief Technology Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	9,129	$25.61	$234K

Holdings After Transaction: Common Stock — 274,808 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 9,129 shares Withholding reference price: $25.61 per share Shares held after transaction: 274,808 shares +1 more

4 metrics

Shares withheld for taxes 9,129 shares Tax-withholding disposition on April 30, 2026

Withholding reference price $25.61 per share Value used for tax-withholding shares

Shares held after transaction 274,808 shares Direct common stock holdings following withholding

Tax-withholding share count 9,129 shares Matches taxWithholdingShares in transaction summary

Key Terms

restricted stock units, tax liability, withheld, Form 4

4 terms

restricted stock units financial

"partial vesting of restricted stock units granted on May 26, 2021"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax liability financial

"for payment of the tax liability incurred upon the partial vesting"

withheld financial

"Represents shares withheld by Garrett Motion Inc. for payment of the tax liability"

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.

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 09:00 PM

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^*

Balis Craig

(Last)

(First)

(Middle)

C/O GARRETT MOTION INC.

LA PIECE 16

(Street)

ROLLE

1180

(City)

(State)

(Zip)

SWITZERLAND

(Country)

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 & Chief Technology Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/30/2026		F⁽¹⁾		9,129	D	$25.61	274,808	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 May 26, 2021.

	/s/ Craig Balis, by Patrick Foley as Attorney-in-Fact	05/04/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Garrett Motion (GTX) report for Craig Balis?

Garrett Motion reported that SVP & Chief Technology Officer Craig Balis had 9,129 shares of common stock withheld to cover taxes from vesting restricted stock units. This was a compensation-related tax withholding, not an open-market share sale, disclosed on a Form 4.

How many Garrett Motion (GTX) shares were withheld for Craig Balis’s taxes?

The company withheld 9,129 shares of Garrett Motion common stock for Craig Balis’s tax liability. These shares related to the partial vesting of restricted stock units granted on May 26, 2021, and were withheld instead of him paying the tax obligation in cash.

At what price were Craig Balis’s Garrett Motion (GTX) shares valued for tax withholding?

The withheld shares were valued at $25.61 per share for the tax-withholding transaction. This price is used solely to determine the number of shares needed to satisfy the tax liability associated with the vesting restricted stock units granted on May 26, 2021.

How many Garrett Motion (GTX) shares does Craig Balis hold after this Form 4 transaction?

After the tax-withholding transaction, Craig Balis directly holds 274,808 shares of Garrett Motion common stock. This figure reflects his remaining direct ownership following the withholding of 9,129 shares to satisfy tax obligations tied to restricted stock unit vesting.

Was Craig Balis’s Garrett Motion (GTX) Form 4 transaction an open-market sale?

No, the Form 4 transaction was not an open-market sale. The 9,129 shares were withheld by Garrett Motion to pay taxes from the vesting of restricted stock units, a common mechanism for settling tax obligations on equity compensation.