Garrett Motion (GTX) SVP has stock withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Garrett Motion Inc. senior vice president Daniel Deiro reported tax-withholding dispositions of common stock tied to vesting equity awards.
On February 17, 2026, the company withheld 4,882 shares to cover taxes on partially vesting restricted stock units granted on February 17, 2023, and 36,390 shares to cover taxes on vesting performance-based stock units from the same grant date. These were not open-market sales but shares retained by the company to satisfy tax liabilities.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Deiro Daniel
Role
SVP, CM & GM Japan/Korea
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,882 | $20.62 | $101K |
| Tax Withholding | Common Stock | 36,390 | $20.62 | $750K |
Holdings After Transaction:
Common Stock — 230,384 shares (Direct)
Footnotes (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 February 17, 2023. Represents shares withheld by Garrett Motion Inc. for payment of the tax liability incurred upon the vesting of performance-based stock units granted on February 17, 2023.
FAQ
What insider transaction did Garrett Motion (GTX) report for Daniel Deiro?
Garrett Motion reported tax-withholding share dispositions for SVP Daniel Deiro. The company withheld shares of common stock to cover tax liabilities arising from vesting equity awards, rather than Deiro selling shares in the open market.
Were Daniel Deiro’s Garrett Motion (GTX) transactions open-market sales?
No, the transactions were not open-market sales. Both entries are coded as tax-withholding dispositions, meaning Garrett Motion withheld shares to satisfy Deiro’s tax obligations on vested equity awards, rather than him selling shares to outside buyers.
What is Daniel Deiro’s role at Garrett Motion (GTX) mentioned in the filing?
Daniel Deiro serves as an executive officer at Garrett Motion. The filing lists his title as SVP, CM & GM Japan/Korea, indicating senior leadership responsibility for commercial management and operations across those regional markets.
What does transaction code F mean in the Garrett Motion (GTX) Form 4?
Transaction code F indicates a tax-withholding disposition. It shows that securities were delivered back to the company to pay an exercise price or related tax liability, rather than being sold directly into the market.