Garrett Motion director granted 4,505 RSUs
Drees Joachim reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Drees Joachim reported acquisition or exercise transactions in this Form 4 filing.
Garrett Motion Inc. director Joachim Drees reported an equity award rather than an open-market trade. He received 4,505 restricted stock units of Common Stock under the Garrett Motion Inc. 2021 Long-term Incentive Plan. These units vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, subject to his continued service and certain separations from service. Following this grant, he holds 41,215 shares of Common Stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,505 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan. The restricted stock units vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of the Issuer's stockholders, subject to the reporting person's continued service and in connection with certain separations from service.
Key Figures
Key Terms
restricted stock units financial
2021 Long-term Incentive Plan financial
vest in full financial
separations from service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Garrett Motion (GTX) disclose for Joachim Drees?
What type of equity award did Garrett Motion (GTX) grant to Joachim Drees?
When do Joachim Drees’s Garrett Motion (GTX) restricted stock units vest?
Is the Garrett Motion (GTX) Form 4 transaction a buy or sell in the market?
Under which plan were the Garrett Motion (GTX) restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.