Garrett Motion (GTX) HR chief sells 39,000 shares in market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Garrett Motion Inc. executive Fabrice Spenninck, SVP & Chief Human Resources Officer, reported open-market sales of company common stock. He sold 20,000 shares on February 25, 2025 at a weighted average price of $20.3142 per share and 19,000 shares on February 26, 2025 at a weighted average price of $20.2808 per share. After these total sales of 39,000 shares, he directly owned 151,239 shares of Garrett Motion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 39,000 shares ($791,619)
Net Sell
2 txns
Insider
Spenninck Fabrice
Role
SVP & Chief Human Res. Officer
Sold
39,000 shs ($792K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 19,000 | $20.2808 | $385K |
| Sale | Common Stock | 20,000 | $20.3142 | $406K |
Holdings After Transaction:
Common Stock — 151,239 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.115 to $20.46, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein and in footnote 2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.025 to $20.495, inclusive.
FAQ
What insider transaction did GTX executive Fabrice Spenninck report?
Fabrice Spenninck reported selling Garrett Motion common stock in two open-market transactions. He sold 20,000 shares on February 25, 2025 and 19,000 shares on February 26, 2025, totaling 39,000 shares disposed in these reported trades.
At what prices did Fabrice Spenninck sell GTX common stock?
Spenninck’s reported sales used weighted average prices for multiple trades. On February 25, 2025, the weighted average price was $20.3142 per share, and on February 26, 2025, it was $20.2808 per share, based on transactions executed within specified intraday price ranges.
Were Fabrice Spenninck’s GTX stock sales single trades or multiple trades?
The filing states each day’s reported price is a weighted average, meaning shares were sold in multiple trades. On each of the two days, the sales occurred across a price range, and the reported per-share figures aggregate those individual executions.
What do the Form 4 footnotes say about the GTX insider sale prices?
The footnotes explain that the reported prices are weighted averages for many trades. For February 26, prices ranged from $20.115 to $20.46, and for February 25, they ranged from $20.025 to $20.495, with full breakdowns available upon request.