STOCK TITAN

Garrett Motion (GTX) CTO awarded 24,543 RSUs, 12,767 shares withheld

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Garrett Motion Inc. SVP & Chief Technology Officer Craig Balis reported two equity transactions in common stock. On March 5, he had 12,767 shares withheld at 18.87 per share to cover tax liabilities from the partial vesting of earlier restricted stock unit grants.

On the same date, he received a grant of 24,543 restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan. These units vest in three equal annual installments on the first, second, and third anniversaries of the grant date, subject to his continued service. Following these transactions, he directly holds 283,937 shares.

Positive

  • None.

Negative

  • None.
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 V8 1180

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/05/2026 F(1) 12,767 D $18.87 259,394 D
Common Stock 03/05/2026 A(2) 24,543 A $0 283,937 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
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 March 5, 2024 and March 5, 2025.
2. Represents a grant of restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan. The restricted stock units vest in three equal annual installments on the first, second and third anniversary of the grant date, subject to the reporting person's continued service.
/s/ Craig Balis, by Patrick Foley as Attorney-in-Fact 03/09/2026
** 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.

FAQ

What insider transactions did GTX executive Craig Balis report?

Garrett Motion SVP & CTO Craig Balis reported a tax-withholding disposition of 12,767 common shares at 18.87 per share and the grant of 24,543 restricted stock units. The RSUs vest over three years, and his direct holdings increased to 283,937 shares after these transactions.

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

Craig Balis had 12,767 Garrett Motion common shares withheld at 18.87 per share to pay tax liabilities. The taxes arose from the partial vesting of restricted stock units originally granted on March 5, 2024 and March 5, 2025, according to the Form 4 footnote disclosure.

What stock award did Garrett Motion (GTX) grant to Craig Balis?

Garrett Motion granted Craig Balis 24,543 restricted stock units under its 2021 Long-term Incentive Plan. These RSUs vest in three equal annual installments on the first, second, and third anniversaries of the March 5 grant date, contingent on his continued service with the company.

How do the new RSUs for GTX’s Craig Balis vest over time?

The 24,543 restricted stock units granted to Craig Balis vest in three equal annual installments. Vesting occurs on the first, second, and third anniversaries of the March 5 grant date, and each installment is subject to his continued service with Garrett Motion throughout the vesting period.

What is Craig Balis’s Garrett Motion (GTX) shareholding after the Form 4 trades?

After the reported tax-withholding and new RSU grant, Craig Balis directly holds 283,937 Garrett Motion common shares. The Form 4 shows 259,394 shares following the tax-withholding disposition, then 283,937 shares after recording the 24,543-share restricted stock unit grant on the same date.
Garrett Motion

NASDAQ:GTX

View GTX Stock Overview

GTX Rankings

GTX Latest News

GTX Latest SEC Filings

GTX Stock Data

3.51B
187.61M
Auto Parts
Motor Vehicle Parts & Accessories
Link
Switzerland
ROLLE