Garrett Motion (GTX): Director granted 1,114 DSUs; owns 39,585
Paul A. Camuti, a director of Garrett Motion Inc. (GTX), was granted 1,114 deferred stock units on 10/01/2025 in lieu of cash compensation, increasing his reported beneficial ownership to 39,585 shares.
Rhea-AI Filing Summary
Paul A. Camuti, a director of Garrett Motion Inc. (GTX), was granted 1,114 deferred stock units on 10/01/2025 in lieu of cash compensation, increasing his reported beneficial ownership to 39,585 shares.
The deferred stock units vest immediately and are payable as common stock upon the earlier of a Change in Control of the company or the six‑month anniversary of his cessation of board service. The Form 4 was signed on 10/03/2025 by an attorney‑in‑fact.
Positive
- 1,114 deferred stock units granted in lieu of cash compensation
- Immediate vesting of the deferred stock units upon grant
- Units are payable as common stock, aligning director pay with shareholders
Negative
- None.
Insights
Director received immediately vested deferred stock units payable on change in control or six months after leaving the board.
The filing shows a non‑employee director, Paul A. Camuti, received 1,114 deferred stock units on 10/01/2025 in lieu of cash for board service. The units vest immediately and convert to common stock upon a Change in Control or six months after he leaves the board, aligning compensation with equity outcomes.
This structure substitutes cash with equity‑settled units and creates a clear, monitorable payout trigger: corporate control events or the director's departure timing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,114 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of deferred stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan (the "Plan") in lieu of cash compensation for service as a non-employee director. The deferred stock units vest immediately upon grant and are payable as common stock on the earlier to occur of (i) a Change in Control of the Issuer (as defined in the Plan) or (ii) the six-month anniversary of the reporting person's cessation of service on the Board of Directors.
FAQ
What did Garrett Motion director Paul A. Camuti receive on 10/01/2025 (GTX)?
When do the deferred stock units pay out and in what form?
What is the reporting date on the Form 4 for this transaction?
Was this grant part of a formal plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.