[144] Sempra SEC Filing

Rhea-AI Filing Summary

Garrett Motion Inc. (GTX) – Form 4 filed 07/23/2025. 10% owner Cyrus Capital Partners, L.P., its GP and CIO Stephen C. Freidheim reported two open-market sales of common stock.

• 07/21/2025: 43 shares sold at $11.76.
• 07/23/2025: 58,829 shares sold at a weighted-average $11.7977 (prices $11.75–$11.865).

Post-transaction indirect holdings fell from 22,905,824 to 22,846,995 shares, a reduction of roughly 0.26 % of their position. No derivative securities were reported. Each Reporting Person disclaims beneficial ownership beyond its pecuniary interest. The filing reflects routine portfolio activity rather than a strategic shift; the group remains a significant shareholder with an estimated $270 m position at the reported price level.

Positive

• None.

Negative

• Insider selling: The reporting group trimmed 58,872 shares, a modest but negative signal, even if only 0.26 % of its position.

Insights

Equity Analyst

TL;DR: Very small insider sale; ownership remains >22.8 m shares—impact is negligible.

The disposal of 58.9 k shares versus a 22.9 m-share stake represents immaterial 0.26 % trimming. Such de-minimis transactions often relate to fund-level liquidity management rather than a change in thesis. GTX still counts Cyrus Capital as a major holder, limiting negative signalling. Valuation context: at ~$11.80, the fund realises ~$700 k in proceeds, leaving an implied $270 m exposure. Overall sentiment: neutral with a slight negative bias due to the direction of trade.

Corporate Governance Specialist

TL;DR: Filing shows compliance and transparency; no governance red flags.

Cyrus Capital properly aggregated group holdings, provided weighted-average price ranges and affirmed willingness to supply detailed trade data—hallmarks of good Section 16 practice. No exemptions or derivative instruments suggest complex hedging. The continuing 10 %-owner status maintains reporting obligations, keeping investors well-informed. Transaction size is non-material, so governance risk remains unchanged.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Oppenheimer & Co., Inc. 10880 Wilshire Boulevard Los Angeles CA 90024	1576	125764.80	652170380	07/23/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	02/19/2025	Vesting of grant of restricted stock units under Sempra's Long-Term Incentive Plan	Sempra			1576	02/19/2025	Vesting of equity award received as compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Garrett Motion (GTX) shares did Cyrus Capital sell?

58,872 shares were sold – 43 on 07/21/25 and 58,829 on 07/23/25.

What was the average selling price of the GTX shares?

The weighted-average price on 07/23/25 was $11.7977; the 07/21/25 sale was at $11.76.

How many GTX shares does Cyrus Capital still own after the sale?

They report indirect beneficial ownership of 22,846,995 GTX common shares.

Does this Form 4 include any derivative transactions?

No. Table II shows no derivatives acquired or disposed.

Why is the impact of this insider sale considered minor?

The sale represents only 0.26 % of their holdings, indicating no significant change in investment stance.