Form 4: Cyrus Capital Partners Divests Over 1 Million Garrett Motion Shares

Cyrus Capital Partners, a 10% owner and director of Garrett Motion Inc., has sold 1,196,526 shares of common stock for approximately $12.5 million.

Summary

• Cyrus Capital Partners, L.P., along with its general partner Cyrus Capital Partners GP, L.L.C., and Chief Investment Officer Stephen C. Freidheim, collectively reported as 10% owners and directors of Garrett Motion Inc. (GTX).
• On June 27, 2025, the reporting persons disposed of 1,196,526 shares of Garrett Motion Inc. common stock.
• The shares were sold at a weighted average price of $10.4587 per share, with individual transaction prices ranging from $10.40 to $10.50.
• Following this transaction, the reporting persons beneficially own 23,705,198 shares of Garrett Motion Inc. common stock indirectly through various private investment funds managed by Cyrus Capital Partners, including Cyrus 1740 Master Fund, L.P. and Cyrus Opportunities Master Fund II, Ltd.

Sentiment

Score: 3

Explanation: The sentiment is negative due to a significant insider sale by a 10% owner and director, which can signal reduced confidence in the company's prospects.

Negatives

• A significant sale of 1,196,526 shares by a 10% owner and director, Cyrus Capital Partners, may be perceived as a negative signal regarding the insider's confidence in the company's future prospects.
• The transaction represents a divestment of approximately $12.5 million worth of shares by a key stakeholder.

Risks

• Potential negative market reaction due to a large insider sale by a significant shareholder and director, which could lead to a decrease in investor confidence.
• Perception of reduced commitment or belief in the company's long-term value by a major institutional investor.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding Garrett Motion Inc.'s future outlook.

Industry Context

This SEC Form 4 filing details an insider transaction and does not provide broader industry context or trends.

Related Party Transactions

• The sale of common stock by Cyrus Capital Partners, L.P., Cyrus Capital Partners GP, L.L.C., and Stephen C. Freidheim, who are 10% owners and directors of Garrett Motion Inc., constitutes a related party transaction.

Stakeholder Impact

• Shareholders may interpret the significant insider sale as a negative indicator, potentially leading to decreased investor confidence and downward pressure on the stock price.

Key Dates

Recommendation

Keywords

Garrett Motion Inc., GTX, Cyrus Capital Partners, Insider Sale, SEC Form 4, Beneficial Ownership, Stock Transaction, Institutional Investor