Form 4: Cyrus Capital Partners Reduces Stake in Garrett Motion

Sentiment:

Insider Trading Report 18 July 2025 5:58 PM

Cyrus Capital Partners, a 10% owner and director of Garrett Motion Inc., has reported the sale of 76,923 shares of common stock over three days in mid-July 2025.

Worse than expectedA 10% owner and director, Cyrus Capital Partners, has sold a significant number of shares (76,923 shares) over three consecutive days. Insider selling, especially by a large institutional holder with board representation, is often interpreted by the market as a negative signal regarding the company's future performance or valuation.

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 the sale of Garrett Motion Inc. (GTX) common stock.
On July 16, 2025, 51,718 shares were sold at a weighted average price of $11.6302 per share, with prices ranging from $11.51 to $11.6590.
On July 17, 2025, an additional 24,033 shares were sold at a weighted average price of $11.8176 per share, with prices ranging from $11.75 to $11.945.
On July 18, 2025, 1,172 shares were sold at a weighted average price of $11.7595 per share, with prices ranging from $11.75 to $11.79.
Following these transactions, the reporting persons beneficially own 22,905,867 shares of Garrett Motion Inc. common stock indirectly through various private investment funds managed by Cyrus Capital Partners.

Sentiment

Score: 3

Explanation: The sale of 76,923 shares by a 10% owner and director, Cyrus Capital Partners, over three days suggests a lack of strong conviction or a move to reduce exposure, which is typically viewed negatively by the market.

Negatives

Significant insider selling by a 10% owner and director, Cyrus Capital Partners, which could be interpreted as a lack of confidence in the company's near-term prospects.
The sales occurred over three consecutive days, indicating a deliberate reduction in exposure.

Risks

Potential negative market reaction to insider selling, which could put downward pressure on Garrett Motion Inc.'s stock price.
Reduced alignment of interests between a significant institutional shareholder/director and other shareholders due to the decreased stake.

Future Outlook

Industry Context

This Form 4 filing details insider trading activity specific to Garrett Motion Inc. and does not provide broader industry trends or competitive analysis. The sales by a significant institutional investor and director could be perceived by the market as a signal regarding the company's specific prospects rather than general industry conditions.

Related Party Transactions

The reported transactions are sales of common stock by Cyrus Capital Partners, L.P., Cyrus Capital Partners GP, L.L.C., and Stephen C. Freidheim, who are considered related parties due to their status as a 10% owner and director of Garrett Motion Inc.

Stakeholder Impact

Shareholders: May interpret the insider selling as a negative signal, potentially leading to decreased confidence and downward pressure on the stock price.
Company Management: May face questions regarding the reasons for the insider selling and its potential impact on investor sentiment.

Key Dates

Date	Description
07/16/2025	Date of first reported transaction: sale of 51,718 shares of Common Stock.
07/17/2025	Date of second reported transaction: sale of 24,033 shares of Common Stock.
07/18/2025	Date of third reported transaction: sale of 1,172 shares of Common Stock and filing date of the Form 4.

Recommendation

hold

Keywords

Garrett Motion Inc., GTX, Cyrus Capital Partners, Insider Selling, Form 4, Beneficial Ownership, Equity Sales, Investment Funds

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