Form 4: Cyrus Capital Partners Reduces Stake in Garrett Motion Inc. with Significant Share Sale

Cyrus Capital Partners, a 10% owner and director of Garrett Motion Inc. (GTX), has reported the sale of 150,896 shares of common stock for approximately $1.73 million.

Summary

• Cyrus Capital Partners, L.P., along with its general partner Cyrus Capital Partners GP, L.L.C., and Stephen C. Freidheim (Chief Investment Officer and sole member/manager), collectively reported the sale of 150,896 shares of Garrett Motion Inc. common stock.
• The transaction occurred on July 10, 2025, with shares sold at a weighted average price of $11.5036 per share, ranging from $11.50 to $11.5106.
• Following this transaction, the Reporting Persons beneficially own 22,982,790 shares of Garrett Motion Inc. common stock.
• The beneficial ownership is indirect, held through various private investment funds managed by Cyrus Capital Partners, including Cyrus 1740 Master Fund, L.P., and Cyrus Opportunities Master Fund II, Ltd., among others.

Sentiment

Score: 3

Explanation: The sentiment is moderately negative due to a significant insider sale by a 10% owner and director, which can be interpreted as a bearish signal by the market.

Negatives

• A significant sale of 150,896 shares by a 10% owner and director, Cyrus Capital Partners, could be interpreted by the market as a signal of reduced confidence or a move to diversify holdings, potentially exerting downward pressure on the stock price.

Risks

• The sale of a substantial block of shares by a major beneficial owner and director may lead to negative market sentiment regarding Garrett Motion Inc.'s future prospects.
• Increased selling pressure on Garrett Motion Inc.'s stock due to the reported insider transaction.

Future Outlook

NA

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide broader industry context. However, significant insider sales can sometimes influence investor perception within the automotive technology and turbocharger industry, where Garrett Motion operates.

Related Party Transactions

• The sale of 150,896 shares of Garrett Motion Inc. 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, constitutes a related party transaction.

Stakeholder Impact

• Shareholders: May experience negative sentiment and potential downward pressure on share price due to the insider sale.

Key Dates

Recommendation

Keywords

Garrett Motion Inc., GTX, Cyrus Capital Partners, SEC Form 4, Insider Trading, Beneficial Ownership, Stock Sale, Equity Transaction, Investment Funds