Form 4: Cyrus Capital Partners Sells 200,000 Shares of Garrett Motion Inc.

Cyrus Capital Partners, a significant shareholder of Garrett Motion Inc., disposed of 200,000 shares of common stock at an average price of $11.3806 on May 8, 2025.

Summary

• Cyrus Capital Partners, L.P., along with related entities Cyrus Capital Partners GP, L.L.C. and Stephen C. Freidheim, reported a transaction involving Garrett Motion Inc. (GTX) common stock.
• On May 8, 2025, Cyrus Capital Partners sold 200,000 shares of GTX at a weighted average price of $11.3806 per share, with prices ranging from $11.3512 to $11.41.
• Following the transaction, the Reporting Persons beneficially own 24,951,724 shares of Garrett Motion Inc.
• The shares are held indirectly through various private investment funds managed by Cyrus Capital Partners.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a transaction by a major shareholder. It doesn't inherently convey positive or negative sentiment, but rather reports a factual event.

Industry Context

This transaction represents a change in holdings by a major shareholder, which is a common occurrence. Monitoring such transactions can provide insights into investor sentiment regarding Garrett Motion Inc.'s prospects.

Stakeholder Impact

• The sale of shares by a major shareholder could potentially influence the market's perception of Garrett Motion Inc., impacting shareholders.

Key Dates

Keywords

Garrett Motion Inc., Cyrus Capital Partners, share sale, beneficial ownership, GTX, Stephen C. Freidheim