Form 4: Cyrus Capital Partners Sells 50,000 Shares of Garrett Motion Inc.

Cyrus Capital Partners, a significant shareholder of Garrett Motion Inc. [GTX], disposed of 50,000 shares of common stock at a price of $12.05 per share on May 14, 2025.

Summary

• On May 14, 2025, Cyrus Capital Partners, L.P. sold 50,000 shares of Garrett Motion Inc. (GTX) common stock.
• The sale price was $12.05 per share.
• Following the transaction, Cyrus Capital Partners indirectly beneficially owns 24,901,724 shares.
• The reporting entities include Cyrus Capital Partners, L.P., Cyrus Capital Partners GP, L.L.C., and Stephen C. Freidheim.
• These entities may be deemed to have beneficial ownership due to their roles as investment manager, general partner, and chief investment officer, respectively.

Sentiment

Score: 5

Explanation: Neutral sentiment as it simply reports a transaction. The sale of shares could be for various reasons and doesn't necessarily indicate a negative outlook.

Negatives

• Cyrus Capital Partners reduced its holdings in Garrett Motion Inc. by selling 50,000 shares.

Industry Context

This transaction reflects the trading activity of a major shareholder in Garrett Motion Inc., which can be indicative of their investment strategy or portfolio adjustments. Monitoring such transactions is important for understanding investor sentiment towards the company.

Stakeholder Impact

• The sale of shares by a major shareholder could potentially influence investor confidence and, consequently, the stock price of Garrett Motion Inc.

Key Dates

Keywords

Garrett Motion Inc., GTX, Cyrus Capital Partners, Stephen C. Freidheim, share sale, beneficial ownership, Form 4