Form 4: Director Daniel Ninivaggi Sells Garrett Motion Shares

Director Daniel A. Ninivaggi sold 17,178 shares of Garrett Motion Inc. common stock on May 15, 2026.

Summary

• Director Daniel A. Ninivaggi disposed of 17,178 shares of Garrett Motion Inc. (GTX) common stock.
• The shares were sold at a weighted average price of $31.2198 per share.
• The transaction was executed pursuant to a Rule 10b5-1(c) trading plan.
• Following the transaction, the reporting person retains beneficial ownership of 124,885 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was executed under a pre-arranged 10b5-1 plan, which is a standard practice for corporate insiders.

Positives

• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, which typically indicates the sale was planned in advance rather than based on immediate non-public information.

Negatives

• The sale represents a reduction in the director's direct equity stake in the company.

Risks

• Insider selling can sometimes be perceived by the market as a lack of confidence in the short-term stock price performance.

Future Outlook

No forward-looking guidance or operational outlook was provided in this filing.

Industry Context

StockSavvy.ai notes that director stock sales are common occurrences for liquidity or portfolio diversification purposes and are often executed via pre-planned 10b5-1 programs to avoid regulatory scrutiny regarding insider trading.

Comparison to Industry Standards

• The use of a Rule 10b5-1 trading plan is the industry standard for corporate insiders to sell shares while maintaining compliance with SEC regulations.

Stakeholder Impact

• Minimal impact expected as the transaction was pre-planned and represents a small portion of the director's total holdings.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Garrett Motion, GTX, Insider Trading, Form 4, Daniel Ninivaggi, Stock Sale