Form 4: Garrett Motion CEO Sells 430,000 Shares

Garrett Motion Inc.'s President and CEO, Olivier Rabiller, sold a total of 430,000 shares of common stock over three days in late February 2026, pursuant to a Rule 10b5-1 plan.

Summary

• Olivier Rabiller, President & CEO and a Director of Garrett Motion Inc. (GTX), reported the sale of 430,000 shares of common stock.
• The transactions occurred on February 25, 2026, February 26, 2026, and February 27, 2026.
• On February 25, 2026, 143,000 shares were sold at a weighted average price of $20.3181, with prices ranging from $20.11 to $20.48.
• On February 26, 2026, another 143,000 shares were sold at a weighted average price of $20.287, with prices ranging from $20.025 to $20.525.
• On February 27, 2026, 144,000 shares were sold at a weighted average price of $20.3191, with prices ranging from $20.05 to $20.47.
• Following these transactions, Olivier Rabiller directly beneficially owns 905,546 shares of Garrett Motion Inc. common stock.
• The sales were executed pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a moderately negative signal due to the significant volume of shares sold by a key executive, although the pre-planned nature under Rule 10b5-1 somewhat mitigates the immediate negative interpretation.

Negatives

• The President and CEO sold a significant number of shares (430,000), which could be interpreted by the market as a signal of reduced confidence in the company's near-term stock price or future prospects.
• The total value of shares sold exceeds $8.7 million based on the weighted average prices.

Risks

• Potential negative market perception due to significant insider selling, even if pre-planned.
• The sales could lead to increased selling pressure on the stock if other investors interpret it as a bearish signal.
• Reduced alignment of the CEO's personal wealth with the company's stock performance, although a substantial holding remains.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, even when pre-planned under Rule 10b5-1, can sometimes be interpreted by the market as a signal regarding management's long-term outlook on the company's valuation or future prospects. While 10b5-1 plans are designed to allow insiders to sell shares without being accused of trading on material non-public information, the sheer volume of shares sold by a top executive can still influence investor sentiment.

Stakeholder Impact

• Shareholders may perceive the insider sale as a negative signal regarding the company's future prospects or valuation.
• Employees might observe the executive's share sales, potentially impacting morale or confidence, though the 10b5-1 plan context is important.

Key Dates

Recommendation

While the sales were executed under a pre-planned Rule 10b5-1 program, the significant volume of shares sold by the President and CEO warrants a cautious 'hold' recommendation. Investors should monitor future insider activity and company performance, as large insider sales, even planned ones, can sometimes precede periods of underperformance or reflect a management view on valuation.

Keywords

Garrett Motion, GTX, Insider Sale, Form 4, Olivier Rabiller, CEO, Stock Sale, 10b5-1 Plan