Form 4: Garrett Motion Director Receives Stock Units

Paul A. Camuti, a Director at Garrett Motion Inc., was granted deferred stock units in lieu of cash compensation.

Summary

• Paul A. Camuti, a Director at Garrett Motion Inc. (GTX), received a grant of 924 deferred stock units on April 1, 2026.
• These units were awarded under the Garrett Motion Inc. 2021 Long-term Incentive Plan as compensation for his services as a non-employee director.
• The deferred stock units vest immediately upon grant.
• Payment will be made in common stock on the earlier of a Change in Control of the Issuer or six months after Camuti ceases to be a director.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard compensation adjustment for a director rather than a significant financial event for the company.

Positives

• Director compensation is being structured using equity, aligning director interests with shareholders.
• Immediate vesting of deferred stock units provides current incentive for the director.

Risks

• The value of the deferred stock units is subject to the future stock price of Garrett Motion Inc.
• Potential for delayed payout if a Change in Control does not occur and the director's service continues beyond six months from cessation.

Future Outlook

The deferred stock units are payable in common stock upon specific future events, indicating a long-term incentive structure.

Industry Context

StockSavvy.ai notes that the use of deferred stock units for director compensation is a common practice in the automotive parts industry, aiming to align executive and director interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: The issuance of stock units aligns director incentives with shareholder interests, potentially leading to better governance and long-term value creation.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Creditors: No direct impact mentioned.

Next Steps

• Payment of common stock upon a Change in Control of Garrett Motion Inc.
• Payment of common stock six months after the reporting person's cessation of service on the Board of Directors.

Key Dates

Keywords

Garrett Motion Inc., GTX, Form 4, Director Compensation, Deferred Stock Units, Equity Compensation, SEC Filing, Insider Transaction