Form 4: Garrett Motion Director Receives Stock Units
Statement of Changes in Beneficial Ownership
Paul A. Camuti, a Director at Garrett Motion Inc., was granted deferred stock units as compensation for his services.
Summary
- Paul A. Camuti, a Director at Garrett Motion Inc. (GTX), received a grant of 512 deferred stock units on July 1, 2026.
- These units are in lieu of cash compensation for his role as a non-employee director.
- The deferred stock units vest immediately upon grant.
- They are payable 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.
Positives
- Director compensation is being structured using equity, aligning director interests with shareholders.
- Immediate vesting of deferred stock units indicates confidence in the director's ongoing contribution.
Risks
- The value of the deferred stock units is subject to the future stock price of Garrett Motion Inc.
- Potential for a Change in Control event could trigger early payout, impacting long-term strategic alignment if not managed carefully.
Future Outlook
The deferred stock units are payable upon a Change in Control or six months after the reporting person's cessation of service, indicating potential future share issuance.
Industry Context
StockSavvy.ai notes that the use of deferred stock units for director compensation is a common practice in the automotive technology and manufacturing sectors, aiming to align executive and director interests with long-term shareholder value.
Related Party Transactions
- Grant of deferred stock units to Director Paul A. Camuti in lieu of cash compensation.
Stakeholder Impact
- Shareholders: Potential dilution if units are settled in stock, but also alignment of director interests.
- Employees: No direct impact mentioned.
- Creditors: No direct impact mentioned.
Next Steps
- Payment of deferred stock units upon a Change in Control or six months after cessation of director service.
Key Dates
| Date | Description |
|---|---|
| 07/01/2026 | Transaction Date: Grant of deferred stock units. |
| 07/06/2026 | Date of Report Signature. |
Keywords
Garrett Motion, GTX, Form 4, Director Compensation, Deferred Stock Units, Equity Compensation, SEC Filing, Insider Trading
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