Form 4: Garrett Motion Executive Reports Stock Withholding
Statement of Changes in Beneficial Ownership
Thierry Mabru, SVP of Integrated Supply Chain at Garrett Motion, reported the withholding of 7,396 shares to cover tax obligations.
Summary
- Thierry Mabru, SVP of Integrated Supply Chain at Garrett Motion Inc. (GTX), executed a transaction on April 30, 2026.
- The transaction involved the withholding of 7,396 shares of common stock by the company.
- The shares were withheld at a price of $25.61 per share.
- The purpose of the transaction was to satisfy tax liabilities related to the partial vesting of restricted stock units (RSUs) originally granted on May 26, 2021.
- Following this transaction, the reporting person maintains a direct beneficial ownership of 217,956 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine tax-related transaction rather than a discretionary sale of stock.
Positives
- The transaction reflects the vesting of long-term equity incentives, indicating continued alignment between executive compensation and shareholder interests.
Negatives
- The transaction resulted in a reduction of the executive's direct shareholding in the company.
Risks
- None identified; this is a routine administrative transaction related to tax withholding.
Future Outlook
No forward-looking guidance or strategic outlook provided in this filing.
Industry Context
StockSavvy.ai notes that this is a standard administrative filing common in the automotive technology sector, where equity-based compensation is frequently used to retain key leadership talent.
Comparison to Industry Standards
- The practice of withholding shares to satisfy tax obligations upon RSU vesting is a standard corporate governance procedure consistent with practices at peer companies like BorgWarner and Tenneco.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related administrative action.
Key Dates
| Date | Description |
|---|---|
| 05/26/2021 | Original grant date of the restricted stock units. |
| 04/30/2026 | Date of the reported transaction involving share withholding. |
| 05/04/2026 | Date the Form 4 was signed and filed. |
Keywords
Garrett Motion, GTX, Insider Trading, Form 4, Stock Withholding, Executive Compensation
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