Form 4: Garrett Motion Executive Reports Stock Withholding

Garrett Motion SVP Daniel Deiro reported the withholding of 5,641 shares to cover tax obligations related to restricted stock unit vesting.

Summary

• Daniel Deiro, SVP, CM & GM Japan/Korea at Garrett Motion Inc., executed a transaction on April 30, 2026.
• The transaction involved the withholding of 5,641 shares of common stock.
• The shares were withheld at a price of $25.61 per share.
• The withholding was conducted to satisfy tax liabilities associated with the partial vesting of restricted stock units originally granted on May 26, 2021.
• Following this transaction, the reporting person maintains a direct beneficial ownership of 163,783 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative event, as the share reduction is purely for tax compliance and does not reflect a change in the executive's outlook on the company.

Positives

• The transaction reflects the vesting of long-term equity incentives, indicating alignment between executive compensation and shareholder interests.

Negatives

• The transaction represents a reduction in the executive's direct shareholding, though it is specifically for tax settlement purposes.

Risks

• None identified; this is a routine administrative transaction related to tax obligations.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that this is a standard regulatory disclosure for executive equity compensation management, common among publicly traded automotive technology firms.

Comparison to Industry Standards

• The transaction follows standard corporate governance practices for handling tax obligations upon the vesting of equity awards.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine tax-related transaction.

Key Dates

Keywords

Garrett Motion, GTX, Form 4, Insider Trading, Stock Withholding, Executive Compensation