Form 4: Garrett Motion Inc. Director Julia Steyn Sells 14,000 Shares
SEC Form 4 Filing
Director Julia Steyn sold 14,000 shares of Garrett Motion Inc. (GTX) common stock at an average price of $8.7711 on July 31, 2024.
Summary
- On July 31, 2024, Julia Steyn, a director of Garrett Motion Inc., sold 14,000 shares of the company's common stock.
- The shares were sold at a weighted average price of $8.7711, with individual transaction prices ranging from $8.7050 to $8.8465.
- Following the transaction, Steyn directly owns 53,781 shares of Garrett Motion Inc.
- The sale was reported on August 2, 2024, in a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of transaction: Julia Steyn sold 14,000 shares of Garrett Motion Inc. |
| 08/02/2024 | Date of Form 4 filing with the SEC. |
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