Form 4: Garrett Motion Inc. Director Paul A. Camuti Acquires 4,270 Shares of Common Stock

Director Paul A. Camuti reports acquisition of 4,270 shares of Garrett Motion Inc. common stock through a grant of restricted stock units.

Summary

• On April 1, 2024, Paul A. Camuti, a director of Garrett Motion Inc., acquired 4,270 shares of common stock.
• The acquisition was a result of a grant of restricted stock units under the company's 2021 Long-term Incentive Plan.
• These restricted stock units will vest in full on May 29, 2024, contingent upon Camuti's continued service with the company through that date.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction related to executive compensation. The acquisition of shares by a director is generally viewed positively, but the document itself is simply a factual disclosure.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Future Outlook

The document outlines the vesting of restricted stock units on May 29, 2024, contingent on continued service, indicating a future event tied to the director's ongoing role within the company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the alignment of interests between company leadership and shareholders.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Next Steps

• The restricted stock units will vest on May 29, 2024, assuming continued service of the reporting person.

Key Dates