Form 4: Garrett Motion Inc. Director Paul A. Camuti Acquires Shares Through Deferred Stock Units

Director Paul A. Camuti acquired 1,777 shares of Garrett Motion Inc. common stock through a grant of deferred stock units in lieu of cash compensation.

Summary

• On April 1, 2025, Paul A. Camuti, a director of Garrett Motion Inc., acquired 1,777 shares of common stock.
• The acquisition was a grant of deferred stock units under the company's 2021 Long-term Incentive Plan.
• These units were granted in lieu of cash compensation for his service as a non-employee director.
• The deferred stock units vest immediately upon grant.
• They are payable as common stock upon a Change in Control of the Issuer or six months after the director's cessation of service on the Board.
• Following the transaction, Camuti directly owns 23,587 shares of Garrett Motion Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. There's no indication of significant positive or negative implications.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
• The use of deferred stock units aligns the director's interests with those of the shareholders.

Future Outlook

The deferred stock units are payable as common stock upon a Change in Control of the Issuer or six months after the director's cessation of service on the Board.

Industry Context

This filing is a routine disclosure of a director's acquisition of company stock, which is common in publicly traded companies. It reflects part of the compensation structure for non-employee directors.

Stakeholder Impact

• The acquisition of shares by a director can have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Garrett Motion Inc., Director, Paul A. Camuti, Deferred Stock Units, Common Stock, Acquisition, Incentive Plan, Beneficial Ownership