Form 4: Garrett Motion Inc. Executive Daniel Deiro Reports Stock Transaction
SEC Form 4 Filing
Daniel Deiro, SVP, GCM & GM Japan/Korea at Garrett Motion Inc., reports a transaction involving the withholding of shares for tax liability upon vesting of restricted stock units.
Summary
- On April 30, 2024, Daniel Deiro, an SVP at Garrett Motion Inc., reported a transaction.
- The transaction involved the withholding of 5,640 shares of common stock at a price of $9.56 per share.
- These shares were withheld by Garrett Motion Inc. for payment of the tax liability incurred upon the partial vesting of restricted stock units granted on May 26, 2021.
- Following the transaction, Deiro beneficially owns 139,433 shares of Garrett Motion Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation.
Industry Context
This is a routine filing related to executive compensation and does not necessarily reflect a significant event for the company.
Key Dates
| Date | Description |
|---|---|
| 05/26/2021 | Date of grant for the restricted stock units that partially vested. |
| 04/30/2024 | Date of the stock transaction (share withholding). |
| 05/02/2024 | Date of signature for the Form 4 filing. |
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