GTX.NASDAQGarrett Motion INC

Form 4: Garrett Motion Inc. Executive Jerome Maironi Reports Stock Transaction

Sentiment:

SEC Form 4 Filing

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Jerome Maironi, SVP, GC & Corp. Secretary of Garrett Motion Inc., reports disposition of shares to cover tax obligations upon vesting of restricted stock units.

Summary

  • On April 30, 2025, Jerome Maironi, SVP, GC & Corp. Secretary of Garrett Motion Inc., filed a Form 4.
  • The form reports a transaction where 9,705 shares of common stock were disposed of to cover tax liabilities.
  • The shares were withheld by Garrett Motion Inc. for payment of tax liability incurred upon the partial vesting of restricted stock units granted on May 26, 2021.
  • The price per share for the transaction was $9.22.
  • Following the transaction, Maironi beneficially owns 227,536 shares of Garrett Motion Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to equity compensation.

Key Dates

DateDescription
May 26, 2021Date of grant for the restricted stock units that triggered the tax liability.
April 30, 2025Date of the stock transaction (disposal of shares).
May 02, 2025Date of the signature on the Form 4 filing.

Keywords

Form 4, Garrett Motion Inc., Jerome Maironi, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Tax Liability

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