Form 4: Garrett Motion Inc. Executive Joanne Lau Reports Share Disposal for Tax Obligations

Joanne Lau, VP, CAO and Controller of Garrett Motion Inc., disposed of 291 shares to cover tax liabilities from vesting restricted stock units.

Summary

• On February 17, 2025, Joanne Lau, VP, CAO and Controller of Garrett Motion Inc., disposed of 291 shares of common stock.
• The disposal was executed to cover tax liabilities incurred upon the partial vesting of restricted stock units granted on February 17, 2023.
• The shares were disposed of at a price of $9.2 per share.
• Following the transaction, Joanne Lau beneficially owns 107,709 shares of Garrett Motion Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It reflects a standard transaction related to executive compensation and tax obligations.

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 practice of covering tax obligations related to equity compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive to cover tax obligations.

Key Dates

Keywords

Form 4, Garrett Motion Inc., Joanne Lau, insider trading, stock disposal, restricted stock units, tax liability, beneficial ownership