Form 4: Garrett Motion Inc. Executive Joanne Lau Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Joanne Lau, VP, CAO and Controller of Garrett Motion Inc., disposed of 409 shares of common stock on March 3, 2024, to cover tax liabilities from vesting restricted stock units.
Summary
- On March 3, 2024, Joanne Lau, VP, CAO and Controller of Garrett Motion Inc., disposed of 409 shares of common stock.
- The transaction was executed to cover tax liabilities incurred upon the partial vesting of restricted stock units granted on March 3, 2022.
- The shares were disposed of at a price of $9.87 per share.
- Following the transaction, Lau directly owns 76,124 shares of Garrett Motion Inc. common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, with no indication of positive or negative sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/03/2022 | Date of grant for the restricted stock units that triggered the tax liability. |
| 03/03/2024 | Date of the stock disposal to cover tax liabilities. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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