Form 4: Garrett Motion Inc. Executive Mabru Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Thierry Mabru, SVP of Integrated Supply Chain at Garrett Motion Inc., reports acquisition and disposal of common stock and restricted stock units.

Summary

  • On March 5, 2025, Thierry Mabru, SVP of Integrated Supply Chain at Garrett Motion Inc., reported transactions involving Garrett Motion Inc. common stock.
  • Mabru had 6,212 shares withheld for payment of tax liability incurred upon the partial vesting of restricted stock units granted on March 5, 2024, at a price of $9.35.
  • Mabru was also granted 40,470 restricted stock units under the Garrett Motion Inc. 2021 Long-term Incentive Plan.
  • These restricted stock units vest in three equal annual installments on the first, second, and third anniversary of the grant date, contingent upon continued service.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

  • The grant of 40,470 restricted stock units to Thierry Mabru indicates continued investment in key personnel.
  • The vesting schedule of the restricted stock units incentivizes continued service with the company.

Future Outlook

The restricted stock units vest in three equal annual installments, subject to continued service, indicating a long-term incentive for the reporting person.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's confidence in the company's future performance.

Stakeholder Impact

  • Shareholders can use this information to understand insider activity and potential alignment of interests.
  • Employees may be interested in the details of the long-term incentive plan.

Key Dates

DateDescription
03/05/2024Date of original restricted stock unit grant.
03/05/2025Date of reported transactions (stock withholding and new RSU grant).
03/07/2025Date of signature on the Form 4 filing.

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