Form 4: Garrett Motion Inc. Executive Mabru Reports Tax Liability Share Withholding

Sentiment:

SEC Form 4 Filing


Thierry Mabru, SVP of Integrated Supply Chain at Garrett Motion Inc., reports the withholding of shares to cover tax liabilities upon the vesting of restricted stock units.

Summary

  • On February 17, 2025, Thierry Mabru, SVP of Integrated Supply Chain at Garrett Motion Inc., had 6,561 shares of common stock withheld by the company to cover tax liabilities.
  • This was due to the partial vesting of restricted stock units granted on February 17, 2023.
  • Following the transaction, Mabru directly owns 133,948 shares of Garrett Motion Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard executive compensation practices and does not inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the equity holdings of company insiders.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects a change in the executive's stock ownership due to tax obligations.

Key Dates

DateDescription
02/17/2023Date of grant for the restricted stock units that partially vested.
02/17/2025Date of the transaction where shares were withheld for tax liability.
02/19/2025Date of signature for the Form 4 filing.

Keywords

Form 4, Garrett Motion Inc., GTX, Thierry Mabru, SVP Integrated Supply Chain, Share Withholding, Restricted Stock Units, Tax Liability, Beneficial Ownership

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.