Form 4: Garrett Motion Inc. Executive Mabru Reports Tax Liability Share Withholding
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
| Date | Description |
|---|---|
| 02/17/2023 | Date of grant for the restricted stock units that partially vested. |
| 02/17/2025 | Date of the transaction where shares were withheld for tax liability. |
| 02/19/2025 | Date 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
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