Form 4: Garrett Motion Inc. Executive Pierre Barthelet Reports Stock Transaction
SEC Form 4 Filing
Pierre Barthelet, SVP at Garrett Motion Inc., reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 17, 2025, Pierre Barthelet, a Senior Vice President at Garrett Motion Inc., disposed of 4,466 shares of common stock to cover tax liabilities.
- The shares were withheld by Garrett Motion Inc. for payment of tax liability incurred upon the partial vesting of restricted stock units granted on February 17, 2023.
- The transaction was executed at a price of $9.2 per share.
- Following the transaction, Barthelet directly owns 86,867 shares of Garrett Motion Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates a common practice of executives covering tax obligations through stock disposals upon vesting of equity awards.
Key Dates
| Date | Description |
|---|---|
| February 17, 2023 | Date of grant for the restricted stock units that partially vested. |
| February 17, 2025 | Date of the stock transaction (disposal of shares). |
| February 19, 2025 | Date of the signature on the Form 4 filing. |
Keywords
Garrett Motion Inc., Pierre Barthelet, Form 4, Stock Transaction, Insider Trading, Restricted Stock Units, Tax Liability, GTX
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.