GTX.NASDAQGarrett Motion INC

Form 4: Garrett Motion Inc. Executive Sean Deason Reports Stock Transaction

Sentiment:

SEC Form 4 Filing

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Sean Deason, SVP & Chief Financial Officer of Garrett Motion Inc., reports disposition of shares to cover tax obligations upon vesting of restricted stock units.

Summary

  • On April 30, 2025, Sean Deason, the SVP & Chief Financial Officer of Garrett Motion Inc., reported a transaction involving the company's common stock.
  • Deason disposed of 12,529 shares to cover tax liabilities incurred upon the vesting of restricted stock units.
  • The shares were disposed of at a price of $9.22 per share.
  • Following the transaction, Deason directly owns 309,996 shares of Garrett Motion Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by a company executive; it doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors about their trading activities.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects an executive's stock activity related to compensation.

Key Dates

DateDescription
05/26/2021Date of grant for the restricted stock units that vested partially on 04/30/2025.
04/30/2025Date of the reported transaction where shares were disposed of to cover tax liabilities.
05/02/2025Date of signature for the Form 4 filing.

Keywords

Garrett Motion Inc., Sean Deason, stock transaction, Form 4, restricted stock units, tax liability, beneficial ownership

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