Form 4: Garrett Motion SVP Craig Balis Executes Stock Tax Withhold

SVP and Chief Technology Officer Craig Balis disposed of 9,129 shares of Garrett Motion Inc. to satisfy tax obligations.

Summary

• Craig Balis, SVP & Chief Technology Officer of Garrett Motion Inc., reported the disposal of 9,129 shares of common stock.
• The transaction occurred on April 30, 2026, at a price of $25.61 per share.
• The disposal was executed to cover tax liabilities associated with the partial vesting of restricted stock units granted on May 26, 2021.
• Following this transaction, the reporting person maintains beneficial ownership of 274,808 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the share disposal is purely administrative and related to tax obligations rather than a change in executive sentiment.

Positives

• The transaction was a routine administrative action related to tax withholding upon the vesting of equity awards, rather than a discretionary market sale.

Negatives

• Reduction in the direct shareholding of a key executive officer.

Risks

• None identified; this is a standard regulatory disclosure for executive compensation tax compliance.

Future Outlook

Not applicable; this is a historical transaction report.

Industry Context

StockSavvy.ai notes that this filing is a standard administrative disclosure common in the automotive technology sector, where equity-based compensation is a primary tool for executive retention.

Comparison to Industry Standards

• The transaction aligns with standard corporate governance practices for handling tax liabilities on vested equity awards among publicly traded companies.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was a non-discretionary tax withholding event.

Key Dates

Keywords

Garrett Motion, GTX, Form 4, Insider Trading, Executive Compensation, Tax Withholding