Form 4: Garrett Motion VP Earns 16,086 Shares from PSU Award

Garrett Motion Inc.'s VP, CAO and Controller, Joanne Lau, was awarded 16,086 shares of common stock from a performance-based stock unit grant.

Summary

• Joanne Lau, VP, CAO and Controller of Garrett Motion Inc. (GTX), acquired 16,086 shares of common stock.
• The acquisition occurred on February 11, 2026, with a transaction price of $0 per share.
• These shares represent performance-based stock units (PSUs) granted on February 17, 2023.
• The Issuer's Board of Directors, upon recommendation from its Talent Management & Compensation Committee, certified the achievement of applicable performance metrics and goals on February 11, 2026.
• The PSUs are scheduled to vest, in accordance with their terms, on February 17, 2026.
• Following this transaction, Joanne Lau beneficially owns 136,110 shares of Garrett Motion Inc. common stock.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting successful achievement of performance targets and reinforcing executive alignment with shareholder interests through equity compensation.

Positives

• The certification of performance metrics for the PSUs indicates that the company's pre-defined goals were met, reflecting positively on operational execution.
• The award of shares to a key executive like the VP, CAO and Controller aligns management's interests with those of shareholders, fostering long-term value creation.
• Performance-based compensation structures incentivize executives to achieve strategic objectives and financial targets.

Future Outlook

The performance-based stock units are scheduled to vest on February 17, 2026, indicating a future transfer of ownership of the awarded shares.

Industry Context

StockSavvy.ai notes that performance-based equity awards, such as PSUs, are a standard and widely adopted practice in executive compensation across various industries, including automotive and industrial technology. This mechanism is designed to align the long-term interests of executives with those of shareholders by tying compensation directly to the achievement of specific company performance targets.

Comparison to Industry Standards

• StockSavvy.ai observes that performance-based stock units (PSUs) are a common component of executive compensation packages across the automotive and industrial technology sectors, similar to practices at companies like BorgWarner or Honeywell, aiming to tie long-term incentives to specific operational or financial achievements.
• The use of a multi-year performance period (2023-2026) for the PSU grant is consistent with industry best practices for fostering sustained performance and discouraging short-termism, aligning with compensation strategies seen at peers such as Cummins or Eaton.

Corporate Governance

Stakeholder Impact

• Shareholders: Positive impact due to increased alignment of executive incentives with company performance and shareholder value creation.
• Employees (specifically Joanne Lau): Positive impact through the realization of performance-based compensation, rewarding achievement of set goals.

Next Steps

• The 16,086 shares from the performance-based stock units will vest on February 17, 2026.

Key Dates

Keywords

Garrett Motion, GTX, Insider Transaction, Form 4, Executive Compensation, Performance Stock Units, PSU Award, Stock Grant, Corporate Governance