SCHEDULE: Sessa Capital Discloses 2.15% Stake in Garrett Motion

Sessa Capital entities and John Petry have disclosed a collective beneficial ownership of 2.15% in Garrett Motion Inc. common stock.

Summary

• Sessa Capital (Master), L.P., Sessa Capital GP, LLC, Sessa Capital IM, L.P., Sessa Capital IM GP, LLC, and John Petry collectively beneficially own 4,348,770 shares of Garrett Motion Inc. common stock.
• This aggregate amount represents 2.15% of the class of securities.
• The reporting persons hold shared voting power and shared dispositive power over all 4,348,770 shares.
• The filing is an Amendment No. 5 to a Schedule 13G, indicating a change in beneficial ownership from previous filings.
• The beneficial ownership is stated not to be for the purpose of changing or influencing control of the issuer, except for activities solely related to a nomination under Rule 14a-11.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative operational or financial news.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from the issuer.

Industry Context

This filing is a standard disclosure of an institutional investor's passive stake in a publicly traded company, common across all industries. It does not provide specific insights into Garrett Motion's industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, which may influence perceptions of institutional interest in the company.

Key Dates

Keywords

Garrett Motion Inc., Sessa Capital, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Equity Stake