Deason Sean 4

What Happened

• Sean Deason, Chief Financial Officer of Garrett Motion Inc. (GTX), had 19,268 shares withheld to satisfy tax withholding and was granted 33,336 restricted stock units (RSUs) on March 5, 2026. The withheld shares were reported as a disposal at $18.87 per share for a total of $363,587. The RSU grant is reported at $0.00 on the Form 4 (award/grant).

Key Details

• Transaction dates and prices: March 5, 2026 — 19,268 shares withheld (code F) at $18.87/share; 33,336 RSUs granted (code A) reported at $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1—shares withheld by Garrett Motion to pay tax liability from partial vesting of RSUs granted on March 5, 2024 and March 5, 2025. F2—new RSU grant under the 2021 Long‑term Incentive Plan; these RSUs vest in three equal annual installments on the first, second and third anniversaries of the grant, subject to continued service.
• Filing timeliness: Form filed on March 9, 2026 (reporting period March 5, 2026); appears to be a routine, timely Form 4 filing.
• Transaction codes explained: F = tax withholding (disposal of shares to cover tax), A = award/grant of restricted stock units.

Context

• The 19,268-share disposal was a tax-withholding event tied to RSU vesting (routine administrative sale), not an open-market decision to monetize additional holdings. The 33,336 RSUs are a new grant subject to multi-year vesting, so they do not convey immediately realizable cash unless and until vested and sold.