Garrett Motion Inc.'s SVP & Chief Technology Officer just picked up 20 shares

Craig Balis, Garrett Motion Inc.'s SVP & Chief Technology Officer, recently acquired 20 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on April 30, 2021. Balis now owns 101,445 shares of the company. Balis operates out of Rolle, V8. Some additional info was provided as follows:

Represents the acquisition of 20 shares by operation of the Company's chapter 11 plan of reorganization, which was confirmed by an order of the United States Bankruptcy Court for the Southern District of New York entered on April 26, 2021 and became effective on April 30, 2021 (the "Plan"), in exchange for shares held by the reporting person prior to the effectiveness of the Plan.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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