Olivier Rabiller, Garrett Motion Inc.'s President & CEO and a director of the company, recently acquired 454,499 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 May 26, 2021. Rabiller now owns 601,299 shares of the company. Rabiller operates out of Rolle, V8. Some additional info was provided as follows:
Represents a grant of restricted stock units ("RSUs") under the Garrett Motion Inc. 2021 Long-term Incentive Plan. The RSUs are scheduled to vest in five equal annual installments on the first, second, third, fourth and fifth anniversary of the grant date, subject to continued employment.
The above information was disclosed in a filing to th e SEC. To see the filing, click here.
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