Garrett Motion Executive Sells $13.5M in GTX Stock Across Two Weeks — More Than the Award He Just Received

Alex Rivera

Garrett Motion executive Olivier Rabiller received a 456,461-share award on Feb 11 and then sold 662,963 shares ($13.5M) over two weeks — offloading far more than he was granted.

Garrett Motion Executive Sells More Than He Was Awarded in Massive February Sell-Off

Garrett Motion (GTX) executive Olivier Rabiller sold 662,963 shares worth $13.5 million across five transactions in February 2026 — and here is what makes it unusual: he only received a 456,461-share award on February 11. He sold 45% more than the award, eating into his existing stake.

After the selling spree, Rabiller holds 905,546 GTX shares, down from 1,568,509 before the first sale. That is a 42% reduction in his position over just two weeks.

Transaction Timeline

Date Action Shares Price Est. Value Shares After
Feb 11 Award (A) 456,461 $0.00 1,568,509
Feb 17 Sell (S) 27,554 $20.62 $568,163 1,540,955
Feb 17 Sell (S) 205,409 $20.62 $4,235,534 1,335,546
Feb 25 Sell (S) 143,000 $20.32 $2,905,488 1,192,546
Feb 26 Sell (S) 143,000 $20.29 $2,901,041 1,049,546
Feb 27 Sell (S) 144,000 $20.32 $2,925,950 905,546

Total sold: 662,963 shares at ~$20.30 average = $13,536,176

The Pattern: Receive Award, Then Sell Even More

This is not Rabiller’s first time running this playbook. His recent history shows a consistent annual cycle:

  • Mar 2025: Received 193,582-share award → sold 27,554 shares at $9.35 ($278K)
  • Apr-May 2025: Sold 40,905 more shares at $9.22 ($377K)
  • Feb 2026: Received 456,461-share award → sold 662,963 shares at $20.30 ($13.5M)

The key difference this year: GTX stock has more than doubled from ~$9 in early 2025 to ~$20 now. The same selling behavior at a higher price generates dramatically larger proceeds. Rabiller sold $13.5M this February versus roughly $650K in the same window last year.

A Second Insider Also Sold

Rabiller was not alone. Daniel Deiro also sold $405,710 in GTX shares on February 26 (20,000 shares at $20.29), adding a second insider sell signal within the same week.

What to Watch

  • Additional insider filings: Rabiller still holds 905K+ shares — any continued selling would accelerate the position reduction
  • Quarterly earnings: Post-award selling at this scale can coincide with quarterly blackout window openings
  • GTX price action: The stock doubling from $9 to $20 in a year may attract profit-taking from other insiders and institutional holders
  • Institutional positioning: Check GTX’s institutional holder page for whether 13F filers are also trimming
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