Garrett Motion Executive Sells $13.5M in GTX Stock Across Two Weeks — More Than the Award He Just Received
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
Breaking News Editor at 13F Insight. First to report on major SEC filings, institutional moves, and regulatory developments.
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