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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.

By , Breaking News Editor
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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
Alex RiveraBreaking News Editor

Breaking News Editor at 13F Insight. First to report on major SEC filings, institutional moves, and regulatory developments.

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