Olivier Rabiller, an insider at Garrett Motion Inc. (GTX), sold 144,000 shares of the company's stock on February 27, 2026. The shares were sold at a price of $20.32 each, amounting to a total transaction value of approximately $2,926,080.
This transaction follows a series of sales by Mr. Rabiller and other company insiders in late February. On February 26, Mr. Rabiller sold an additional 143,000 shares for roughly $2,901,470, and on February 25, he sold another 143,000 shares for approximately $2,905,760. Daniel Deiro, another insider, also executed sales during this period.
Insider sales can occur for various personal financial reasons, including tax planning, portfolio diversification, or liquidity needs, and do not necessarily indicate a change in the company's fundamental outlook.