GTX Form 4: Oaktree entities sell 6,300,000 shares at $17

Rhea-AI Filing Summary

Garrett Motion (GTX) reported an insider transaction on a Form 4 involving multiple reporting persons. On 11/10/2025, the reporting group sold 6,300,000 shares of common stock at $17 per share (transaction code S). Following this sale, the reporting persons beneficially owned 17,094,816 shares indirectly.

The filing indicates it was filed by more than one reporting person, with the relationship box marked for Director. According to the footnotes, the securities are directly held by specified Oaktree entities, and each reporting person disclaims beneficial ownership except to the extent of their pecuniary interest.

Insights

Securities law analyst

Large insider sale reported; post-transaction holdings remain sizable.

The Form 4 shows a sale of 6,300,000 Garrett Motion shares at $17 on 11/10/2025 by a group of reporting persons associated with Oaktree-related entities. The transaction code is S, indicating an open market or private sale of non-derivative securities.

After the sale, the group reports 17,094,816 shares beneficially owned on an indirect basis. Footnotes clarify that the shares are directly held by named Oaktree entities and that the reporting persons disclaim beneficial ownership beyond pecuniary interest.

The filing is administrative in nature and does not specify strategic intent. Actual market impact, if any, depends on trading conditions and holder decisions disclosed in future company filings, if provided.

Insider Trade Summary

Net Seller: 6,300,000 shares ($107,100,000)

Net Sell 1 txn

Insider Oaktree Capital Group Holdings GP, LLC, Oaktree Value Opportunities Fund Holdings, L.P., OCM Opps GTM Holdings, LLC, Oaktree Capital Holdings, LLC, Oaktree Phoenix Investment Fund, L.P., Oaktree Opportunities Fund Xb Holdings (Delaware), L.P.

Role 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner

Sold 6,300,000 shs ($107.10M)

Type	Security	Shares	Price	Value
Sale	Common Stock, $0.001 par value per share	6,300,000	$17.00	$107.10M

Holdings After Transaction: Common Stock, $0.001 par value per share — 17,094,816 shares (Indirect, See Footnotes)

Footnotes (1)

1. The reported securities are directly held by Oaktree Value Opportunities Fund Holdings, L.P., OCM Opps GTM Holdings LLC, Oaktree Phoenix Investment Fund LP, and Oaktree Opportunities Fund Xb Holdings (Delaware), L.P. (collectively, the "Oaktree Entities"), which securities may be deemed beneficially owned by the direct and indirect managers or general partners of the Direct Holders including Oaktree Capital Holdings, LLC and Oaktree Capital Group Holdings GP, LLC. Each Reporting Person expressly disclaims beneficial ownership of the reported securities except with respect to such Reporting Person's pecuniary interest therein.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Oaktree Capital Group Holdings GP, LLC

(Last) (First) (Middle)

333 SOUTH GRAND AVENUE, 28TH FLOOR

(Street)

LOS ANGELES CA 90071

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Garrett Motion Inc. [ GTX,GTXAP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.001 par value per share	11/10/2025		S		6,300,000	D	$17	17,094,816	I	See Footnotes(1)(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Oaktree Capital Group Holdings GP, LLC

(Last) (First) (Middle)

333 SOUTH GRAND AVENUE, 28TH FLOOR

(Street)

LOS ANGELES CA 90071

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Oaktree Value Opportunities Fund Holdings, L.P.

(Last) (First) (Middle)

333 SOUTH GRAND AVENUE, 28TH FLOOR

(Street)

LOS ANGELES CA 90071

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

OCM Opps GTM Holdings, LLC

(Last) (First) (Middle)

333 SOUTH GRAND AVENUE, 28TH FLOOR

(Street)

LOS ANGELES CA 90071

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Oaktree Capital Holdings, LLC

(Last) (First) (Middle)

333 SOUTH GRAND AVENUE, 28TH FLOOR

(Street)

LOS ANGELES CA 90071

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Oaktree Phoenix Investment Fund, L.P.

(Last) (First) (Middle)

333 SOUTH GRAND AVENUE, 28TH FLOOR

(Street)

LOS ANGELES CA 90071

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Oaktree Opportunities Fund Xb Holdings (Delaware), L.P.

(Last) (First) (Middle)

333 SOUTH GRAND AVENUE, 28TH FLOOR

(Street)

LOS ANGELES CA 90071

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The reported securities are directly held by Oaktree Value Opportunities Fund Holdings, L.P., OCM Opps GTM Holdings LLC, Oaktree Phoenix Investment Fund LP, and Oaktree Opportunities Fund Xb Holdings (Delaware), L.P. (collectively, the "Oaktree Entities"), which securities may be deemed beneficially owned by the direct and indirect managers or general partners of the Direct Holders including Oaktree Capital Holdings, LLC and Oaktree Capital Group Holdings GP, LLC.

2. Each Reporting Person expressly disclaims beneficial ownership of the reported securities except with respect to such Reporting Person's pecuniary interest therein.

	/s/ Henry Orren, Managing Director	11/13/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did GTX report on Form 4?

A sale of 6,300,000 common shares at $17 per share on 11/10/2025 (code S).

How many Garrett Motion shares were beneficially owned after the transaction?

The reporting persons beneficially owned 17,094,816 shares indirectly after the sale.

Was the GTX Form 4 filed by more than one reporting person?

Yes. The form indicates it was filed by more than one reporting person.

What relationship to Garrett Motion was indicated for the reporting persons?

The filing marks the Director relationship box.

Who directly holds the reported GTX securities according to the footnotes?

Specified Oaktree entities, including Oaktree Value Opportunities Fund Holdings, L.P. and related entities.

Do the reporting persons claim full beneficial ownership of the GTX shares?

No. Each reporting person disclaims beneficial ownership except for their pecuniary interest.