---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-23-001601"
form_type: "8-K"
ticker: "GTX"
cik: "0001735707"
company_name: "Garrett Motion Inc."
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:24:37.513407+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Garrett Motion to convert all Series A Preferred into common on June 12, 2023

## Summary
- Certificate of Designations amendment effective and Series A Repurchase expected to close on June 6, 2023.
- Each Series A Preferred share converts into one share of common stock automatically at 5:00 p.m. EDT on June 12, 2023.
- Preferred holders receive $0.144375 cash plus approx. 0.104379 common shares per share as accrued dividends through Sept. 30, 2023.
- Dividend payment made on or before June 20, 2023; fractional shares settled in cash.

## SEC filing metadata
- accession: 0000950142-23-001601
- form_type: 8-K
- ticker: GTX
- cik: 0001735707
- company_name: Garrett Motion Inc.
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1735707/000095014223001601/0000950142-23-001601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1735707/000095014223001601/eh230365407_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-23-001601
- JSON: https://secwatch.observer/filing/0000950142-23-001601.json
- Plain text: https://secwatch.observer/filing/0000950142-23-001601.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.