secwatch.observer — SEC 8-K summary
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Issuer:     Garrett Motion Inc. (GTX)
CIK:        0001735707
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0000950142-24-001466
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Garrett Motion shareholders approve charter amendments lowering director removal threshold and enabling special meetings
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- Shareholders approved amendment to reduce stockholder vote required to remove directors and amend bylaws (189.5M for, 73K against).
- Shareholders approved officer exculpation amendment per Delaware law (178.4M for, 10.9M against).
- Shareholders approved amendment permitting stockholders to call special meetings (189.4M for, 80.8K against).
- Board adopted bylaw amendment establishing procedures for stockholders with 25% beneficial ownership to request special meetings.
- All nine director nominees elected; Deloitte SA ratified as auditor; say-on-pay advisory vote approved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1735707/000095014224001466/0000950142-24-001466-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1735707/000095014224001466/eh240488269_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-24-001466

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