---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-288673"
form_type: "8-K"
ticker: "GTX"
cik: "0001735707"
company_name: "Garrett Motion Inc."
filed_at: "2021-10-01T23:59:59+00:00"
generated_at: "2026-06-29T00:01:39.536317+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Garrett Motion amends Series B terms, plans $213M partial redemption, defers put option to Dec 2022

## Summary
- Partial redemption of Series B Preferred Stock in Q1 2022 for ~$213M; remaining present value ~$400M.
- Series B put option deferred to at least Dec 31, 2022, improving capital flexibility.
- Scheduled $34.8M annual redemption payment on April 30, 2022 remains unchanged.
- Tina Pierce replaces Darius Adamczyk as Honeywell designee on Board, effective Sept 30, 2021.
- Series A Preferred Stock (GTXAP) begins trading on Nasdaq on Oct 1, 2021.

## SEC filing metadata
- accession: 0001193125-21-288673
- form_type: 8-K
- ticker: GTX
- cik: 0001735707
- company_name: Garrett Motion Inc.
- filed_at: 2021-10-01T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.03, 5.03, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1735707/000119312521288673/0001193125-21-288673-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1735707/000119312521288673/d237339d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-288673
- JSON: https://secwatch.observer/filing/0001193125-21-288673.json
- Plain text: https://secwatch.observer/filing/0001193125-21-288673.txt

## Key facts
- Executive change
  Tina Pierce was appointed as Director at Garrett Motion Inc..
  - Action: appointed
  - Role: Director
  source text: Darius Adamczyk was replaced as Honeywell’s designee on the Company’s Board of Directors (the “ Board ”) by Tina Pierce
  evidence_url: https://www.sec.gov/Archives/edgar/data/1735707/000119312521288673/0001193125-21-288673-index.htm
- Executive change
  Darius Adamczyk departed as Director at Garrett Motion Inc..
  - Action: replaced
  - Role: Director
  source text: Darius Adamczyk was replaced as Honeywell’s designee on the Company’s Board of Directors (the “ Board ”) by Tina Pierce
  evidence_url: https://www.sec.gov/Archives/edgar/data/1735707/000119312521288673/0001193125-21-288673-index.htm

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