BAUPOST GROUP LLC/MA sold 14.0% of their position (500K shares) of GARRETT MOTION INC. on the open market
Open‑market sale worth $4.10M — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 6/12/2023ACC: 0001140361-23-029345
-517.48K
Net shares
Net seller
$4.10M
Total sold
1
Open market trades
0B · 1S
2
Total transactions
517.48K disposed
Non-Derivative Transactions1
Common Stock
Indirect
Shares
−500K
Price / share
$8.20
Trade value
$4.10M
% of position
14.0%
6/8/2023
3.58M→3.08M
Total
Net shares
−500K
Net value
-$4.10M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 6/8/2023 | S · Sale | −500K | $8.20 | $4.10M | 14.0% | 3.58M | 3.08M |
| Total | −500K | -$4.10M | ||||||
Derivative Transactions1
Series A Preferred Stock
Indirect
Converts to
Common Stock, par value$.001per share
17.48K shares
Shares
−17.48K
Strike price
Held after
25.46M
Exercisable
—
6/8/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series A Preferred Stock Indirect | Common Stock, par value$.001per share17.48K shares | 6/8/2023 | S · Sale | −17.48K | — | 25.46M |