THRM Rule 144 Notice: 3,348 Gentherm Shares Planned for Sale on 08/21/2025
Rhea-AI Filing Summary
This Form 144 notifies a proposed sale of 3,348 shares of Gentherm Inc. common stock (NASDAQ: THRM) with an aggregate market value of $116,438.1108/21/2025. The shares were acquired on 03/07/2022 as a stock grant from Barbara Runyon (6,005 shares acquired on that date) and payment/consideration is recorded as a stock grant. The filer reports no securities sold in the past three months. Several standard form fields (filer CIK/CCC/contact and the name of the person for whose account the securities are to be sold) are blank in the provided content. The filing includes the required representation that the seller does not possess undisclosed material adverse information about the issuer.
Positive
- Transaction details provided: class, share count, aggregate market value, approximate sale date and acquisition source are all listed
- Acquisition origin disclosed: shares were acquired as a stock grant on 03/07/2022 from Barbara Runyon
- No recent sales: the filer reports no securities sold in the past three months
Negative
- Key identification fields are blank in the provided content: filer CIK/CCC/contact and the name of the person for whose account the securities will be sold are not present
- Limited contextual information: the extract does not state whether a trading plan (Rule 10b5-1) governs the sale or identify the signer of the notice
Insights
TL;DR: Routine insider sale notice disclosing a planned disposition of 3,348 shares acquired via a 2022 stock grant.
The filing is a standard Rule 144 notice indicating an intended sale rather than a completed transaction. It provides key transactional details: class of security, number of shares to be sold, aggregate market value, acquisition date and nature (stock grant), and the approximate sale date. The absence of reported sales in the prior three months is expressly noted. However, the filing omits the filer identification and the explicit name of the person for whose account the securities will be sold, reducing transparency for market participants who rely on linkage between insiders and filings.
TL;DR: Compliance-focused disclosure that meets Rule 144 structure but lacks some identifying details in the provided text.
The document follows the Rule 144 template by specifying the security class, quantity, market value, and acquisition origin (a 2022 stock grant from Barbara Runyon). It also includes the seller's certification about absence of undisclosed material adverse information and the standard criminal-misstatement warning. From a governance perspective, the missing filer/contact and missing named seller in the supplied content are procedural gaps that should be present in the full filing; their absence in this extract limits assessment of insider identity and timing relative to any trading plans.