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Gentherm (THRM) CFO awarded 14,049 RSUs, boosting equity stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Douyard Jonathan C reported acquisition or exercise transactions in this Form 4 filing.

Gentherm Inc’s EVP, CFO and Treasurer Jonathan C. Douyard received an equity grant in the form of Restricted Stock Units. He was awarded 14,049 shares of Common Stock on March 17, 2026 as a compensation-related grant at no cash cost to him.

The RSUs vest in three equal portions: one-third on March 17, 2027, one-third on March 17, 2028, and one-third on March 17, 2029. After this grant, Douyard directly holds 69,639 Common Stock shares, showing an increased long-term equity stake aligned with future company performance.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Douyard Jonathan C

(Last)(First)(Middle)
28875 CABOT DRIVE

(Street)
NOVI MICHIGAN 48377

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Gentherm Inc [ THRM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, CFO, Treasurer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/17/2026A14,049(1)A$069,639D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares represent Restricted Stock Units issued under the 2023 Equity Incentive Plan that have been granted to the Reporting Person. The shares vest in three portions: one-third on March 17, 2027, one-third on March 17, 2028, and one-third on March 17, 2029.
/s/ Stephanie Swan, by Power of Attorney03/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Gentherm (THRM) CFO Jonathan Douyard report in this Form 4?

Gentherm’s CFO Jonathan Douyard reported receiving a grant of 14,049 shares of Common Stock as Restricted Stock Units. This is a compensation-related equity award, not an open-market stock purchase or sale, and increases his direct ownership stake in the company.

How many Gentherm (THRM) shares were granted to the CFO in this award?

Jonathan Douyard received an equity grant of 14,049 Gentherm Common Stock shares as Restricted Stock Units. The grant price is reported as zero, reflecting that this is a compensation award under the company’s 2023 Equity Incentive Plan rather than a cash transaction in the market.

How do the new Gentherm (THRM) RSUs granted to the CFO vest over time?

The 14,049 Restricted Stock Units granted to Gentherm’s CFO vest in three equal installments. One-third vests on March 17, 2027, another third on March 17, 2028, and the final third on March 17, 2029, aligning the award with multi-year performance and retention.

What is Jonathan Douyard’s Gentherm (THRM) share ownership after this Form 4 transaction?

Following the grant of 14,049 Restricted Stock Units, Jonathan Douyard directly holds 69,639 Gentherm Common Stock shares. This figure reflects his post-transaction position as reported, indicating a sizable ongoing equity interest tied to the company’s future performance.

Was this Gentherm (THRM) Form 4 transaction an open-market buy or sell?

The transaction was not an open-market buy or sell. It is coded as an “A” transaction, meaning a grant or award acquisition. The CFO received 14,049 Restricted Stock Units at no cash cost under Gentherm’s 2023 Equity Incentive Plan.

Under which plan were the Gentherm (THRM) RSUs granted to the CFO?

The Restricted Stock Units granted to Gentherm’s CFO were issued under the company’s 2023 Equity Incentive Plan. This plan provides equity-based compensation, and the reported award of 14,049 RSUs vests in three annual tranches from 2027 through 2029.
Gentherm

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