Gentherm (THRM) CFO awarded 14,049 RSUs, boosting equity stake
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Douyard Jonathan C
Role
EVP, CFO, Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,049 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 69,639 shares (Direct)
Footnotes (1)
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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 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.
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.