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Gentherm (THRM) CFO uses 7,757 shares to cover tax withholding

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

Rhea-AI Filing Summary

Gentherm Inc executive Jonathan C. Douyard, EVP, CFO and Treasurer, reported a tax-related share disposition. On February 24, 2026, he transferred 7,757 shares of common stock at $32.51 per share to cover tax withholding obligations. After this transaction, he directly owned 57,463 shares of Gentherm common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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 MI 48377

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Gentherm Inc [ THRM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CFO, Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/24/2026 F 7,757 D $32.51 57,463 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Stephanie Swan, by Power of Attorney 02/25/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Gentherm (THRM) report for Jonathan C. Douyard?

Gentherm reported that EVP, CFO and Treasurer Jonathan C. Douyard disposed of 7,757 shares of common stock. The transaction was a tax-withholding disposition, meaning shares were used to satisfy tax obligations rather than sold in an open-market trade.

How many Gentherm (THRM) shares did Jonathan C. Douyard dispose of and at what price?

Jonathan C. Douyard disposed of 7,757 Gentherm common shares at $32.51 per share. The Form 4 describes this as a tax-withholding transaction, where shares are delivered to cover tax liabilities tied to equity compensation.

How many Gentherm (THRM) shares does Jonathan C. Douyard own after this Form 4 transaction?

After the reported transaction, Jonathan C. Douyard directly owns 57,463 Gentherm common shares. This post-transaction ownership reflects the 7,757-share tax-withholding disposition recorded on the Form 4 filed for February 24, 2026.

What does the ‘F’ transaction code mean in Gentherm (THRM) CFO’s Form 4?

The “F” code indicates a tax-withholding disposition. In this Gentherm filing, shares held by Jonathan C. Douyard were delivered to satisfy tax liabilities related to equity awards, rather than representing a discretionary open-market sale.

Is the Gentherm (THRM) CFO’s Form 4 transaction a buy or a sell?

The filing classifies the transaction as a disposal, but specifically as a tax-withholding disposition. Shares were delivered to cover tax obligations, so it is not characterized as a traditional open-market purchase or sale.
Gentherm

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