Gentherm (THRM) CEO Presley delivers 5,083 shares to cover tax liability

Rhea-AI Filing Summary

Gentherm Inc President & CEO William T. Presley reported a routine tax-related share disposition. On 2026-03-14, 5,083 shares of common stock were transferred at $27.82 per share to cover tax obligations by delivering securities, not through an open-market sale. After this transaction, he directly holds 138,084 common shares, indicating he retains a substantial equity position in the company.

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

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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^*

Presley William T.

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/14/2026

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	03/14/2026		F		5,083	D	$27.82	138,084	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	03/17/2026
	** 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 did Gentherm (THRM) CEO William T. Presley report in this Form 4?

He reported a tax-withholding share disposition of 5,083 Gentherm common shares. The shares were delivered at $27.82 per share to satisfy tax obligations, rather than being sold in the open market.

How many Gentherm (THRM) shares were involved in the CEO’s tax withholding?

The filing shows 5,083 Gentherm common shares were used for tax withholding. These were transferred at $27.82 per share as payment of a tax liability by delivering securities instead of cash.

Does the Gentherm (THRM) CEO still hold a significant share position after this Form 4?

Yes. After the 5,083-share tax-withholding disposition, William T. Presley directly owns 138,084 Gentherm common shares. This indicates he continues to maintain a substantial equity stake in the company following the reported transaction.

Was the Gentherm (THRM) CEO’s Form 4 transaction an open-market stock sale?

No. The transaction is coded “F”, indicating payment of a tax liability by delivering securities. This means shares were withheld or delivered for taxes, not sold through an open-market trade on an exchange.

What does transaction code “F” mean in the Gentherm (THRM) CEO’s Form 4?

Code “F” signifies a tax-withholding disposition, where shares are delivered to cover an exercise price or tax liability. It is considered a mechanistic, non-market event rather than a discretionary share sale decision.