Gentherm (THRM) director receives 4,292 restricted shares as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kowalchik Laura Michele reported acquisition or exercise transactions in this Form 4 filing.
Gentherm Inc director Laura Michele Kowalchik received a grant of 4,292 shares of Restricted Common Stock as compensation for serving on the Gentherm Board of Directors under the 2023 Equity Incentive Plan. Following this award, she directly holds a total of 13,395 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kowalchik Laura Michele
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,292 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,395 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 4,292 shares
Grant price per share: $0.0000 per share
Post-transaction holdings: 13,395 shares
3 metrics
Restricted stock grant
4,292 shares
Restricted Common Stock award to director as board compensation
Grant price per share
$0.0000 per share
Equity compensation, no cash paid by director
Post-transaction holdings
13,395 shares
Common Stock directly held after the award
Key Terms
Restricted Common Stock, 2023 Equity Incentive Plan, Grant, award, or other acquisition, Gentherm Board of Directors
4 terms
Restricted Common Stock financial
"The shares represent Restricted Common Stock issued under the 2023 Equity Incentive Plan"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
2023 Equity Incentive Plan financial
"Restricted Common Stock issued under the 2023 Equity Incentive Plan that has been granted"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Gentherm Board of Directors financial
"granted to the Reporting Person as compensation for serving on the Gentherm Board of Directors"
FAQ
What did Gentherm (THRM) director Laura Kowalchik report in this Form 4?
Director Laura Michele Kowalchik reported receiving 4,292 shares of Restricted Common Stock. The award was issued as compensation for her service on Gentherm’s Board of Directors under the company’s 2023 Equity Incentive Plan.
What type of transaction is reported for Gentherm (THRM) director Laura Kowalchik?
The Form 4 reports an acquisition coded “A,” meaning a grant, award, or other acquisition. Kowalchik received 4,292 Restricted Common Stock shares as equity compensation, not as an open-market purchase or sale.