STOCK TITAN

Gentherm (THRM) director receives 4,292 restricted shares as board compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
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"
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*
Kowalchik Laura Michele

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
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 Stock(1)05/14/2026A4,292A$013,395D
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 Common Stock issued under the 2023 Equity Incentive Plan that has been granted to the Reporting Person as compensation for serving on the Gentherm Board of Directors.
/s/ Stephanie Swan, by Power of Attorney05/15/2026
** 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) 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.

How many Gentherm (THRM) shares does Laura Kowalchik hold after this transaction?

After the grant, Laura Michele Kowalchik directly holds 13,395 shares of Gentherm Common Stock. This total includes the newly issued 4,292 Restricted Common Stock shares reported in the Form 4 filing.

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.

Was cash paid for the Gentherm (THRM) shares granted to Laura Kowalchik?

The grant shows a price per share of $0.0000, indicating no cash payment by Laura Michele Kowalchik. The 4,292 Restricted Common Stock shares were issued as non-cash equity compensation for her Board service.

Under which plan were the Gentherm (THRM) shares granted to Laura Kowalchik?

The 4,292 Restricted Common Stock shares were issued under Gentherm’s 2023 Equity Incentive Plan. The footnote specifies the award is compensation for serving on the Gentherm Board of Directors, aligning with standard director equity programs.