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Gentherm (THRM) CTO reports 1,097-share tax-withholding stock dispositions

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

Rhea-AI Filing Summary

Gentherm Inc SVP and Chief Technology Officer Vishnu Sundaram reported tax-withholding dispositions of 1,097 shares of common stock on March 14 and 15, 2026 at $27.82 per share to satisfy tax obligations. After these non-market transactions, he directly holds 20,808 common shares.

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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*
Sundaram Vishnu

(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)
SVP, Chief Technology Officer
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 667 D $27.82 21,238 D
Common Stock 03/15/2026 F 430 D $27.82 20,808 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 insider transaction did Gentherm (THRM) executive Vishnu Sundaram report?

Vishnu Sundaram reported two tax-withholding share dispositions, not open-market trades. These Form 4 entries show shares delivered to satisfy tax obligations related to equity compensation, rather than discretionary buying or selling of Gentherm common stock in the market.

How many Gentherm (THRM) shares were used for tax withholding?

A total of 1,097 Gentherm common shares were used for tax withholding. The Form 4 shows 667 shares on March 14 and 430 shares on March 15 delivered to cover tax liabilities at a price of $27.82 per share in each transaction.

At what price were the Gentherm (THRM) tax-withholding shares valued?

The tax-withholding dispositions were valued at $27.82 per Gentherm common share. Both reported transactions, totaling 1,097 shares, used this same price per share when delivering stock to satisfy the reporting executive’s related tax obligations on equity compensation.

How many Gentherm (THRM) shares does Vishnu Sundaram hold after these transactions?

After the reported tax-withholding dispositions, Vishnu Sundaram directly holds 20,808 Gentherm common shares. This post-transaction balance reflects his remaining equity position following the delivery of shares to satisfy tax liabilities, as indicated in the Form 4 filing’s ownership totals.

Do the Gentherm (THRM) Form 4 transactions indicate an open-market sale?

The transactions do not indicate open-market sales. They are coded as “F” tax-withholding dispositions, meaning shares were delivered to cover tax liabilities. This is a compensation-related, non-market mechanism rather than a discretionary decision to sell shares on the open market.
Gentherm

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