Gentherm (THRM) SVP Barkas receives 7,665 RSU equity grant in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Barkas Rafael reported acquisition or exercise transactions in this Form 4 filing.
Gentherm Inc senior vice president Rafael Barkas received an equity grant of 7,665 shares of common stock in the form of Restricted Stock Units under the 2023 Equity Incentive Plan. These RSUs vest in three equal portions on March 17, 2027, March 17, 2028, and March 17, 2029. Following this award, Barkas directly holds 30,379 shares of Gentherm common stock. This is a compensation-related stock grant, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barkas Rafael
Role
SVP Global Ops & Supply Chain
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,665 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,379 shares (Direct)
Footnotes (1)
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FAQ
What did Gentherm (THRM) executive Rafael Barkas report in this Form 4?
Rafael Barkas reported receiving 7,665 Restricted Stock Units of Gentherm common stock as an equity award. The grant was made under the company’s 2023 Equity Incentive Plan and reflects compensation, not an open-market purchase or sale of shares.
What is the vesting schedule for Rafael Barkas’s new Gentherm (THRM) RSUs?
The 7,665 Restricted Stock Units vest in three equal portions: one-third on March 17, 2027, one-third on March 17, 2028, and one-third on March 17, 2029. Barkas must remain eligible through each date to receive the underlying shares.
Was Rafael Barkas’s Gentherm (THRM) equity grant an open-market purchase?
No, the Form 4 shows the transaction as a grant or award acquisition with a price of $0.0000 per share. This indicates a compensation-related award of Restricted Stock Units, not an open-market purchase of Gentherm shares.
Under which plan were Rafael Barkas’s Gentherm (THRM) RSUs granted?
The Restricted Stock Units were issued under Gentherm’s 2023 Equity Incentive Plan. This plan provides equity-based compensation awards to executives and employees, aligning their interests with long-term shareholder value through stock-based incentives.