Gentherm CEO awarded 40,230 restricted stock units
Presley William T. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Presley William T. reported acquisition or exercise transactions in this Form 4 filing.
Gentherm Inc President and CEO William T. Presley received a grant of 40,230 shares of Common Stock in the form of Restricted Stock Units under the 2023 Equity Incentive Plan. These RSUs were awarded at no cash purchase price as part of his equity compensation.
The units vest in three equal installments: one-third on March 17, 2027, one-third on March 17, 2028, and one-third on March 17, 2029, aligning his incentives with longer-term company performance. After this award, Presley holds 178,314 shares of Gentherm common stock directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 40,230 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares represent Restricted Stock Units issued under the 2023 Equity Incentive Plan that have been granted to the Reporting Person. The shares vest in three portions: one-third on March 17, 2027, one-third on March 17, 2028, and one-third on March 17, 2029.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Gentherm (THRM) CEO William T. Presley report in this Form 4?
How do the CEO’s Gentherm (THRM) Restricted Stock Units vest?
Was the Gentherm (THRM) CEO’s Form 4 transaction a market purchase or sale?
Under which plan were the Gentherm (THRM) CEO’s new RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.