Gentherm (THRM) CAO has 284 shares withheld to cover tax liabilities
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gentherm Inc Chief Accounting Officer reports tax-related share withholdings. Nicholas Breisacher had a total of 284 shares of Common Stock withheld on March 14 and March 15, 2026 at $27.82 per share to cover tax obligations. After these tax-withholding dispositions, he directly holds 3,939 shares of Gentherm common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nicholas Breisacher
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 90 | $27.82 | $3K |
| Tax Withholding | Common Stock | 194 | $27.82 | $5K |
Holdings After Transaction:
Common Stock — 3,939 shares (Direct)
Footnotes (1)
FAQ
What insider transactions did Gentherm (THRM) report for Nicholas Breisacher?
Gentherm reported that Chief Accounting Officer Nicholas Breisacher had 284 shares of Common Stock withheld in two transactions to satisfy tax obligations, coded as F. These are non-market dispositions used to pay taxes, not open-market purchases or sales.
Were the Gentherm (THRM) insider transactions open-market sales or tax withholdings?
The transactions were tax-withholding dispositions, not open-market sales. Both were coded F, indicating payment of tax liability by delivering securities, with 90 shares withheld on March 15, 2026 and 194 shares withheld on March 14, 2026.
What does transaction code F mean in the Gentherm (THRM) Form 4 filing?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this Gentherm filing, both entries for Nicholas Breisacher are F-code tax-withholding dispositions, where shares were withheld instead of cash to meet tax obligations.
Does the Gentherm (THRM) Form 4 show insider buying or selling activity?
The Form 4 does not show open-market buying or selling. It reports two F-code tax-withholding dispositions where shares were delivered to cover tax liabilities. These entries are administrative and differ from discretionary open-market purchases or sales.