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Gentherm (THRM) director Hundzinski awarded 4,292 restricted shares as Board compensation

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

Rhea-AI Filing Summary

Hundzinski Ronald T reported acquisition or exercise transactions in this Form 4 filing.

Gentherm Inc director Ronald T. Hundzinski reported a new equity award of company stock. He received 4,292 shares of Common Stock as a grant at a price of $0.00 per share, classified as a compensation award rather than an open-market purchase.

This Restricted Common Stock was issued under Gentherm’s 2023 Equity Incentive Plan as compensation for serving on the Board of Directors. After the grant, Hundzinski directly holds 22,298 Common Stock shares and indirectly holds 17,965 shares in a trust.

Positive

  • None.

Negative

  • None.
Insider Hundzinski Ronald T
Role null
Type Security Shares Price Value
Grant/Award Common Stock 4,292 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 22,298 shares (Direct, null); Common Stock — 17,965 shares (Indirect, Held in Trust)
Footnotes (1)
  1. [object Object]
Equity award 4,292 shares Restricted Common Stock grant under 2023 Equity Incentive Plan
Grant price $0.00 per share Compensation award, not open-market purchase
Direct holdings after grant 22,298 shares Common Stock directly held by Ronald Hundzinski
Indirect holdings in trust 17,965 shares Common Stock held indirectly, labeled Held in Trust
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
"issued under the 2023 Equity Incentive Plan that has been granted to the Reporting Person"
Held in Trust financial
"total_shares_following_transaction": "17965.0000" ... "nature_of_ownership": "Held in Trust""
Grant, award, or other acquisition financial
""transaction_code_description": "Grant, award, or other acquisition""
Form 4 Insider Transactions: What Each Field Means →
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*
Hundzinski Ronald T
(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$022,298D
Common Stock17,965IHeld in Trust
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Gentherm (THRM) director Ronald Hundzinski report in this Form 4?

Ronald Hundzinski reported receiving 4,292 shares of Gentherm Common Stock as a compensation grant. The shares are Restricted Common Stock issued under the 2023 Equity Incentive Plan for his service on the Board of Directors.

How many Gentherm (THRM) shares does Ronald Hundzinski hold after this transaction?

After the reported grant, Ronald Hundzinski holds 22,298 Gentherm Common Stock shares directly. He also has 17,965 additional shares held indirectly in a trust, giving him both direct and indirect equity exposure according to this filing.

Was the Gentherm (THRM) Form 4 transaction an open-market buy or a compensation award?

The Form 4 shows a compensation award, not an open-market purchase. Hundzinski received 4,292 Restricted Common Stock shares at $0.00 per share as a grant under Gentherm’s 2023 Equity Incentive Plan for Board service.

What is the significance of the 2023 Equity Incentive Plan for Gentherm (THRM)?

The 2023 Equity Incentive Plan is used to grant equity awards like Restricted Common Stock to directors and others. In this filing, 4,292 shares were granted to director Ronald Hundzinski as compensation for serving on Gentherm’s Board of Directors.

How are Ronald Hundzinski’s indirect Gentherm (THRM) holdings reported?

The filing reports 17,965 Gentherm Common Stock shares held indirectly in a trust. This is labeled as “Held in Trust,” indicating these shares are not held directly but are still attributed to him as an indirect ownership position.