Gentherm (THRM) SVP granted 8,940 RSUs vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stocker Thomas reported acquisition or exercise transactions in this Form 4 filing.
Gentherm Inc senior vice president Thomas Stocker received an equity grant of 8,940 shares of Common Stock in the form of Restricted Stock Units under the 2023 Equity Incentive Plan. These RSUs were granted at no cash cost to him as compensation.
The award vests in three equal portions: one-third on March 17, 2027, one-third on March 17, 2028, and one-third on March 17, 2029, encouraging longer-term retention. After this grant, Stocker directly holds 26,726 shares of Gentherm common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stocker Thomas
Role
SVP, General Manager, Europe
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,940 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,726 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Gentherm (THRM) report for Thomas Stocker?
Gentherm reported that SVP Thomas Stocker received 8,940 shares of Common Stock as Restricted Stock Units. The grant was compensation under the 2023 Equity Incentive Plan and did not involve an open-market purchase or sale of THRM shares.
What are the vesting terms of Thomas Stocker’s Gentherm (THRM) RSU grant?
The 8,940 Restricted Stock Units vest in three equal portions. One-third vests on March 17, 2027, one-third on March 17, 2028, and the final third on March 17, 2029, aligning Stocker’s compensation with longer-term company performance.
Was Thomas Stocker’s Gentherm (THRM) Form 4 a stock purchase or sale?
The Form 4 does not report a market purchase or sale. It shows an acquisition coded “A,” reflecting a grant or award of 8,940 Restricted Stock Units as equity compensation, rather than a traditional buy or sell transaction in the open market.
Under which plan were the Gentherm (THRM) RSUs granted to Thomas Stocker?
The Restricted Stock Units were granted under Gentherm’s 2023 Equity Incentive Plan. This plan is used to provide stock-based compensation to eligible participants, aligning management incentives with shareholder interests through time-vested equity awards.