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Gentherm (THRM) CEO uses 17,936 shares to cover tax liability

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

Rhea-AI Filing Summary

Gentherm Inc President & CEO William T. Presley reported a tax-related share disposition under a compensation arrangement. He transferred 17,936 shares of common stock on February 24, 2026 at a price of $32.51 per share to satisfy a tax liability by delivering securities. After this transaction, he directly owned 143,167 shares of Gentherm common stock.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Presley William T.

(Last) (First) (Middle)
28875 CABOT DRIVE

(Street)
NOVI MI 48377

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Gentherm Inc [ THRM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/24/2026 F 17,936 D $32.51 143,167 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Stephanie Swan, by Power of Attorney 02/25/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Gentherm (THRM) report for William T. Presley?

Gentherm reported that President & CEO William T. Presley disposed of 17,936 common shares on February 24, 2026. The transaction was a tax-withholding disposition, using shares to satisfy a tax liability rather than an open-market purchase or sale.

How many Gentherm (THRM) shares did the CEO dispose of and at what price?

William T. Presley disposed of 17,936 Gentherm common shares at $32.51 per share. The transaction was coded as a tax-withholding disposition, meaning the shares were delivered to cover a tax obligation associated with equity compensation.

How many Gentherm (THRM) shares does the CEO hold after this Form 4 transaction?

Following the reported transaction, William T. Presley directly owns 143,167 Gentherm common shares. This figure reflects his direct ownership after the 17,936-share tax-withholding disposition reported in the Form 4 filing for February 24, 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 case, William T. Presley used 17,936 Gentherm common shares to satisfy a tax obligation, rather than executing a typical market buy or sell.

Was the Gentherm (THRM) CEO’s Form 4 transaction a market sale of shares?

No, the transaction was not a standard market sale. It was a tax-withholding disposition coded F, meaning William T. Presley delivered 17,936 Gentherm shares to cover a tax liability tied to his equity compensation.
Gentherm

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