Gentherm CEO disposes shares for tax withholding
Gentherm Inc President & CEO William T. Presley reported a tax-related share disposition under a compensation arrangement.
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
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 17,936 shares
Exercise Price or Tax Liability
1 txn
Insider
Presley William T.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 17,936 | $32.51 | $583K |
Holdings After Transaction:
Common Stock — 143,167 shares (Direct)
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.