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Gentherm (THRM) SVP Stocker has 2,852 shares withheld for tax obligations

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

Rhea-AI Filing Summary

Gentherm Inc senior executive Thomas Stocker reported routine tax-related share dispositions. On March 14 and March 15, a total of 2,852 shares of common stock were withheld at $27.82 per share to cover tax obligations by delivering shares. After these non-market transactions, he directly holds 17,786 Gentherm shares, indicating he retains a meaningful equity position in the company.

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*
Stocker Thomas

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, General Manager, Europe
3. Date of Earliest Transaction (Month/Day/Year)
03/14/2026
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 03/14/2026 F 1,838 D $27.82 18,800 D
Common Stock 03/15/2026 F 1,014 D $27.82 17,786 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 03/17/2026
** 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 Thomas Stocker?

Gentherm reported that executive Thomas Stocker had shares withheld to cover tax obligations. Two Form 4 transactions show a total of 2,852 common shares delivered to satisfy taxes, rather than open-market sales, while he continues to hold a sizable share position.

How many Gentherm (THRM) shares were withheld for taxes in this Form 4?

The filing shows a total of 2,852 Gentherm common shares withheld for taxes. One transaction covered 1,838 shares and another 1,014 shares, both recorded at $27.82 per share as payment of tax liabilities by delivering securities.

Does the Gentherm (THRM) Form 4 show open-market selling by Thomas Stocker?

No, the Form 4 does not show open-market sales. Both entries use transaction code F, indicating shares were disposed of to pay tax liabilities by delivering securities, a routine administrative mechanism rather than a discretionary sale into the market.

How many Gentherm (THRM) shares does Thomas Stocker hold after these transactions?

After the March 15 tax-withholding disposition, Thomas Stocker directly holds 17,786 Gentherm common shares. This post-transaction balance, disclosed in the Form 4, suggests he maintains a continuing equity stake in the company despite the tax-related share deliveries.

What does transaction code F mean in the Gentherm (THRM) Form 4 filing?

Transaction code F indicates a tax-withholding disposition. In this Gentherm filing, it means shares were delivered back to the issuer to pay exercise price or tax liabilities, distinguishing the events from voluntary open-market purchases or sales of common stock.
Gentherm

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