Gentherm CAO granted 1,599 RSUs in Form 4
Nicholas Breisacher reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Nicholas Breisacher reported acquisition or exercise transactions in this Form 4 filing.
Gentherm Inc reported that Chief Accounting Officer Nicholas Breisacher received a grant of 1,599 shares of Common Stock as a restricted stock unit award. The grant was issued at no purchase price and increases his direct holdings to 5,538 shares.
The footnote explains that these shares are Restricted Stock Units granted under the 2023 Equity Incentive Plan. They vest in three equal portions: one-third on March 17, 2027, one-third on March 17, 2028, and one-third on March 17, 2029, linking the award to multi‑year service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,599 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares represent Restricted Stock Units issued under the 2023 Equity Incentive Plan that have been granted to the Reporting Person. The shares vest in three portions: one-third on March 17, 2027, one-third on March 17, 2028, and one-third on March 17, 2029.
FAQ
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What insider transaction did Gentherm (THRM) report for Nicholas Breisacher?
What type of award is disclosed for Gentherm (THRM) in this Form 4?
When do Nicholas Breisacher’s Gentherm (THRM) RSUs vest?
Was this Gentherm (THRM) insider transaction an open-market purchase?
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