Gentherm (THRM) SVP granted 8,940 RSUs vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wilson Jaymi reported acquisition or exercise transactions in this Form 4 filing.
Gentherm Inc SVP Jaymi Wilson 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 vest in three equal portions on March 17, 2027, March 17, 2028, and March 17, 2029.
After this award, Wilson directly holds 40,962 shares of Gentherm common stock. This is a compensation-related grant at no cash cost per share to Wilson, rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wilson Jaymi
Role
SVP, General Manager NA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,940 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 40,962 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Gentherm (THRM) report for Jaymi Wilson?
Gentherm reported that SVP and General Manager NA, Jaymi Wilson, received a grant of 8,940 Restricted Stock Units of common stock. The award was issued at no cash cost as part of compensation under Gentherm’s 2023 Equity Incentive Plan.
How do the 8,940 RSUs granted to Gentherm SVP Jaymi Wilson vest?
The 8,940 RSUs granted to Jaymi Wilson vest in three equal installments. One-third vests on March 17, 2027, another third on March 17, 2028, and the final third on March 17, 2029, subject to the plan’s terms.
Is the Gentherm (THRM) Form 4 for Jaymi Wilson an open-market stock purchase?
No, the Form 4 reflects a grant or award, not an open-market purchase. The 8,940 shares are Restricted Stock Units issued at a price of $0.00 per share as compensation rather than shares bought on the market.
What equity plan was used for Jaymi Wilson’s Gentherm RSU grant?
The Restricted Stock Units granted to Jaymi Wilson were issued under Gentherm’s 2023 Equity Incentive Plan. This plan provides equity-based compensation such as RSUs that typically vest over time to align executives’ interests with long-term shareholder value.