Gentherm (THRM) SVP awarded 7,665 RSUs vesting annually through 2029

Rhea-AI Filing Summary

Gentherm Inc reported that SVP and General Counsel Wayne S. Kauffman III acquired 7,665 shares of common stock through a grant 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, Kauffman directly holds 30,925 shares of Gentherm common stock. This is a compensation-related equity grant rather than an open-market share purchase.

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

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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^*

Kauffman Wayne S III

(Last) (First) (Middle)

28875 CABOT DRIVE

(Street)

NOVI MICHIGAN 48377

(City) (State) (Zip)

UNITED STATES

(Country)

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 and General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/17/2026		A		7,665(1)	A	$0	30,925	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:

1. 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.

	/s/ Stephanie Swan, by Power of Attorney	03/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Gentherm (THRM) report for Wayne S. Kauffman III?

Gentherm reported that SVP and General Counsel Wayne S. Kauffman III received a grant of 7,665 Restricted Stock Units. The award was made under the 2023 Equity Incentive Plan and represents a compensation-related equity grant, not an open-market share purchase.

How many Gentherm (THRM) shares did the SVP and General Counsel acquire in this Form 4?

The SVP and General Counsel acquired 7,665 shares of Gentherm common stock via a Restricted Stock Unit grant. These RSUs convert into shares as they vest over time, providing equity-based compensation rather than an immediate cash transaction in the market.

What is the vesting schedule for the 7,665 Restricted Stock Units at Gentherm (THRM)?

The 7,665 Restricted Stock Units vest in three equal portions. One-third vests on March 17, 2027, another third on March 17, 2028, and the final third on March 17, 2029, aligning the executive’s compensation with longer-term company performance.

How many Gentherm (THRM) shares does Wayne S. Kauffman III hold after this grant?

Following this grant, Wayne S. Kauffman III directly holds 30,925 shares of Gentherm common stock. This total reflects his position after the 7,665-share Restricted Stock Unit award reported in the Form 4 insider transaction filing.

Was the Gentherm (THRM) insider transaction an open-market purchase or a compensation grant?

The transaction was a compensation grant, not an open-market purchase. The 7,665 shares were issued as Restricted Stock Units under Gentherm’s 2023 Equity Incentive Plan, classified as a grant, award, or other acquisition in the insider reporting code A.

Which Gentherm (THRM) equity plan governed the Restricted Stock Unit grant to the SVP?

The Restricted Stock Unit grant to the SVP and General Counsel was issued under Gentherm’s 2023 Equity Incentive Plan. This plan provides for equity-based awards, such as RSUs, to align executive compensation with the company’s long-term performance and shareholder interests.