Gentherm SVP granted 7,665 restricted stock units
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,665 | $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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Gentherm (THRM) report for Wayne S. Kauffman III?
What is the vesting schedule for the 7,665 Restricted Stock Units at Gentherm (THRM)?
Was the Gentherm (THRM) insider transaction an open-market purchase or a compensation grant?
Which Gentherm (THRM) equity plan governed the Restricted Stock Unit grant to the SVP?
AI-generated analysis. How Rhea-AI works. Not financial advice.