STOCK TITAN

Gentherm (THRM) director receives 4,292 restricted shares as board pay

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

Rhea-AI Filing Summary

Desormiere Sophie reported acquisition or exercise transactions in this Form 4 filing.

Gentherm Inc director Sophie Desormiere received a grant of 4,292 shares of restricted common stock as board compensation. The shares were issued at no cash cost under Gentherm’s 2023 Equity Incentive Plan and are recorded as compensation for her service on the Board of Directors. After this award, she directly holds 42,303 common shares.

Positive

  • None.

Negative

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Insider Desormiere Sophie
Role null
Type Security Shares Price Value
Grant/Award Common Stock 4,292 $0.00 --
Holdings After Transaction: Common Stock — 42,303 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 4,292 shares Restricted Common Stock granted as board compensation on 2026-05-14
Grant price $0.00 per share Equity compensation award, not an open-market purchase
Shares held after grant 42,303 shares Total direct Gentherm common stock holdings following the transaction
Restricted Common Stock financial
"The shares represent Restricted Common Stock issued under the 2023 Equity Incentive Plan..."
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
2023 Equity Incentive Plan financial
"Restricted Common Stock issued under the 2023 Equity Incentive Plan that has been granted..."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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*
Desormiere Sophie

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock(1)05/14/2026A4,292A$042,303D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares represent Restricted Common Stock issued under the 2023 Equity Incentive Plan that has been granted to the Reporting Person as compensation for serving on the Gentherm Board of Directors.
/s/ Stephanie Swan, by Power of Attorney05/15/2026
** Signature of Reporting PersonDate
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) director Sophie Desormiere report?

Sophie Desormiere reported receiving 4,292 shares of Gentherm common stock as a grant. The award consists of restricted common stock issued as compensation for serving on the Board of Directors under the company’s 2023 Equity Incentive Plan.

Was Sophie Desormiere’s Gentherm (THRM) stock grant a market purchase or a compensation award?

The transaction was a compensation award, not a market purchase. The Form 4 shows code “A” for a grant or award, with a price of $0.00 per share, issued under Gentherm’s 2023 Equity Incentive Plan for board service.

How many Gentherm (THRM) shares does Sophie Desormiere hold after this Form 4 transaction?

After the reported grant, Sophie Desormiere directly holds 42,303 shares of Gentherm common stock. This total includes the newly awarded 4,292 restricted shares granted as compensation for her service on the company’s Board of Directors.

What type of shares were granted to Gentherm (THRM) director Sophie Desormiere?

She received restricted common stock in Gentherm. The footnote specifies these shares are Restricted Common Stock issued under the 2023 Equity Incentive Plan and granted as compensation for her ongoing service on Gentherm’s Board of Directors.

At what price were the Gentherm (THRM) shares granted to Sophie Desormiere?

The 4,292 shares were granted at a reported price of $0.00 per share. This reflects that the award is equity-based compensation under Gentherm’s 2023 Equity Incentive Plan, rather than a cash-funded open-market purchase by the director.