STOCK TITAN

Gentherm (THRM) director Heinzmann granted 4,292 restricted shares as board compensation

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

Rhea-AI Filing Summary

Heinzmann David W reported acquisition or exercise transactions in this Form 4 filing.

Gentherm Inc director David W. Heinzmann received a grant of 4,292 shares of Restricted Common Stock as compensation for serving on the company’s Board of Directors. The award was issued on May 14, 2026 under Gentherm’s 2023 Equity Incentive Plan at no cash cost per share.

Following this equity grant, Heinzmann directly holds a total of 21,365 shares of Gentherm common stock. This filing reflects a routine, compensation-related stock award rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Heinzmann David W
Role null
Type Security Shares Price Value
Grant/Award Common Stock 4,292 $0.00 --
Holdings After Transaction: Common Stock — 21,365 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 4,292 shares Restricted Common Stock awarded May 14, 2026
Grant price $0.0000 per share Non-cash compensation grant price
Holdings after grant 21,365 shares Total Gentherm common stock directly held after transaction
Transaction code A Grant, award, or other acquisition of common stock
Transaction direction acquire Form 4 reports an acquisition, not a sale
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 regulatory
"transaction_code_description": "Grant, award, or other acquisition""
Board of Directors financial
"granted to the Reporting Person as compensation for serving on the Gentherm Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
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*
Heinzmann David W

(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$021,365D
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 did Gentherm (THRM) director David W. Heinzmann report in this Form 4?

David W. Heinzmann reported receiving 4,292 shares of Restricted Common Stock as a grant. The shares were issued on May 14, 2026 as board compensation under Gentherm’s 2023 Equity Incentive Plan, rather than being bought in the open market.

How many Gentherm (THRM) shares does David W. Heinzmann hold after this grant?

After the grant, David W. Heinzmann directly holds 21,365 Gentherm common shares. This total includes the newly awarded 4,292 Restricted Common Stock shares received as compensation for his service on Gentherm’s Board of Directors.

Was cash paid for the Gentherm (THRM) shares granted to David W. Heinzmann?

No cash was paid for these Gentherm shares; the reported price per share is 0.0000. The 4,292 Restricted Common Stock shares were granted as non-cash compensation under the 2023 Equity Incentive Plan for board service.

What is the nature of the Gentherm (THRM) stock received by David W. Heinzmann?

The shares are Restricted Common Stock issued under Gentherm’s 2023 Equity Incentive Plan. As restricted stock, they are granted as compensation for Heinzmann’s role on the Board of Directors and typically vest according to plan terms described outside this filing.

Does this Gentherm (THRM) Form 4 show an insider buying or selling in the market?

This Form 4 does not show an open-market buy or sell. It reports an acquisition coded “A,” reflecting a grant or award of 4,292 Restricted Common Stock shares as compensation, not a discretionary market transaction by David W. Heinzmann.