STOCK TITAN

Gentherm (THRM) SVP withholds 2,401 shares to cover tax obligations

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

Rhea-AI Filing Summary

Gentherm Inc senior vice president and general counsel Wayne S. Kauffman III reported routine share withholdings to cover tax obligations on vested equity awards. On March 14, 2026, 1,527 shares of common stock were withheld at $27.82 per share, followed by 874 shares withheld at the same price on March 15, 2026. These Form 4 entries are coded as tax-withholding dispositions, not open-market sales, and reflect administrative settlement of tax liabilities. After these transactions, Kauffman directly holds 23,260 shares of Gentherm common stock.

Positive

  • None.

Negative

  • None.
Insider Kauffman Wayne S III
Role SVP and General Counsel
Type Security Shares Price Value
Tax Withholding Common Stock 874 $27.82 $24K
Tax Withholding Common Stock 1,527 $27.82 $42K
Holdings After Transaction: Common Stock — 23,260 shares (Direct)
Footnotes (1)
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
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*
Kauffman Wayne S III

(Last) (First) (Middle)
28875 CABOT DRIVE

(Street)
NOVI MI 48377

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
03/14/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/14/2026 F 1,527 D $27.82 24,134 D
Common Stock 03/15/2026 F 874 D $27.82 23,260 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:
/s/ Stephanie Swan, by Power of Attorney 03/17/2026
** 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.

FAQ

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

Gentherm reported that SVP and general counsel Wayne S. Kauffman III had company shares withheld to cover tax obligations on equity compensation, totaling 2,401 common shares, recorded as tax-withholding dispositions rather than open-market sales.

How many Gentherm (THRM) shares were withheld for taxes in this Form 4?

The Form 4 shows 2,401 Gentherm common shares withheld for taxes. This includes 1,527 shares on March 14, 2026 and 874 shares on March 15, 2026, both at a price of $27.82 per share.

Are the Gentherm (THRM) Form 4 transactions open-market sales?

No, these transactions are not open-market sales. They are coded as tax-withholding dispositions, meaning shares were delivered back to satisfy tax liabilities on vested equity rather than sold on the open market.

What is Wayne S. Kauffman III’s role at Gentherm (THRM)?

Wayne S. Kauffman III serves as senior vice president and general counsel at Gentherm. As an executive officer, his equity transactions in Gentherm common stock must be reported on Form 4, providing transparency into compensation-related share movements.

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

After the reported tax-withholding dispositions, Wayne S. Kauffman III directly holds 23,260 Gentherm common shares. This figure reflects his position following the March 15, 2026 withholding entry and shows his remaining direct ownership stake.

What transaction code appears in Gentherm (THRM) executive’s Form 4?

The transactions use code “F,” indicating payment of a tax liability or exercise price by delivering securities. This code confirms the events are tax-withholding dispositions related to equity compensation, not discretionary purchases or sales in the open market.