Gentherm Inc.'s SEC filings document the operating results, governance, and capital-structure disclosures of a public thermal management and pneumatic comfort technology company. Recent 8-K reports cover material events, material agreements, shareholder voting matters, financial results, risk-factor updates, and medical-device regulatory disclosures tied to the company's automotive and medical businesses.
Proxy materials describe board and governance matters, executive compensation, shareholder voting procedures, and equity-related disclosures. The filing record also reflects how Gentherm reports its Automotive and Medical operations, including product categories such as Climate Control Seats, Climate Control Interiors, Lumbar and Massage Comfort Solutions, Valve Systems, battery performance solutions, and patient temperature management systems.
Gentherm Inc senior vice president and chief human resources officer Barbara J. Runyon reported equity compensation vesting rather than open-market trading. On March 23, 2026, she acquired 2,121 shares of common stock at no cost as a grant, then had 961 shares withheld at $28.64 per share to cover tax obligations, leaving 37,686 shares owned directly.
These shares came from performance-based restricted stock units granted on March 14, 2023. According to plan results, adjusted EBITDA PSUs were earned at 69.15% of target and ROIC PSUs at 63.44% of target, producing a total payout of 40.35% of the original PSU grant.
Gentherm Inc senior executive Jaymi Wilson reported routine equity compensation activity. On March 23, 2026, Wilson received a grant-related acquisition of 2,474 shares of common stock at no cost, reflecting performance-based restricted stock units that vested following a three-year performance period tied to 2025 results.
To cover associated tax obligations, 710 shares were disposed of by share withholding at a price of $28.64 per share, rather than through an open-market sale. After these transactions, Wilson directly holds 42,726 shares of Gentherm common stock.
Gentherm Inc senior vice president and general counsel Wayne S. Kauffman III reported compensation-related stock activity. He received 2,121 shares of common stock on March 23, 2026 as a grant/award tied to performance-based restricted stock units granted in March 2023.
On the same date, 925 shares were withheld at $28.64 per share to cover tax obligations, a non-market disposition, leaving him with 32,121 directly owned shares. The underlying performance units vested based on three-year adjusted EBITDA and return on invested capital, resulting in a total payout of 40.35% of the original 2023 PSU grant.
Gentherm Inc president Thomas Stocker reported routine equity compensation activity. He received a grant of 2,474 shares of common stock at no cost, tied to performance-based restricted stock units granted in 2023. To cover tax obligations, 1,115 shares were withheld at a price of $28.64 per share. Following these transactions, he holds 28,085 common shares directly. The footnote explains that the underlying PSUs paid out at 40.35% of the original 2023 target grant based on adjusted EBITDA and return on invested capital performance measured in 2025.
Gentherm Inc VP & General Manager Chenglong Wang reported an equity compensation transaction. He acquired 266 shares of common stock at no cost through the vesting of previously granted performance-based restricted stock units. Following this grant, he directly holds 17,231 common shares.
The vested units relate to awards granted on March 14, 2023, that depended on three-year results through 2025. The Compensation and Talent Committee determined that Adjusted EBITDA units were earned at 69.15% of target and ROIC units at 63.44%, resulting in a total payout equal to 40.35% of the original performance-based units.
Gentherm Incorporated announced an internal executive role change and provided disclosure about a proposed transaction with Modine and Modine’s Performance Technologies business ("SpinCo"). On March 24, 2026, Jaymi Wilson was appointed Senior Vice President and Chief Strategy Officer; the Board stated this is not an executive officer role.
The filing states the parties intend to file a Form S-4 by Gentherm and a Form 10 by SpinCo in connection with the Proposed Transaction, and directs investors to review the forthcoming proxy statement/prospectus and related SEC filings for details.
Gentherm Incorporated reported an executive role change and outlined steps for a proposed transaction involving Modine and its Performance Technologies business, SpinCo. The Board appointed Jaymi Wilson from Senior Vice President and General Manager, North America Automotive to Senior Vice President and Chief Strategy Officer, a position the Board determined is not an executive officer role.
The company also described planned SEC filings for the proposed combination with SpinCo, including a Form S-4 registration statement and proxy statement/prospectus for Gentherm shareholders and a Form 10 registration statement for SpinCo, and urged investors to read these materials when available.
Nicholas Breisacher reported acquisition or exercise transactions in this Form 4 filing.
Gentherm Inc reported that Chief Accounting Officer Nicholas Breisacher received a grant of 1,599 shares of Common Stock as a restricted stock unit award. The grant was issued at no purchase price and increases his direct holdings to 5,538 shares.
The footnote explains that these shares are Restricted Stock Units granted under the 2023 Equity Incentive Plan. They vest in three equal portions: one-third on March 17, 2027, one-third on March 17, 2028, and one-third on March 17, 2029, linking the award to multi‑year service.
Sundaram Vishnu reported acquisition or exercise transactions in this Form 4 filing.
Gentherm Inc reported that SVP and Chief Technology Officer Vishnu Sundaram received a grant of 7,665 shares of Common Stock in the form of Restricted Stock Units under the 2023 Equity Incentive Plan. After this award, he holds 28,473 shares directly. The RSUs vest in three equal installments on March 17, 2027, March 17, 2028, and March 17, 2029, tying this compensation to multi‑year service and performance.
Runyon Barbara J reported acquisition or exercise transactions in this Form 4 filing.
Gentherm Inc reported that SVP and Chief Human Resources Officer Barbara J. Runyon received a grant of 7,665 shares of common stock in the form of Restricted Stock Units under the 2023 Equity Incentive Plan. These RSUs were awarded at no cash cost to her.
The grant vests over three years, with one‑third vesting on March 17, 2027, one‑third on March 17, 2028, and one‑third on March 17, 2029. After this award, she directly holds 36,526 shares of Gentherm common stock, reflecting her ongoing equity-based compensation and alignment with shareholders.