Form 4: Gentherm CFO Matteo Anversa Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Gentherm's CFO, Matteo Anversa, disposed of shares to cover tax obligations arising from vesting restricted stock units.
Summary
- On March 11, 2024, Matteo Anversa, the EVP, CFO, and Treasurer of Gentherm Inc. (THRM), disposed of 364 shares of common stock at a price of $55.71 to cover tax obligations.
- On March 12, 2024, Anversa disposed of an additional 323 shares of common stock at a price of $55.63 for the same reason.
- Following these transactions, Anversa directly owns 34,760 shares of Gentherm Inc.
Sentiment
Score: 6
Explanation: The document is a routine SEC filing regarding stock disposals for tax purposes. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Executive stock disposals for tax purposes are a common occurrence and generally don't indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Matteo Anversa disposed of 364 shares of Gentherm stock at $55.71 per share. |
| 03/12/2024 | Matteo Anversa disposed of 323 shares of Gentherm stock at $55.63 per share. |
| 03/13/2024 | Date of signature for the Form 4 filing. |
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