THRM.NASDAQGentherm INC

4/A: Gentherm Inc. Executive Corrects Stock Transaction Reporting

Sentiment:

SEC Filing


Barbara J. Runyon, SVP, CHRO of Gentherm Inc., files an amended Form 4 to correct previously reported amounts of shares withheld for tax payments.

Summary

  • Barbara J. Runyon, a Senior Vice President and CHRO at Gentherm Inc. (THRM), filed an amendment to a previous Form 4.
  • The amendment corrects the number of shares withheld for tax payments related to transactions on March 11 and March 12, 2023.
  • The original filing on March 14, 2023, contained incorrect amounts due to the application of an incorrect tax rate.
  • The corrected filing shows 240 shares withheld on March 11 and 580 shares withheld on March 12, both at a price of $59.63.
  • Following these transactions, Runyon directly owns 21,025 and 20,445 shares of Gentherm Inc. common stock respectively.

Sentiment

Score: 5

Explanation: The document is a routine correction of a regulatory filing, indicating a neutral sentiment.

Industry Context

This is a routine regulatory filing related to executive stock transactions. It doesn't necessarily reflect broader industry trends.

Key Dates

DateDescription
03/11/2023Date of original stock transaction where shares were withheld for taxes.
03/12/2023Date of original stock transaction where shares were withheld for taxes.
03/14/2023Date of original Form 4 filing with incorrect tax withholding amounts.
05/17/2024Date of signature on the amended filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.