THRM.NASDAQGentherm INC

Form 4: Gentherm Inc. Executive Jaymi Wilson Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Jaymi Wilson, SVP and General Manager at Gentherm Inc., reports acquisition and disposal of common stock and restricted stock units.

Summary

  • On March 14, 2025, Jaymi Wilson disposed of 398 shares of common stock at a price of $30.15.
  • Also on March 14, 2025, Wilson acquired 8,160 shares of common stock at $0.
  • Following these transactions, Wilson directly owns 33,614 shares of common stock.
  • On March 15, 2025, Wilson disposed of 645 shares of common stock at a price of $30.39, resulting in direct ownership of 32,969 shares.
  • The 8,160 shares represent Restricted Stock Units issued under the 2023 Equity Incentive Plan.
  • These shares vest in three portions: one-third on March 14, 2026, one-third on March 14, 2027, and one-third on March 14, 2028.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports transactions and vesting schedules, without indicating positive or negative performance.

Positives

  • The acquisition of 8,160 Restricted Stock Units indicates continued alignment of the executive's interests with the company's long-term performance.

Future Outlook

The vesting schedule of the Restricted Stock Units extends to March 14, 2028, suggesting a long-term commitment from the executive.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in the executive's stock ownership.

Key Dates

DateDescription
03/14/2025Disposal of 398 shares of common stock and acquisition of 8,160 Restricted Stock Units.
03/15/2025Disposal of 645 shares of common stock.
03/14/2026One-third of Restricted Stock Units vest.
03/14/2027One-third of Restricted Stock Units vest.
03/14/2028One-third of Restricted Stock Units vest.
03/17/2025Date of signature by Power of Attorney.

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