Form 4: Gentherm Inc. Executive Jaymi Wilson Reports Stock Disposal
SEC Form 4
Jaymi Wilson, SVP and General Manager at Gentherm Inc., disposed of 115 shares of common stock to cover tax obligations.
Summary
- On October 8, 2024, Jaymi Wilson, a Senior Vice President and General Manager at Gentherm Inc., disposed of 115 shares of common stock.
- The transaction was executed at a price of $41.66 per share.
- Following the transaction, Wilson directly owns 26,122 shares of Gentherm Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to a routine stock transaction by an executive. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of insider transactions. They provide insights into the actions of company executives and their confidence in the company's stock.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 10/08/2024 | Date of stock disposal transaction |
| 10/09/2024 | Date of signature for the Form 4 filing |
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