Form 4: Gentherm Inc. Executive Jaymi Wilson Reports Stock Transactions

Jaymi Wilson, SVP and General Manager at Gentherm Inc., reports acquisition and disposal of common stock following vesting of performance-based restricted stock units.

Summary

• On March 21, 2025, Jaymi Wilson, SVP and General Manager at Gentherm Inc., reported transactions involving Gentherm's common stock.
• Wilson acquired 1,215 shares of common stock at $0, related to the vesting of performance-based restricted stock units (PSUs).
• Additionally, 348 shares were disposed of at $30.37, likely to cover tax obligations related to the vesting.
• Following these transactions, Wilson directly owns 33,836 shares of Gentherm Inc.
• The PSUs were granted on March 11, 2022, under the 2013 Equity Incentive Plan and were based on the company's return on invested capital (ROIC) measured in 2024.
• The Compensation and Talent Committee determined that the ROIC PSUs were earned at 85% of the target performance level, resulting in a 34% payout of the PSUs granted.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports routine stock transactions related to executive compensation. The vesting of PSUs at 85% of the target suggests reasonable performance.

Positives

• The vesting of PSUs indicates that the company achieved a certain level of performance based on return on invested capital (ROIC).

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's confidence in the company's prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

Keywords

Gentherm Inc, Jaymi Wilson, stock, PSU, ROIC, vesting, shares, acquisition, disposal