Form 4: Gentherm Inc. Executive Phillip Eyler Reports Changes in Beneficial Ownership
SEC Filing
Phillip Eyler, former President & CEO of Gentherm Inc., reports disposition of common stock due to tax withholding obligations.
Summary
- Phillip Eyler, a former President & CEO of Gentherm Inc., filed a Form 4 with the SEC on February 25, 2025.
- The report details changes in his beneficial ownership of Gentherm Inc. common stock.
- On December 31, 2024, Eyler disposed of 1,833, 2,541 and 3,280 shares of common stock at a price of $39.56 per share.
- These transactions were related to tax obligations.
- Following these transactions, Eyler beneficially owns 139,663 shares of Gentherm Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, with neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to tax obligations and do not indicate a change in the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of stock disposition transactions. |
| 02/25/2025 | Date of Form 4 filing. |
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