Form 4: Gentherm Inc. Executive Wayne S. Kauffman III Reports Stock Disposals
SEC Form 4 Filing
Wayne S. Kauffman III, SVP and General Counsel of Gentherm Inc., reported the disposal of common stock to cover tax obligations.
Summary
- Wayne S. Kauffman III, a Senior Vice President and General Counsel at Gentherm Inc. (THRM), filed a Form 4 with the SEC.
- The report details the disposal of Gentherm Inc. common stock on March 11, 2024, and March 12, 2024, to satisfy tax obligations.
- On March 11, 2024, 228 shares were disposed of at a price of $55.71.
- On March 12, 2024, 216 shares were disposed of at a price of $55.63.
- Following these transactions, Kauffman directly owns 12,751 shares of Gentherm Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies. It provides transparency into the actions of company executives but doesn't necessarily indicate a change in the company's overall prospects.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Disposal of 228 shares of common stock at $55.71. |
| 03/12/2024 | Disposal of 216 shares of common stock at $55.63. |
| 03/13/2024 | Date of signature for the Form 4 filing. |
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