Nicholas Breisacher 4

What Happened

• Nicholas Breisacher, Chief Accounting Officer of Gentherm Inc. (THRM), disposed of a total of 284 shares as payment for tax liability (transaction code F). The filings show 194 shares surrendered on 2026-03-14 at $27.82 each ($5,397) and 90 shares surrendered on 2026-03-15 at $27.82 each ($2,504), for a combined value of $7,901. These were withholding dispositions to cover taxes—not open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-03-14: 194 shares @ $27.82 = $5,397 (disposed, code F)
  • 2026-03-15: 90 shares @ $27.82 = $2,504 (disposed, code F)
  • Total: 284 shares, $7,901
• Filing: Form 4 filed with SEC on 2026-03-17 (Accession 0001193125-26-110953).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote/meaning: Code F = payment of exercise price or tax liability (shares withheld to satisfy tax obligations).

Context

• These transactions reflect tax withholding (commonly after an option exercise or vesting of restricted stock) rather than an independent decision to sell shares in the open market; such withholding is typically routine and does not necessarily signal the insider's view on the company's near-term prospects.
• No indication in the provided data that this was part of a 10b5-1 plan or that the filing was late; consult the full Form 4 for any additional notes or timing flags.