Presley William T. 4

What Happened

• William T. Presley, President & CEO and a Director of Gentherm Inc. (THRM), had 5,083 shares disposed on 2026-03-14 to satisfy a tax or exercise-related obligation (transaction code F). The shares are recorded at $27.82 each for a total value of $141,409.
• This was a tax-withholding/disposition tied to equity compensation rather than an open-market sale of additional shares; such withholdings are routine when options are exercised or restricted stock vests.

Key Details

• Transaction date: 2026-03-14; Form 4 filed: 2026-03-17.
• Disposed: 5,083 shares at $27.82 per share; total value shown: $141,409.
• Transaction type/footnote: Code F — payment of exercise price or tax liability (shares surrendered/withheld to cover taxes).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: filing date is 2026-03-17 for a 2026-03-14 transaction; the filing does not indicate a tardy ("L") notice.

Context

• Code F typically means the insider surrendered or withheld shares to satisfy tax withholding or to cover the exercise cost of options. This is usually an administrative action tied to equity compensation and is not a straightforward signal of the insider buying or reducing exposure via an open-market sale.
• For investors: routine tax withholding is common and should be interpreted differently than deliberate stock sales or purchases.