Stocker Thomas 4

What Happened

• Thomas Stocker, Senior Vice President and General Manager, Europe at Gentherm (THRM), had a total of 2,852 shares disposed to satisfy tax withholding related to an equity event (likely option exercise or award vesting). The trades were recorded at $27.82 per share, consisting of 1,838 shares on 2026-03-14 ($51,133) and 1,014 shares on 2026-03-15 ($28,209), for a combined value of roughly $79,342. This was a tax-withholding disposition (routine), not an open-market directional sale meant to realize investment gains.

Key Details

• Transaction dates and prices:
  • 2026-03-14: 1,838 shares withheld at $27.82/share — $51,133
  • 2026-03-15: 1,014 shares withheld at $27.82/share — $28,209
• Total shares withheld/disposed: 2,852; total value ≈ $79,342.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned following the transaction: not specified in the information provided.
• Filing: Form 4 filed on 2026-03-17 (check the original filing for any timeliness flag or late-report note).

Context

• These dispositions appear to be withholding of shares to cover taxes after an equity award/option exercise (a common, routine practice). This is different from an open-market sale and does not necessarily signal the insider’s view on the company’s prospects.
• For retail investors, outright purchases or open-market sales by insiders tend to be more informative about sentiment; tax-withholding dispositions are generally administrative.