Sundaram Vishnu 4

What Happened

Sundaram Vishnu, Senior Vice President and Chief Technology Officer of Gentherm (THRM), had a total of 1,097 shares disposed via tax withholding related to an equity settlement. On 2026-03-14, 667 shares were withheld at $27.82/share (value $18,556), and on 2026-03-15, 430 shares were withheld at $27.82/share (value $11,963). Combined, roughly $30,519 of shares were surrendered to cover taxes; these are reported as dispositions (transaction code F).

Key Details

• Filing date: 2026-03-17 (covers transactions on 2026-03-14 and 2026-03-15). No late-filing flag was noted in the provided data.
• Transactions:
  • 2026-03-14: 667 shares @ $27.82 — $18,556 (tax withholding, code F).
  • 2026-03-15: 430 shares @ $27.82 — $11,963 (tax withholding, code F).
• Total shares withheld: 1,097; total value ≈ $30,519.
• Shares owned after the transactions: not specified in the supplied filing summary.
• Transaction code F indicates shares were disposed to satisfy tax withholding obligations (common after option exercises or RSU vesting).

Context

Code F transactions typically reflect withholding of shares to cover tax liabilities from option exercises or restricted stock/RSU settlements and are routine administrative actions rather than open-market sales. They generally do not signal a directional view on the company by the insider.