Douyard Jonathan C 4
Research Summary
AI-generated summary
Gentherm (THRM) CFO Jonathan Douyard Receives Award of 14,049 RSUs
What Happened
- Jonathan C. Douyard, EVP, Chief Financial Officer and Treasurer of Gentherm Inc. (THRM), was granted 14,049 restricted stock units (RSUs) on March 17, 2026. The award was reported on a Form 4 filed March 18, 2026. The grant shows $0.00 per share (typical for RSU awards); total acquisition consideration reported as $0.
Key Details
- Transaction date: 2026-03-17; Form 4 filed: 2026-03-18 (timely within required reporting window).
- Transaction type/code: Award/Grant (A).
- Shares granted: 14,049 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: Not specified in the details provided in this summary (not disclosed).
- Footnote: The RSUs vest in three equal installments — one-third on March 17, 2027; one-third on March 17, 2028; and one-third on March 17, 2029.
- No 10b5-1 plan, tax-withholding disposition, or late filing indicated in the report.
Context
- RSUs are compensation awards that convert into shares only after vesting; they are not an immediate open‑market purchase or sale and do not represent liquid proceeds until vested and delivered. Such grants are common executive compensation and reflect company pay practices rather than an immediate bullish or bearish insider market signal.