Nicholas Breisacher 4
Research Summary
AI-generated summary
Gentherm (THRM) Chief Accounting Officer Nicholas Breisacher Receives RSU Award
What Happened
Nicholas Breisacher, Chief Accounting Officer of Gentherm Inc. (THRM), was granted 1,599 restricted stock units (RSUs) on March 17, 2026. The Form 4 reports an acquisition code "A" with a reported price of $0.00 (no cash paid) and a reported transaction value of $0. The award was made under Gentherm’s 2023 Equity Incentive Plan.
Key Details
- Transaction date: 2026-03-17; Form 4 filed: 2026-03-18 (appears timely).
- Amount: 1,599 RSUs; reported price: $0.00; reported cash value on Form 4: $0.
- Vesting: RSUs vest in three equal installments — one-third on Mar 17, 2027; one-third on Mar 17, 2028; one-third on Mar 17, 2029 (per footnote).
- Shares owned after transaction: not disclosed in the provided filing.
- Transaction type: Award/Grant of equity (code A); not a market purchase or sale.
Context
This was an equity grant (RSUs), not an open-market trade or exercise. Such awards generally represent future equity subject to vesting and do not reflect an immediate cash investment by the insider. The filing contains standard vesting language and no indication of a 10b5-1 plan, tax withholding, or other special conditions.