Desormiere Sophie 4
Research Summary
AI-generated summary
Gentherm (THRM) Director Sophie Desormiere Receives Award
What Happened
Sophie Desormiere, a director of Gentherm Inc. (THRM), was granted 4,292 restricted common shares on 2026-05-14 as compensation for board service. The Form 4 reports the acquisition as type "A" (award/grant) at $0.00 cash consideration.
Key Details
- Transaction date: 2026-05-14; filing date: 2026-05-15 (filed one day after the transaction).
- Shares granted: 4,292 restricted common shares; reported acquisition price: $0.00 (no cash paid).
- Footnote: Grant made under the 2023 Equity Incentive Plan as board compensation (see F1).
- Shares owned after transaction: not specified in the provided summary of the filing (see full Form 4 for totals).
- Timeliness: Filing appears timely (next-business-day filing).
Context
This was a compensation award, not an open-market purchase or sale. Restricted stock grants are typically subject to vesting and transfer restrictions, so they do not necessarily indicate immediate buying or selling intent. For more detail on vesting, potential value, or total holdings, review the full Form 4 filing and the company's equity plan disclosures.