Kowalchik Laura Michele 4

What Happened

• Laura Michele Kowalchik, a Gentherm director, was granted 4,292 shares of restricted common stock on 2026-05-14. The reported acquisition price is $0.00 per share (total $0), indicating these shares were issued as compensation rather than an open-market purchase or sale. This is an award/grant transaction (code A) and is typically routine board compensation.

Key Details

• Transaction date: 2026-05-14; Filing date: 2026-05-15 (Form 4 accession 0001193125-26-227287).
• Transaction: Grant/Award of 4,292 shares at $0.00 per share (total reported value $0).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The shares are Restricted Common Stock issued under Gentherm’s 2023 Equity Incentive Plan as compensation for board service.
• Timeliness: Filing appears timely (reported the day after the transaction). Transaction code: A = Award/Grant.

Context

• Restricted stock grants are a common form of director compensation and typically come with vesting or transfer restrictions; they are not the same as an outright open-market purchase and do not by themselves indicate insider buying for speculative reasons. Retail investors should watch for future Form 4 entries showing vesting, sales, or tax-withholding-related share transfers for more actionable insider activity.