Douyard Jonathan C 4

What Happened
Jonathan C. Douyard, EVP, Chief Financial Officer and Treasurer of Gentherm Inc. (THRM), had 1,873 shares disposed of on March 14, 2026 as payment of an exercise price or to satisfy tax withholding. The shares were valued at $27.82 each, for a total of approximately $52,107. This was a withholding/disposition to cover tax obligations (Form 4 transaction code F), not an open-market sale for cash.

Key Details

• Transaction date: March 14, 2026; Form 4 filed March 17, 2026 (accession 0001193125-26-110999).
• Transaction type/code: F — payment of exercise price or tax liability (shares withheld).
• Shares withheld/disposed: 1,873 shares at $27.82 per share = $52,107.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/plan: The filing lists the disposition as tax withholding; no 10b5-1 plan or other special instructions were disclosed in the excerpt.
• Timeliness: Filing date appears shortly after the transaction; no late-filing flag is indicated in the provided details.

Context
Code F transactions are typically shares withheld to satisfy taxes after an option exercise or restricted-stock vesting (a form of "cashless" settlement), and are routine administrative actions rather than directional bets. Such withholdings reduce insider share count but do not necessarily signal the insider's view on the company’s prospects.