Barkas Rafael 4

What Happened
Rafael Barkas, Senior Vice President, Global Operations & Supply Chain at Gentherm (THRM), received a grant of 7,665 restricted stock units (RSUs) on March 17, 2026. The filing shows the acquisition value as $0 (award/grant, transaction code A). This was a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: March 17, 2026 (filed March 18, 2026) — filing appears timely.
• Transaction type/code: Award/Grant (A). Price reported: $0. Total reported value: $0.
• Vesting: Per footnote, the RSUs vest in three equal tranches — one‑third on 2027‑03‑17, one‑third on 2028‑03‑17, and one‑third on 2029‑03‑17.
• Shares owned after the transaction: Not specified in the Form 4 filing.
• Plan: Issued under the 2023 Equity Incentive Plan. No 10b5‑1, tax‑withholding, or cashless sale noted.

Context
RSU grants are common as long‑term compensation and do not represent an immediate cash investment or sale by the insider. Because these units vest in future years, they align the recipient’s incentives with company performance over time; they do not necessarily signal the insider’s near‑term market view.