Wang Chenglong 4

4 · Gentherm Inc · Filed Mar 25, 2026

AI-generated summary of this filing

Updated Mar 26, 2026

Gentherm (THRM) VP Wang Chenglong Receives Award of 266 Shares

What Happened

Wang Chenglong, VP & General Manager of Gentherm (THRM), was reported to have received 266 shares on March 23, 2026. The shares were issued as an award (transaction code A) at a $0.00 acquisition price (i.e., as compensation rather than a purchase).

Key Details

Filing date: March 25, 2026; Period of report: March 23, 2026.
Transaction: Award/grant of 266 shares at $0.00 per share (total cash paid = $0).
Origin of award: Performance-based restricted stock units (PSUs) granted March 14, 2023 under the 2013 Equity Incentive Plan (see footnote F1).
Performance determination: On March 23, 2026 the Compensation and Talent Committee certified results — Adjusted EBITDA PSUs earned at 69.15% and ROIC PSUs at 63.44%, yielding a combined payout of 40.35% of the original PSU grant.
Shares owned after transaction: Not specified in the filing.
No indication in the filing of a 10b5-1 plan, tax withholding sale, or late filing.

Context

PSUs are performance-conditioned equity awards; payout depends on multi-year financial metrics (here, cumulative adjusted EBITDA and ROIC measured through 2025). This transaction reflects a compensation vesting/payment, not an open-market purchase or sale, and is therefore not a direct bullish or bearish trading signal by the insider.

Form 4Exit

Period: 2026-03-23

VP & General Manager

Transactions

Footnotes (1)

[F1]On March 14, 2023, the Reporting Person was granted performance-based restricted stock units (PSUs) under the 2013 Equity Incentive Plan. A portion of such PSUs are earned at 0% - 200% of the target grant award based on the Issuer's three-year cumulative adjusted EBITDA measured in 2025 (Adjusted EBITDA PSUs), and a portion of such PSUs are earned at 0% - 200% of the target grant award based on the Issuer's return on invested capital measured in 2025 (ROIC PSUs). The PSUs vest on the later of the date the Compensation and Talent Committee determines that the PSUs are earned and the third anniversary of the grant date. On March 14, 2026, the vesting period lapsed, and on March 23, 2026, the Compensation and Talent Committee determined that the Adjusted EBITDA PSUs were earned at 69.15% of the target performance level, and the ROIC PSUs were earned at 63.44% of the target performance level, which reflects a total payout of 40.35% of the PSUs granted on March 14, 2023.

Signature

/s/ Stephanie Swan, by Power of Attorney|2026-03-25

1 file