April 5, 2024 · Form 4 insider transaction
Eyler Phillip sold 9,947 shares of Gentherm Incorporated at $55.36 per share, a transaction worth $550.7K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 3 days after the transaction.
This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 5, 2023 that provides for the sale of up to 134,684 shares of common stock upon the exercise of stock options. The stock options were granted by Gentherm on December 4, 2017 and have an expiration date of December 4, 2024.; The price represents the weighted average price of the multiple transactions reported on this line. The shares were sold at prices ranging from $55.00 to $55.71. Upon request by the SEC staff, the issuer or any securityholder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.