Dauch Corporation Announces Employee Inducement Award under NYSE Rule 303A.08

Rhea-AI Summary

Dauch Corporation (NYSE: DCH) granted an inducement award of performance stock units to Markus Bannert effective Feb 5, 2026, tied to his appointment as an executive officer and the company’s business combination with Dowlais Group plc. The target is 90,909 shares; maximum payout equals 272,727 shares.

Vesting depends on continued employment and a 20-day average share-price measurement through the performance period ending March 31, 2029. Payouts scale from $12.00 (100% of target) up to $22.00 (300% of target); 50% vests at period end, remainder vests one year later. Award approved by the Compensation Committee under the 2026 Inducement Omnibus Equity Incentive Plan pursuant to NYSE Rule 303A.08.

News Market Reaction

-1.05%

1 alert

-1.05% News Effect

On the day this news was published, DCH declined 1.05%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Target PSUs: 90,909 shares Maximum PSUs: 272,727 shares Performance period end: March 31, 2029 +5 more

8 metrics

Target PSUs 90,909 shares Performance stock units granted as inducement award

Maximum PSUs 272,727 shares Maximum shares that may be earned from inducement grant

Performance period end March 31, 2029 End of measurement period for performance stock units

Price threshold $12.00 20-day average share price required for 100% target payout

Max price level $22.00 20-day average price for maximum 300% payout

Max payout percentage 300% Maximum payout as a percentage of target PSUs

Immediate vesting split 50% / 50% Half vests at performance period end, half one year later

Market cap $2,031,458,574 Market capitalization prior to this news

Market Reality Check

Price: $7.25 Vol: Volume 4,539,498 is at 0....

low vol

$7.25 Last Close

Volume Volume 4,539,498 is at 0.36x the 20-day average of 12,723,326, indicating relatively light trading activity before this news. low

Technical Shares at $8.55 are trading above the 200-day moving average of $8.41, with the price 7.57% below the 52-week high of $9.25 and 5.17% above the 52-week low of $8.13.

Peers on Argus

No peers from the Motor Vehicle Parts & Accessories sector appeared in the momen...

No peers from the Motor Vehicle Parts & Accessories sector appeared in the momentum scanner, suggesting the 4.99% move in DCH preceded this news and looked stock-specific rather than part of a broader sector rotation.

Market Pulse Summary

This announcement details an inducement grant of performance stock units for a new executive, with a...

Analysis

This announcement details an inducement grant of performance stock units for a new executive, with a target of 90,909 shares and up to 272,727 shares at maximum payout. Vesting depends on employment and a 20-day average share price through March 31, 2029, with key thresholds at $12.00 and $22.00. Investors may monitor how this equity structure aligns leadership incentives, potential dilution from share issuance, and management’s ability to meet the performance hurdles.

Key Terms

performance stock units, business combination, omnibus equity incentive plan

3 terms

performance stock units financial

"was granted an award of performance stock units covering a target of 90,909 shares"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

business combination financial

"in connection with the business combination with Dowlais Group plc and his appointment"

A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.

omnibus equity incentive plan financial

"under the Dauch Corporation 2026 Inducement Omnibus Equity Incentive Plan as an employment"

A single, company-wide plan that lets a business grant different kinds of stock-based pay — such as stock options, shares that vest over time, or other equity awards — to employees, directors and consultants. It matters to investors because it determines how much of the company can be paid out in shares, how quickly those shares enter the market, and how well employees are motivated to grow the business; think of it as a toolbox or menu for paying with ownership stakes that can dilute existing holders and affect company performance.

AI-generated analysis. Not financial advice.

DETROIT, Feb. 9, 2026 /PRNewswire/ -- Dauch Corporation (Dauch), (NYSE: DCH) today announced effective February 5, 2026, in connection with the business combination with Dowlais Group plc and his appointment as an executive officer of Dauch Corporation (the "Company"), Markus Bannert was granted an award of performance stock units covering a target of 90,909 shares of the Company's common stock (for which up to 272,727 shares may be earned (the "Inducement Grant")).

The Inducement Grant will vest based on continued employment and the highest average share price achieved over a 20-day trading period during the measurement period ending March 31, 2029 (the "Performance Period"). If the average price of (measured every trading day based on the 20 trading-day average) remains above $12.00 over a 20 trading-day period, 100% of the target award would be considered earned, with the payout increasing incrementally by $1.00 and 20%, respectively, up to a maximum of $22.00 and corresponding payout percentage of 300%. Subject to Mr. Bannert's continued employment with the Company, 50% of the award will vest at the end of the Performance Period and the remaining 50% will vest at the one-year anniversary of that date.

The Inducement Grant was approved by the Compensation Committee of the Company's Board of Directors and granted under the Dauch Corporation 2026 Inducement Omnibus Equity Incentive Plan as an employment inducement award pursuant to New York Stock Exchange Rule 303A.08.

About Dauch

Dauch Corporation is a premier Driveline and Metal Forming supplier serving the global automotive industry with a powertrain-agnostic product portfolio that supports electric, hybrid, and internal combustion vehicles. The company is headquartered in Detroit, MI, with operations that span 24 countries and more than 175 locations. Visit www.dauch.com to learn more.

Contacts:
Christopher M. Son
Vice President, Marketing & Communications
+1 (313) 758-4814
Chris.son@aam.com

David H. Lim
Head of Investor Relations
+1 (313) 758-2006
David.lim@aam.com

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SOURCE Dauch Corporation

FAQ

What is the inducement award Dauch (DCH) granted to Markus Bannert on Feb 5, 2026?

The award is a performance stock unit grant with a 90,909-share target and up to 272,727 shares payout. According to Dauch, vesting is tied to employment and a 20-day average share-price measurement through March 31, 2029.

How does the Dauch (DCH) performance metric determine payout for Bannert's award?

Payout is based on the highest 20-day average share price during the performance period ending March 31, 2029. According to Dauch, the payout scales from $12.00 (100% of target) to $22.00 (300% of target), increasing 20% per $1.00 step.

When do Bannert's awarded shares from Dauch (DCH) actually vest and become payable?

Vesting is split: 50% vests at the end of the performance period (March 31, 2029) and the remaining 50% vests one year later. According to Dauch, continued employment is required for both vesting tranches.

Under what plan and rule was Dauch (DCH) able to grant the inducement award to Bannert?

The award was granted under the 2026 Inducement Omnibus Equity Incentive Plan as an employment inducement. According to Dauch, the grant was approved by the Compensation Committee pursuant to NYSE Rule 303A.08.

What is the maximum share payout and target share count for the Dauch (DCH) inducement grant?

The grant’s target equals 90,909 shares and the maximum possible payout equals 272,727 shares. According to Dauch, the maximum reflects performance-based scaling tied to the company’s 20-day average share-price thresholds.