Dauch Corp (AXL) officer reports 146,008 directly held common shares
Rhea-AI Filing Summary
Dauch Corp officer Markus Bannert, President - Metal Forming, filed an initial ownership report showing beneficial ownership of 146,008 shares of common stock as of the event date. This holding is reported as directly owned.
The total includes 92,054 shares tied to restricted stock units (RSUs) that were assumed in connection with the business combination between Dauch Corp and Dowlais Group plc. These RSUs will settle in common stock upon vesting, with 27,521 shares scheduled for March 26, 2027 and 64,533 shares scheduled for March 11, 2028.
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FAQ
What insider position does Markus Bannert hold at Dauch Corp (AXL)?
Markus Bannert is identified as an officer of Dauch Corp, serving as President - Metal Forming. This role is disclosed in the ownership report, which also notes he is not listed as a director or 10% owner in this filing.
How many Dauch Corp (AXL) common shares does Markus Bannert report?
The filing shows that Markus Bannert reports beneficial ownership of 146,008 shares of Dauch Corp common stock. These shares are reported as directly owned and represent his total beneficial holdings as of the reported event date.
What portion of Markus Bannert’s Dauch Corp (AXL) holdings are RSUs?
The report states that 92,054 of the 146,008 shares represent restricted stock units (RSUs). These RSUs were assumed in connection with the business combination between Dauch Corp and Dowlais Group plc and will settle in common stock upon vesting.
When do Markus Bannert’s Dauch Corp (AXL) RSUs vest into common stock?
The filing notes two vesting dates for the RSUs. 27,521 shares vest on March 26, 2027, and 64,533 shares vest on March 11, 2028. Upon vesting, these RSUs will settle in Dauch Corp common stock.
Is Markus Bannert’s Dauch Corp (AXL) ownership direct or indirect?
The ownership is reported as direct. The table of non-derivative securities identifies the 146,008 common shares as directly owned, with no separate nature of indirect beneficial ownership listed in the disclosure.