Dauch Corp officer awarded 90,909 share units
Dauch Corp officer Markus Bannert reported acquiring 90,909 shares of common stock in the form of performance-based restricted stock units (PSUs).
Rhea-AI Filing Summary
Dauch Corp officer Markus Bannert reported acquiring 90,909 shares of common stock in the form of performance-based restricted stock units (PSUs). This award increased his directly owned stake to 236,917 shares.
The PSUs are granted at a target level, with the actual number earned depending on the highest average price of Dauch Corp’s common stock over any 20‑day trading period during a performance period that ends on March 31, 2029. The award is capped at 300% of the target number of PSUs. Any PSUs ultimately earned will generally vest 50% at the end of the performance period and the remaining 50% on the first anniversary of that date, tying Bannert’s compensation to the company’s longer-term share price performance.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 90,909 | $0.00 | $0.00 |
Footnotes (2)
- F1. These shares represent a grant of performance-based restricted stock units (PSUs) at target level performance. The actual number of PSUs that will be achieved is based on the highest average price of the Company's common stock achieved over any 20-day trading period during the measurement period ending March 31, 2029 ("Performance Period"). The number of PSUs earned by the reporting person will not exceed 300% of target. The PSUs will generally vest 50% at the end of the Performance Period and 50% on the one-year anniversary thereof.
- F2. As indicated on the filer's Form 4 originally filed on February 9, 2026, the total number of shares beneficially owned had yet to be determined at the time of filing due to administrative processing. This amount has been determined and is reflected by this amendment thereto.
FAQ
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What insider transaction did Dauch Corp (AXL) report on this Form 4/A?
How are Markus Bannert’s Dauch Corp (AXL) PSUs performance-based?
What is the maximum number of Dauch Corp (AXL) PSUs Markus Bannert can earn?
When do Markus Bannert’s Dauch Corp (AXL) PSUs vest?
Why was this Dauch Corp (AXL) Form 4 amended?
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