Dauch Corp (AXL) grants 90,909 performance share units to officer

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bannert Markus

(Last) (First) (Middle)

ONE DAUCH DRIVE

(Street)

DETROIT MI 48211

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Dauch Corp [ DCH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President - Metal Forming

3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/05/2026		A		90,909	A	(1)	236,917(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. 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.

Remarks:

	/s/ Kristen M. Netschke, by PoA from Markus Bannert	02/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did Dauch Corp (AXL) report on this Form 4/A?

Dauch Corp reported that officer Markus Bannert acquired 90,909 shares of common stock through a grant of performance-based restricted stock units. These units represent equity compensation rather than an open-market purchase, increasing his directly owned stake to 236,917 shares.

How are Markus Bannert’s Dauch Corp (AXL) PSUs performance-based?

The PSUs are tied to the highest average Dauch Corp common stock price over any 20‑day trading period within a performance period ending March 31, 2029. The actual number of PSUs earned will vary based on this share-price performance outcome.

What is the maximum number of Dauch Corp (AXL) PSUs Markus Bannert can earn?

The filing states that the number of PSUs earned by Markus Bannert will not exceed 300% of the target level. This means his ultimate equity compensation from this grant can be up to three times the initial 90,909 target units, depending on share-price performance.

When do Markus Bannert’s Dauch Corp (AXL) PSUs vest?

Any PSUs that are ultimately earned will generally vest in two stages: 50% at the end of the performance period ending March 31, 2029, and the remaining 50% on the one‑year anniversary of that date, extending alignment with long-term performance.

How many Dauch Corp (AXL) shares does Markus Bannert own after this transaction?

After the reported PSU grant of 90,909 shares at target level, Markus Bannert beneficially owns 236,917 shares of Dauch Corp common stock directly. This updated total corrects and replaces an earlier amount that was pending administrative processing.

Why was this Dauch Corp (AXL) Form 4 amended?

The amendment clarifies the total number of shares beneficially owned by Markus Bannert. The original filing noted that this figure was still being determined administratively; the amended Form 4 now provides the finalized total of 236,917 shares owned following the PSU grant.