STOCK TITAN

Performance stock grant for Dauch Corp (AXL) Driveline president

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dauch Corp reported that President Driveline Michael Joseph Lynch received an award of 287,879 shares of common stock on February 2, 2026, at no purchase price, in the form of performance-based restricted stock units (PSUs) at target level performance.

The number of PSUs ultimately earned will depend on the highest average price of Dauch Corp's common stock over any 20‑day trading period during a performance period ending March 31, 2029, and cannot exceed 300% of target. The PSUs generally vest 50% at the end of this performance period and 50% one year later.

After this grant, Lynch beneficially owns 818,889 shares of common stock directly and an additional 1,000 shares indirectly through a spouse's trust.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Lynch Michael Joseph

(Last) (First) (Middle)
ONE DAUCH DRIVE

(Street)
DETROIT MI 48211-1198

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Dauch Corp [ AXL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President Driveline
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 02/02/2026 A 287,879(1) A (1) 818,889 D
Common Stock 1,000 I Spouse's Trust
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.
Remarks:
/s/ Kristen M. Netschke, by POA from Michael Joseph Lynch 02/04/2026
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity award did Dauch Corp (AXL) grant to President Driveline Michael Lynch?

Dauch Corp granted Michael Joseph Lynch 287,879 shares of common stock as performance-based restricted stock units (PSUs) at target level performance. The grant carries no purchase price and is tied to the company’s future stock price performance.

How is the performance for Michael Lynch’s PSUs at Dauch Corp (AXL) measured?

The PSUs are tied to the highest average price of Dauch Corp’s common stock over any 20-day trading period. This measurement is taken during a performance period that runs through March 31, 2029, determining how many PSUs are ultimately earned.

What is the maximum number of PSUs Michael Lynch can earn from his Dauch Corp (AXL) grant?

The number of PSUs Michael Joseph Lynch can earn is capped at 300% of the target amount. This cap applies based on stock price performance during the measurement period ending March 31, 2029, limiting the total shares that may vest.

When do Michael Lynch’s performance-based PSUs at Dauch Corp (AXL) vest?

The PSUs generally vest in two equal installments. Fifty percent vest at the end of the performance period ending March 31, 2029, and the remaining fifty percent vest on the one-year anniversary of that date, subject to the award’s terms.

How many Dauch Corp (AXL) shares does Michael Lynch own after this Form 4 transaction?

Following the reported transaction, Michael Joseph Lynch beneficially owns 818,889 shares of Dauch Corp common stock directly. He also has indirect beneficial ownership of 1,000 additional shares held through a spouse’s trust, as disclosed in the filing.

What roles and relationships does Michael Lynch have with Dauch Corp (AXL)?

Michael Joseph Lynch serves as an officer of Dauch Corp with the title President Driveline. The Form 4 identifies him as a reporting person who is not a director or ten percent owner, reflecting his executive management role within the company.
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