What is the significance of the zero price per share in Dauch Corp’s Form 4 for AXL?

The zero price per share indicates the 29,773 RSUs were awarded as equity compensation, not purchased for cash. When these RSUs vest after one year, they will be settled in Dauch Corp common stock, effectively giving him shares without an out-of-pocket cost.

Director James McCaslin awarded 29,773 RSUs at Dauch Corp (NYSE: AXL)

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

MCCASLIN JAMES A reported acquisition or exercise transactions in this Form 4 filing.

Director James A. McCaslin of Dauch Corp received a grant of 29,773 restricted stock units (RSUs) of common stock on April 30, 2026. The RSUs carry no purchase price and will vest on the one-year anniversary of the grant date.

Each RSU will be settled in Dauch Corp common stock when it vests, effectively adding to McCaslin’s equity stake as long as he remains eligible through the vesting date. Following this award, he directly holds a total of 247,283 shares and RSUs in the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MCCASLIN JAMES A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	29,773	$0.00	--

Holdings After Transaction: Common Stock — 247,283 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 29,773 RSUs Grant price: $0.00 per share Holdings after grant: 247,283 shares/RSUs

3 metrics

RSU grant size 29,773 RSUs Restricted stock units of common stock granted on April 30, 2026

Grant price $0.00 per share Equity compensation award with no purchase price

Holdings after grant 247,283 shares/RSUs Total direct holdings following the RSU award

Key Terms

restricted stock units (RSUs), vest, common stock

3 terms

restricted stock units (RSUs) financial

"These shares represent restricted stock units (RSUs) that will be settled in common stock upon vesting."

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

vest financial

"These RSUs will vest on the one-year anniversary of the date of grant."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

common stock financial

"These shares represent restricted stock units (RSUs) that will be settled in common stock upon vesting."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

05/01/2026 - 04:07 PM

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^*

MCCASLIN JAMES A

(Last)

(First)

(Middle)

ONE DAUCH DRIVE

(Street)

DETROIT

MICHIGAN

48211-1198

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/30/2026		A		29,773⁽¹⁾	A	$0	247,283	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares represent restricted stock units (RSUs) that will be settled in common stock upon vesting. These RSUs will vest on the one-year anniversary of the date of grant.

Remarks:

	/s/ Kristen M. Netschke, by POA from James A. McCaslin	05/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Dauch Corp director James A. McCaslin receive in this Form 4 filing for AXL?

Director James A. McCaslin received a grant of 29,773 restricted stock units (RSUs) of Dauch Corp common stock. These RSUs were awarded at no purchase price and will convert into common shares if and when they vest after the one-year period.

When do James A. McCaslin’s 29,773 Dauch Corp RSUs vest?

The 29,773 restricted stock units granted to James A. McCaslin vest on the one-year anniversary of the grant date. After this one-year vesting period, the RSUs will be settled in Dauch Corp common stock, increasing his actual share ownership.

How many Dauch Corp shares does James A. McCaslin hold after this RSU grant?

After the RSU grant, James A. McCaslin directly holds 247,283 Dauch Corp shares and RSUs in total. This figure includes the newly granted 29,773 restricted stock units that will convert into common stock after they vest on the one-year anniversary.

Did James A. McCaslin buy or sell any Dauch Corp shares in this Form 4?

No open-market buy or sell occurred; McCaslin received shares as a compensation-related grant. The Form 4 shows an acquisition coded as a grant or award, with 29,773 RSUs issued at a zero dollar price, rather than a cash purchase or sale.