Dauch Corp (NYSE: AXL) awards CEO 537,667 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DAUCH DAVID C reported acquisition or exercise transactions in this Form 4 filing.
Dauch Corp Chairman and CEO David C. Dauch reported an equity compensation award of 537,667 shares of common stock, described as restricted stock units that will settle in common stock when they vest on the third anniversary of the grant date. The award was recorded at a price of $0.00 per share, reflecting that it is a grant rather than a market purchase. Following this grant, Dauch directly holds 2,470,690 common shares. He also reports 2,246,449 common shares held indirectly through family and UGMA trusts, which include 333,123 shares that were previously owned directly and contributed to his personal trust in 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DAUCH DAVID C
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 537,667 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,470,690 shares (Direct);
Common Stock — 2,246,449 shares (Indirect, By Family/UGMA Trusts)
Footnotes (1)
- These shares represent a grant of restricted stock units (RSUs) that will settle in common stock upon vesting on the third anniversary of the grant date. Includes 333,123 shares which were previously owned directly. These shares were contributed to the insider's personal trust in 2025 and are now held indirectly and reported as such herein.
FAQ
What did Dauch Corp CEO David C. Dauch report on this Form 4?
David C. Dauch reported receiving an equity award of 537,667 restricted stock units in Dauch Corp common stock. The filing also updates his direct and indirect share holdings, including shares held through family and UGMA trusts.
When do David C. Dauch’s new restricted stock units in Dauch Corp vest?
The 537,667 restricted stock units granted to David C. Dauch vest on the third anniversary of the grant date. Upon vesting, they settle in Dauch Corp common stock, increasing his share ownership at that future time.
What is David C. Dauch’s direct ownership in Dauch Corp after this grant?
After the grant, David C. Dauch directly holds 2,470,690 shares of Dauch Corp common stock. This total reflects his direct holdings only and excludes additional shares reported as indirectly owned through family and UGMA trusts.