Dauch Corp (AXL) President Driveline awarded 79,764 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dauch Corp reported that executive Oal Tolga I, President Driveline, acquired 79,764 shares of common stock through a grant of restricted stock units. These RSUs will convert into common stock on the third anniversary of the grant date, if vesting conditions are met. After this award, his directly held common stock position is 334,695 shares, reflecting his equity-based compensation and alignment with shareholder outcomes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Oal Tolga I
Role
President Driveline
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 79,764 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 334,695 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Dauch Corp (AXL) disclose for Oal Tolga I?
Dauch Corp reported that executive Oal Tolga I received a grant of 79,764 restricted stock units. These RSUs represent future common shares that will settle in stock upon vesting, increasing his equity exposure to the company over time.
What type of equity award did Dauch Corp (AXL) grant to Oal Tolga I?
The company granted Oal Tolga I restricted stock units that settle in common stock. The award covers 79,764 units, which will convert into Dauch Corp common shares upon vesting, providing long-term, stock-based compensation rather than an immediate cash transaction.
When will Oal Tolga I’s Dauch Corp (AXL) RSUs vest into common stock?
The restricted stock units granted to Oal Tolga I are scheduled to vest on the third anniversary of the grant date. At that time, assuming vesting conditions are satisfied, the RSUs will settle in Dauch Corp common stock as described in the filing footnote.
What role does Oal Tolga I hold at Dauch Corp (AXL) in this insider filing?
In this insider report, Oal Tolga I is identified as an officer of Dauch Corp with the title President Driveline. The Form 4 reflects his compensation-related acquisition of restricted stock units that will ultimately settle in common shares if vesting requirements are met.