Dauch Corp (DCH) CFO granted 113,738 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dauch Corp reported that EVP & CFO Christopher John May received an equity award of common stock. He acquired 113,738 shares through a grant classified as a restricted stock unit (RSU) award, with no cash paid per share. After this grant, his directly owned common stock holdings total 1,128,706 shares.
The footnote explains that these RSUs will settle in common stock on the third anniversary of the grant date, meaning the shares are subject to vesting over a three-year period before delivery.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
May Christopher John
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 113,738 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,128,706 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Dauch Corp (DCH) report for Christopher John May?
Dauch Corp reported that EVP & CFO Christopher John May acquired 113,738 shares of common stock through a restricted stock unit grant. The award was recorded at a price of $0.00 per share as part of his equity compensation, not an open-market purchase.
Was the Dauch Corp (DCH) Form 4 transaction a stock purchase or an equity grant?
The Form 4 transaction was an equity grant, not an open-market purchase. Christopher John May received 113,738 restricted stock units as a grant or award, classified under code "A" for grant, award, or other acquisition, with no cash consideration per share.
What are the vesting terms of the Dauch Corp (DCH) restricted stock units granted?
The restricted stock units granted to Christopher John May will settle in common stock on the third anniversary of the grant date. This means the RSUs must vest over a three-year period before converting into Dauch Corp common shares delivered to him.
What does transaction code "A" mean in the Dauch Corp (DCH) Form 4?
In this Form 4, transaction code "A" indicates a grant, award, or other acquisition of securities. For Dauch Corp, it reflects that Christopher John May received 113,738 restricted stock units as part of his compensation, rather than buying shares in the open market.