Dauch Corp (AXL) director receives 29,773 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dauch Corp director Terry Grayson-Caprio received a new equity grant in the form of restricted stock units. The Form 4 shows an acquisition of 29,773 shares of Common Stock at a stated price of $0.0000 per share as a grant or award transaction.
After this award, the director directly holds 69,247 Common Stock shares. According to the footnote, these 29,773 shares are restricted stock units that will be settled in common stock upon vesting and will vest on the one-year anniversary of the grant date, making this a compensation-related, non-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grayson-Caprio Terry
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,773 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 69,247 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 29,773 shares
Transaction price: $0.0000 per share
Holdings after transaction: 69,247 shares
3 metrics
RSU grant size
29,773 shares
Restricted stock units awarded to director as grant
Transaction price
$0.0000 per share
Reported price for RSU grant transaction
Holdings after transaction
69,247 shares
Director’s direct Common Stock ownership after award
Key Terms
restricted stock units (RSUs), vest, Grant, award, or other acquisition
3 terms
restricted stock units (RSUs) financial
"These shares represent restricted stock units (RSUs) that will be settled in common stock"
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Dauch Corp (AXL) report in this Form 4?
Dauch Corp reported that director Terry Grayson-Caprio received a grant of 29,773 restricted stock units. These RSUs will settle in common stock upon vesting and represent a compensation-related equity award rather than an open-market share purchase or sale.
When will the granted Dauch Corp (AXL) restricted stock units vest?
The 29,773 restricted stock units granted to the director will vest on the one-year anniversary of the grant date. Upon vesting, they will be settled in Dauch Corp common stock, turning the RSUs into actual shares held by the reporting person.
What are the director’s Dauch Corp (AXL) holdings after this Form 4 transaction?
Following the RSU award, director Terry Grayson-Caprio directly holds 69,247 shares of Dauch Corp Common Stock. This total includes the impact of the 29,773-share grant reported, giving a clearer picture of the director’s overall direct equity position.