Dauch Corp (AXL) director Kozyra awarded 29,773 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dauch Corp director William Lawrence Kozyra reported a stock-based compensation award. He acquired 29,773 shares of Common Stock as a grant or award, held indirectly through a wholly owned S-Corp, at a stated price of $0.0000 per share.
The filing notes these 29,773 shares are restricted stock units that will be settled in common stock upon vesting, which occurs on the one-year anniversary of the grant date. Following this transaction, Kozyra holds 78,447 common shares directly and 128,864 common shares indirectly through the S-Corp.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kozyra William Lawrence
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,773 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 128,864 shares (Indirect, By wholly owned S-Corp);
Common Stock — 78,447 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 29,773 shares
Grant price per share: $0.0000 per share
Direct holdings after transaction: 78,447 shares
+1 more
4 metrics
RSUs granted
29,773 shares
Restricted stock units awarded to director Kozyra
Grant price per share
$0.0000 per share
Stated price for RSU award
Direct holdings after transaction
78,447 shares
Common Stock directly held by Kozyra after filing
Indirect holdings after transaction
128,864 shares
Common Stock held via wholly owned S-Corp after filing
Key Terms
restricted stock units (RSUs), vest, indirect ownership, wholly owned S-Corp
4 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.
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership: "By wholly owned S-Corp""
wholly owned S-Corp financial
"nature_of_ownership: "By wholly owned S-Corp""
FAQ
What did Dauch Corp (AXL) director William Kozyra report in this Form 4?
William Lawrence Kozyra reported receiving 29,773 restricted stock units as a grant or award. These units will convert into common stock upon vesting. The grant reflects stock-based compensation rather than an open-market share purchase or sale.
When do William Kozyra’s new Dauch Corp (AXL) RSUs vest?
The restricted stock units granted to William Kozyra vest on the one-year anniversary of the grant date. Once vested, they will be settled in Dauch Corp common stock, increasing his actual share ownership at that time if all units vest as scheduled.
Is William Kozyra’s Dauch Corp (AXL) grant an open-market purchase or sale?
The filing describes the transaction with code A, indicating a grant, award, or other acquisition. The 29,773 units were received at a stated price of $0.0000 per share, so this is stock-based compensation, not an open-market buy or sell transaction.