Dauch Corp (DCH) director Pierce receives 29,773 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pierce Sandra E. reported acquisition or exercise transactions in this Form 4 filing.
Dauch Corp director Sandra E. Pierce reported an equity award of 29,773 restricted stock units (RSUs) tied to the company’s common stock. The RSUs, held indirectly through SandyPierce LLC, were granted at no cash cost and will vest on the one-year anniversary of the grant date, after which they settle in common shares.
Separately, Pierce is shown with 149,953 common shares held directly as of the reported date, providing context for her overall equity exposure alongside the new RSU grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pierce Sandra E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,773 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 29,773 shares (Indirect, SandyPierce LLC);
Common Stock — 149,953 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 29,773 RSUs
Direct common shares after event: 149,953 shares
Indirect common shares after event: 29,773 shares
+1 more
4 metrics
RSU grant size
29,773 RSUs
Restricted stock units granted to SandyPierce LLC
Direct common shares after event
149,953 shares
Direct Dauch Corp common stock held by Pierce
Indirect common shares after event
29,773 shares
Common shares underlying RSUs held via SandyPierce LLC
RSU vesting schedule
One-year anniversary
RSUs vest one year after grant date
Key Terms
restricted stock units (RSUs), vest, indirect ownership, grant, award, or other acquisition
4 terms
restricted stock units (RSUs) financial
"These shares represent restricted stock units (RSUs) that will be settled"
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","nature_of_ownership": "SandyPierce LLC""
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Dauch Corp (DCH) director Sandra E. Pierce report?
Sandra E. Pierce reported receiving 29,773 restricted stock units (RSUs). These RSUs relate to Dauch Corp common stock, were granted at no cash cost, and represent a compensation award rather than an open-market purchase or sale.
How many restricted stock units did Sandra E. Pierce receive in the latest Dauch Corp Form 4?
Pierce received 29,773 restricted stock units (RSUs). The filing notes these RSUs will be settled in Dauch Corp common stock upon vesting and are held indirectly through SandyPierce LLC, reflecting an additional equity-based compensation grant.
When do Sandra E. Pierce’s Dauch Corp RSUs vest?
The RSUs vest on the one-year anniversary of the grant date. At vesting, the 29,773 restricted stock units will be settled in Dauch Corp common stock, increasing the indirect share holdings associated with SandyPierce LLC.
Are Sandra E. Pierce’s new Dauch Corp RSUs an open-market stock purchase?
No, the RSUs are a grant, not an open-market purchase. The Form 4 uses transaction code “A” and a zero dollar price, indicating a compensation-related award of 29,773 restricted stock units rather than a buy or sell in the market.