Director MacAulay receives 29,773 RSUs in Dauch Corp (AXL) grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dauch Corp director Fiona M. MacAulay received an equity grant in the form of restricted stock units. On the grant date, she acquired 29,773 RSUs that will be settled in common stock upon vesting. These RSUs vest on the one-year anniversary of the grant date.
Following this award, MacAulay holds 30,846 shares of common stock directly, reflecting her updated ownership position at Dauch Corp. The grant carried a stated price of $0.00 per share, consistent with stock-based compensation rather than a market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MacAulay Fiona M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,773 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,846 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 29,773 units
Price per RSU: $0.00 per share
Shares after transaction: 30,846 shares
+1 more
4 metrics
RSUs granted
29,773 units
Restricted stock units granted to Fiona M. MacAulay
Price per RSU
$0.00 per share
Stated transaction price for the RSU award
Shares after transaction
30,846 shares
Total common stock held directly following the grant
Vesting schedule
One-year cliff
RSUs vest on the one-year anniversary of grant
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 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.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did Dauch Corp (AXL) disclose for Fiona MacAulay?
Dauch Corp reported that director Fiona M. MacAulay received a grant of 29,773 restricted stock units. These RSUs will be settled in common stock when they vest, reflecting equity-based compensation rather than an open-market share purchase.
What are the key terms of Fiona MacAulay’s RSU grant at Dauch Corp (AXL)?
MacAulay’s grant consists of 29,773 restricted stock units that will be settled in common stock upon vesting. According to the disclosure, these RSUs vest on the one-year anniversary of the grant date, aligning with a typical annual vesting schedule.
Did Fiona MacAulay pay cash for the 29,773 Dauch Corp (AXL) RSUs?
No cash changed hands in this transaction; the RSUs were granted at a stated price of $0.00 per share. This indicates a compensation award rather than a market purchase, consistent with standard director or executive equity incentives.
Is Fiona MacAulay’s Dauch Corp (AXL) transaction a buy or a grant?
The transaction is classified as a grant or award acquisition, not an open-market buy. The Form 4 uses transaction code A, indicating 29,773 restricted stock units granted as compensation that will convert into common stock when they vest.