Dauch Corp (AXL) SVP awarded 186,568 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kemp Terri M. reported acquisition or exercise transactions in this Form 4 filing.
Dauch Corp reported that SVP – Chief of Staff Terri M. Kemp received an equity grant under the company’s compensation program. She was awarded 186,568 shares of Common Stock in the form of restricted stock units at a price of $0.00 per share.
According to the filing, these restricted stock units will settle in common stock, vesting 50% on the one-year anniversary of the grant date and 50% on the two-year anniversary, subject to vesting conditions. After this grant, Kemp directly holds 637,231 shares of Dauch Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kemp Terri M.
Role
SVP - Chief of Staff
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 186,568 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 637,231 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 186,568 shares
Grant price: $0.00 per share
Post-grant holdings: 637,231 shares
+2 more
5 metrics
RSU grant size
186,568 shares
Restricted stock unit award to SVP – Chief of Staff
Grant price
$0.00 per share
Equity compensation, not an open-market purchase
Post-grant holdings
637,231 shares
Total Common Stock directly held after transaction
Vesting schedule year 1
50% of units
Settle in common stock on one-year anniversary of grant
Vesting schedule year 2
50% of units
Settle in common stock on two-year anniversary of grant
Key Terms
restricted stock units, vesting, grant date, Common Stock
4 terms
restricted stock units financial
"These shares represent a grant of restricted stock units that will, subject to vesting, settle in common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"will, subject to vesting, settle in common stock 50% on each of the one- and two-year anniversaries"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant date financial
"on each of the one- and two-year anniversaries of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
Common Stock financial
"These shares represent a grant of restricted stock units that will, subject to vesting, settle in common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Dauch Corp (AXL) report for Terri M. Kemp?
Dauch Corp reported that SVP – Chief of Staff Terri M. Kemp received a grant of restricted stock units. The Form 4 shows an award of 186,568 shares of Common Stock at $0.00 per share as part of her equity-based compensation package.
How many restricted stock units did Terri M. Kemp receive at Dauch Corp (AXL)?
Terri M. Kemp was granted 186,568 restricted stock units linked to Dauch Corp Common Stock. These units represent a significant equity award to the SVP – Chief of Staff and are structured to vest over time rather than as an immediate cash or open-market stock purchase.
What is the vesting schedule for Terri M. Kemp’s restricted stock units at Dauch Corp (AXL)?
The filing states the restricted stock units vest in two equal installments. Subject to vesting conditions, 50% of the units settle in common stock on the one-year anniversary of the grant date and the remaining 50% settle on the two-year anniversary, encouraging multi-year retention.