REG - Dauch Corporation - Awards of PSUs and RSUs PDMR Dealing
12/05/2026 07:00
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RNS Number : 8745D Dauch Corporation 11 May 2026
Dauch Corporation (the "Company") - Transaction Notification
Awards of PSUs and RSUs
PDMR Dealings
May 11, 2026
NOTIFICATION OF TRANSACTIONS BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
("PDMRs") IN SHARES OF COMMON STOCK OF PAR VALUE $0.01 EACH IN THE COMPANY
("Shares")
Dauch Corporation (NYSE, LSE: DCH), a global leader in the global automotive
industry, announces the following transactions by PDMRs of Dauch Corporation
(the "Company") relating to the grant of Performance Stock Units ("PSUs") and
Restricted Stock Units ("RSUs") under the Company's 2026 Inducement Omnibus
Incentive Plan.
General Counsel and Secretary PSU Grant
PSUs were granted to Joshua Sherbin, General Counsel and Secretary, effective
4 May 2026 under the Company's 2026 Inducement Omnibus Incentive Plan. These
PSUs entitle the holder to receive Shares upon vesting following certification
of achievement of pre-established performance objectives. Achievement of
performance is based on the highest average share price of Company Common
Stock (measured every trading day based on the 20 trading-day average)
achieved over a 20-day trading period during the measurement period ending
March 31, 2029 ("Performance Period"). The holder must generally remain
employed with the Company through the end of the Performance Period for 50% of
the award to vest and through the one-year anniversary of that date for the
other 50% of the award to vest, except for any earned amounts through the
termination date in cases of a termination due to death and disability or a
pro-rata portion of any such earned amounts upon a termination without cause.
PSU Grants
PSUs were granted to the individuals listed in the tables below, who are PDMRs
of the Company, effective 1 May 2026, under the Company's Amended and Restated
Company 2018 Omnibus Incentive Plan, except for Joshua Sherbin, who was
granted the PSUs, effective 4 May 2026, under the Company's 2026 Inducement
Omnibus Incentive Plan. These PSUs, all of which are subject to the same
general terms, will settle in shares of Company common stock upon
certification of achievement of pre-established performance objectives.
Achievement of performance is based on the Company's Free Cash Flow ("FCF"),
measured on both an annual basis for each of the 2026, 2027, and 2028 calendar
years (representing 45% of the target award opportunity) and on a three-year
cumulative basis over the performance period (representing 55% of the target
award opportunity), with the earned amount subject to further modification
based on the achievement of predetermined net synergy targets. The holders
must generally remain employed with the Company through the payment date,
which will be no later than the fifteenth day of the third month following the
end of the performance period, except that a pro-rata portion of the target
award opportunity shall be paid in cases of a termination due to death,
retirement, disability or by the Company for a reason other than cause, based
on the number of calendar months employed during the performance period.
General Counsel RSU Award
RSUs were granted to Joshua Sherbin under the Company's 2026 Inducement
Omnibus Incentive Plan effective 4 May 2026. Subject to continued employment
with the Company, RSUs granted under the 2026 RSU Award will vest on the third
anniversary of the date of grant.
Special RSU Award
In recognition of her service to the Company, Terri M. Kemp was awarded a
one-time grant of RSUs on 4 May 2026. The RSUs will vest 50% on each of the
one- and two-year anniversaries of the grant date, or earlier if Ms. Kemp's
service ends as a result of (i) Retirement (as defined in the Plan), (ii) a
termination without cause or (iii) death or disability. In each case, the
Award will be paid 50% on the one-year anniversary of the grant date and 50%
on the two-year anniversary of the grant date.
RSU Award
RSUs were granted to the individuals named in the tables below, who are PDMRs
of the Company, effective 30 April, 2026, under the Amended and Restated
Company 2018 Omnibus Incentive Plan. The RSUs will settle in common stock upon
vesting on the first anniversary of the grant date. Each RSU represents a
contingent right to receive one share of the Company's common stock.
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Terri Kemp
2. Reason for the notification
a) Position / status Officer
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-05-04
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units ("RSU") that will, subject to vesting, settle
in common stock 50% on each of the one- and two-year anniversaries of the
grant date. Each RSU represents a contingent right to receive one Share.
g) Summary Price Volume Total
0.00 186568.00 0.00
Aggregated 0.00 186568.00 0.00
Transaction II
a) Date of the transaction 2026-05-04
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of performance stock units (PSU) that will settle in common stock upon
vesting at the end of the performance period ending on December 31, 2028.
g) Summary Price Volume Total
0.00 75560.00 0.00
Aggregated 0.00 75560.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Terry Grayson-Caprio
2. Reason for the notification
a) Position / status Director
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-04-30
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units ("RSU") that will settle in common stock upon
vesting on the first anniversary of the grant date. Each RSU represents a
contingent right to receive one Share.
g) Summary Price Volume Total
0.00 29773.00 0.00
Aggregated 0.00 29773.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Joshua Sherbin
2. Reason for the notification
a) Position / status Officer
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-05-04
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of performance-based restricted stock units (PSUs) at target level
performance. The actual number of PSUs that will be achieved is based on the
highest average price of the Company's common stock achieved over any 20-day
trading period during the measurement period ending March 31, 2029
("Performance Period"). The number of PSUs earned by the reporting person will
not exceed 300% of target. The PSUs will generally vest 50% at the end of the
Performance Period and 50% on the one-year anniversary thereof.
g) Summary Price Volume Total
0.00 45455.00 0.00
Aggregated 0.00 45455.00 0.00
Transaction II
a) Date of the transaction 2026-05-04
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units (RSUs) that will settle in common stock upon
vesting on the third anniversary of the grant date. Each RSU represents a
contingent right to receive one Share.
g) Summary Price Volume Total
0.00 100747.00 0.00
Aggregated 0.00 100747.00 0.00
Transaction III
a) Date of the transaction 2026-05-04
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of performance stock units (PSU) that will settle in common stock upon
vesting at the end of the performance period ending on December 31, 2028.
g) Summary Price Volume Total
0.00 75560.00 0.00
Aggregated 0.00 75560.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name James McCaslin
2. Reason for the notification
a) Position / status Director
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-04-30
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units ("RSU") that will settle in common stock upon
vesting on the first anniversary of the grant date. Each RSU represents a
contingent right to receive one Share.
g) Summary Price Volume Total
0.00 29773.00 0.00
Aggregated 0.00 29773.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Herbert Parker
2. Reason for the notification
a) Position / status Director
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-04-30
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units ("RSU") that will settle in common stock upon
vesting on the first anniversary of the grant date. Each RSU represents a
contingent right to receive one Share.
g) Summary Price Volume Total
0.00 29773.00 0.00
Aggregated 0.00 29773.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Aleksandra Miziolek
2. Reason for the notification
a) Position / status Director
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-04-30
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units ("RSU") that will settle in common stock upon
vesting on the first anniversary of the grant date. Each RSU represents a
contingent right to receive one Share.
g) Summary Price Volume Total
0.00 29773.00 0.00
Aggregated 0.00 29773.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Simon Mackenzie Smith
2. Reason for the notification
a) Position / status Director
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-04-30
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units ("RSU") that will settle in common stock upon
vesting on the first anniversary of the grant date. Each RSU represents a
contingent right to receive one Share.
g) Summary Price Volume Total
0.00 29773.00 0.00
Aggregated 0.00 29773.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Samuel Valenti III
2. Reason for the notification
a) Position / status Director
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-04-30
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units ("RSU") that will settle in common stock upon
vesting on the first anniversary of the grant date. Each RSU represents a
contingent right to receive one Share.
g) Summary Price Volume Total
0.00 29773.00 0.00
Aggregated 0.00 29773.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Peter Lyons
2. Reason for the notification
a) Position / status Director
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-04-30
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units ("RSU") that will settle in common stock upon
vesting on the first anniversary of the grant date. Each RSU represents a
contingent right to receive one Share.
g) Summary Price Volume Total
0.00 29773.00 0.00
Aggregated 0.00 29773.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name William Kozyra
2. Reason for the notification
a) Position / status Director
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-04-30
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units ("RSU") that will settle in common stock upon
vesting on the first anniversary of the grant date. Each RSU represents a
contingent right to receive one Share.
g) Summary Price Volume Total
0.00 29773.00 0.00
Aggregated 0.00 29773.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name David Walker
2. Reason for the notification
a) Position / status Director
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-04-30
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units ("RSU") that will settle in common stock upon
vesting on the first anniversary of the grant date. Each RSU represents a
contingent right to receive on Share.
g) Summary Price Volume Total
0.00 29773.00 0.00
Aggregated 0.00 29773.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Sandra Pierce
2. Reason for the notification
a) Position / status Director
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-04-30
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units ("RSU") that will settle in common stock upon
vesting on the first anniversary of the grant date. Each RSU represents a
contingent right to receive one Share.
g) Summary Price Volume Total
0.00 29773.00 0.00
Aggregated 0.00 29773.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Fiona MacAulay
2. Reason for the notification
a) Position / status Director
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-04-30
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of restricted stock units ("RSU") that will settle in common stock upon
vesting on the first anniversary of the grant date. Each RSU represents a
contingent right to receive one Share.
g) Summary Price Volume Total
0.00 29773.00 0.00
Aggregated 0.00 29773.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name David Dauch
2. Reason for the notification
a) Position / status Officer
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-05-04
b) Description and identifier of the financial instrument Share
c) Identification Code US0240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of performance stock units (PSU) that will settle in common stock upon
vesting of the performance period ending on December 31, 2028.
g) Summary Price Volume Total
0.00 509329.00 0.00
Aggregated 0.00 509329.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Markus Bannert
2. Reason for the notification
a) Position / status Officer
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-05-04
b) Description and identifier of the financial instrument Share
c) Identification Code US00240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of performance stock units (PSU) that will settle in common stock upon
vesting at the end of the performance period ending on December 31, 2028.
g) Summary Price Volume Total
0.00 78878.00 0.00
Aggregated 0.00 78878.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Christopher May
2. Reason for the notification
a) Position / status Officer
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-05-04
b) Description and identifier of the financial instrument Share
c) Identification Code US00240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of performance stock units (PSU) that will settle in common stock upon
vesting at the end of the performance period ending on December 31, 2028.
g) Summary Price Volume Total
0.00 107743.00 0.00
Aggregated 0.00 107743.00 0.00
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with the ("PCA")
a) Name Michael Lynch
2. Reason for the notification
a) Position / status Officer
b) Initial notification / amendment Initial Notification
3. Details of the issuer
a) Name Dauch Corporation
b) LEI 254900SMQY98VFKNCC32
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
Transaction I
a) Date of the transaction 2026-05-04
b) Description and identifier of the financial instrument Share
c) Identification Code US00240611030
d) Place of the transaction Outside a trading venue
e) Currency USD - United States Dollar
f) Nature of the transaction Grant of performance stock units (PSU) that will settle in common stock upon
vesting at the end of the performance period ending on December 31, 2028.
g) Summary Price Volume Total
0.00 121736.00 0.00
Aggregated 0.00 121736.00 0.00
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