Bannert Markus 4/A

What Happened

• Markus Bannert, President — Metal Forming at Dauch Corp (DCH), was granted 90,909 performance-based restricted stock units (PSUs) on February 5, 2026. The award has no immediate cash price (N/A) because it is a time- and performance-based equity grant rather than an open-market trade or option exercise. This is an award/compensation event (A), not a buy or sell.

Key Details

• Transaction date: February 5, 2026 (reported on a Form 4 originally filed Feb 9, 2026; this is an amended filing dated Feb 13, 2026).
• Award: 90,909 PSUs at target; no per-share price applicable (N/A).
• Performance and vesting: PSUs are performance-based; payout determined by the highest 20-day average stock price during the measurement period ending March 31, 2029. Payout may range up to 300% of target. Vesting schedule: generally 50% at the end of the Performance Period and 50% one year later. (Footnote F1)
• Beneficial ownership: The amendment clarifies the total shares beneficially owned by the reporting person; that amount was undetermined in the original filing and has been updated by this amendment. (Footnote F2)
• Timeliness: The original Form 4 was filed Feb 9, 2026 for a Feb 5 transaction and the Form 4 was amended Feb 13, 2026 — this indicates the filing process extended beyond the typical 2-business-day window for Form 4s.

Context

• PSUs are compensation awards that vest only if performance conditions are met; they do not represent an immediate market purchase or sale and therefore are not a direct signal of insider buying or selling. The award could convert into shares in the future depending on performance and vesting schedule.