Kemp Terri M. 4

What Happened

• Terri M. Kemp, Senior Vice President & Chief of Staff at Dauch Corp (DCH), was granted 27,384 shares on 2026-02-28 (reported on a Form 4 filed 2026-03-03). The grant was recorded as an acquisition at $0.00 per share.
• The filing also shows two tax-withholding (code F) dispositions on the same date: 12,269 shares withheld at $6.60 per share for $80,975, and 24,723 shares withheld at $6.60 per share for $163,172 — a combined withholding of 36,992 shares valued at $244,147. The award itself is an acquisition (not a market purchase); the withheld shares are disposals to satisfy tax obligations and are routine.

Key Details

• Transaction dates: 2026-02-28 (transactions); Form 4 filed 2026-03-03.
• Award: 27,384 shares acquired @ $0.00 (code A).
• Tax withholding/disposals: 12,269 shares @ $6.60 = $80,975; 24,723 shares @ $6.60 = $163,172 (both code F). Total value withheld ≈ $244,147.
• Shares owned after transaction: Not specified in the provided filing.
• Notable footnote: Code F indicates shares were surrendered/withheld to cover tax liabilities (common for equity awards; often called "share withholding" or a cashless tax withholding).
• Filing timeliness: Filing date is 2026-03-03 for 2026-02-28 transactions. Form 4s are typically due within two business days; investors may review the SEC filing page for any late-filing flag.

Context

• This appears to be a compensation-related equity grant with shares withheld to cover taxes, not an open-market sale or a purchase signaling a change in investment stance.
• Tax-withholding disposals (code F) are routine and generally do not reflect a decision to liquidate holdings for investment reasons.