Dauch Corporation Announces Employee Inducement Award Under NYSE Rule 303A.08
Key Highlights
- ➤Nathan Iles appointed Senior Vice President of Finance, effective November 2, 2026
- ➤Dauch granted Iles 90,909 target performance stock units, with 272,727 maximum shares
- ➤Performance award requires $12.00 average closing price for 20 consecutive trading days
- ➤Payout rises 20% per $1.00 stock-price hurdle, reaching 300% at $22.00
- ➤Dauch granted Iles 107,759 restricted stock units vesting after one year
Dauch Corporation Announces Employee Inducement Award Under NYSE Rule 303A.08 PR Newswire
DETROIT, Nov. 3, 2026 /PRNewswire/ -- Dauch Corporation ("Dauch"), (NYSE: DCH; LSE: DCH) today announced effective November 2, 2026, in connection with his appointment as Senior Vice President of Finance of Dauch, Nathan Iles was granted the following equity awards (collectively, the "Inducement Grant"): (i) an award of performance stock units covering a target of 90,909 shares of Dauch's common stock (for which up to 272,727 shares may be earned) (the "Performance Breakout Award"), and (ii) an award of time-based restricted stock units covering 107,759 shares of Dauch's common stock, which will vest upon the first anniversary of the grant date, subject to his continued employment with Dauch.
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