Form 4: Dana Inc. Executive Craig C. Price Reports Stock Transactions
SEC Filing
Craig C. Price, SVP & President Off-Highway Drive at Dana Inc., reports transactions involving common stock and derivative securities.
Summary
- On February 13, 2025, Craig C. Price exercised dividend equivalent rights for 215 shares and 6,301 restricted stock units, and 2,639 shares were withheld for tax obligations.
- On February 14, 2025, Price exercised dividend equivalent rights for 236 shares and 3,805 restricted stock units, and 1,591 shares were withheld for tax obligations.
- Following these transactions, Price directly owns 24,995 shares of common stock as of February 14, 2025.
- Price also holds 1,219 and 1,455 dividend equivalent rights, and 7,724 and 12,231 restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports required transactions without indicating any positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Comparison to Industry Standards
- Form 4 filings are standard practice across all publicly listed companies in the US and are required by the SEC.
- The information provided in this filing is consistent with the level of detail expected in such reports.
- Comparable companies would have similar filings for their executives.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect the execution of existing compensation plans and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Exercise of dividend equivalent rights for 215 shares and 6,301 restricted stock units; 2,639 shares withheld for tax obligations. |
| 02/14/2025 | Exercise of dividend equivalent rights for 236 shares and 3,805 restricted stock units; 1,591 shares withheld for tax obligations. |
| 02/18/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Craig C. Price, DANA INC, DAN, Stock Transactions, Restricted Stock Units, Dividend Equivalent Rights, Insider Trading
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