Form 4: Dana Inc. Executive Craig C. Price Reports Stock Transactions
SEC Form 4 Filing
Craig C. Price, SVP & President Off-Highway Drive at Dana Inc., reports transactions involving common stock and derivative securities.
Summary
- Craig C. Price, a senior executive at Dana Inc., filed a Form 4 detailing changes in his beneficial ownership of company stock.
- On February 15, 2025, Price acquired 2,649 shares of common stock through the vesting of restricted stock units and 239 shares through dividend equivalent rights.
- He also disposed of 1,137 shares to cover tax obligations at a price of $16.09 per share.
- Following these transactions, Price directly owns 26,746 shares of common stock, 980 dividend equivalent rights, and 5,379 restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard reporting of stock transactions by an executive.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with company performance.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/15/2023 | Date related to the vesting schedule of restricted stock units. |
| 02/15/2025 | Date of the reported transactions, including acquisition of shares and disposal for tax obligations. |
| 02/20/2025 | Date of the form filing. |
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