Form 4: Dana Inc. Executive Liedberg Reports Stock Transactions

Douglas H. Liedberg, SVP, General Counsel and Secretary of Dana Inc., reports transactions involving common stock and derivative securities.

Summary

• Douglas H. Liedberg, a senior executive at Dana Inc., filed a Form 4 detailing changes in beneficial ownership of company stock.
• On February 15, 2025, Liedberg acquired 8,426 shares of common stock through the vesting of restricted stock units and 758 shares through dividend equivalent rights, both at a price of $0.00.
• Also on February 15, 2025, 4,074 shares were disposed of to cover tax obligations at a price of $16.09 per share.
• Following these transactions, Liedberg directly owns 141,781 shares of Dana Inc. common stock.
• Liedberg also holds 1,833 dividend equivalent rights and no restricted stock units after the transactions.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard reporting of stock transactions.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by SEC regulations. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they represent a small percentage of the total outstanding shares.

Key Dates