Kellett James D 4
4 · DANA Inc · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
DANA VP & CAO James D. Kellett Receives RSU Award
What Happened
James D. Kellett, Vice President and Chief Accounting Officer of DANA Inc. (DAN), was granted 2,840 restricted stock units (RSUs) on 2026-02-06. The Form 4 reports the acquisition price as $0.00 because this was an award/grant (derivative securities), not an open-market purchase. The award was granted under the Dana Incorporated 2021 Omnibus Incentive Plan.
Key Details
- Transaction date: 2026-02-06; filing date: 2026-02-10 (filed within the required two business days).
- Grant: 2,840 RSUs; reported price: $0.00 (award).
- Footnotes: RSUs represent the right to one share (or, at Dana’s election, cash equal to market value) and include dividend equivalent rights (F1–F2). RSUs vest in three equal annual installments beginning on the first anniversary of the grant (F3).
- Shares owned after transaction: not specified in the provided filing details.
Context
This was a compensation award (grant of RSUs), which vests over time and does not represent an immediate market purchase or sale. RSU grants are common executive compensation and should be viewed as part of pay and retention programs rather than a direct insider market signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-02-06+2,840→ 2,840 totalFrom: 2027-02-06→ Common Stock, par value $0.01 (2,840 underlying)
Footnotes (3)
- [F1]Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan.
- [F2]Each restricted stock unit granted represents the right to receive one share of Dana common stock or, at the election of Dana, cash equal to the market value per share. Each restricted stock unit contains dividend equivalent rights.
- [F3]Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.