Kellett James D 4

What Happened James D. Kellett, Vice President and Chief Accounting Officer of DANA Inc. (DAN), was granted/acquired 114 derivative shares on 2026-03-20. The Form 4 shows these as an award/derivative transaction (code A) at $0.00 per share (reported value $0). This was not a market purchase or sale but an accrual/award tied to previously granted restricted stock units.

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-24.
• Transaction type/code: Award/Grant (A); derivative shares (dividend-equivalent rights).
• Shares acquired: 114; price reported: $0.00; reported value: $0.
• Shares owned after transaction: Not specified in the supplied filing.
• Footnote (F1): Dividend-equivalent rights accrued on previously granted RSUs and become exercisable proportionately with those RSUs; each dividend-equivalent right is economically equivalent to one share of Dana common stock.
• Timeliness: Filing date matches the Form 4 filing provided (no late filing indicated).

Context This transaction reflects an award/vesting-related accrual (dividend equivalents on RSUs) rather than an open-market buy or sale. Such awards are common as part of compensation and do not necessarily indicate the insider’s view on the stock. For retail investors, purchase transactions tend to be more informative about insider sentiment than awards or transfers.