DANA Inc VP & Chief Accounting Officer Kellett James D sells 7000 shares.

DANA Inc. announced that Kellett James D, Vice President and Chief Accounting Officer, sold 28 shares at $18.79 on August 13, 2025. Subsequently, he sold 100 shares at $18.76, 100 shares at $18.76, 100 shares at $18.75, 100 shares at $18.68, 200 shares at $18.77, 200 shares at $18.72, 200 shares at $18.71, 200 shares at $18.7, 200 shares at $18.59, 300 shares at $18.69, 300 shares at $18.67, 300 shares at $18.66, 300 shares at $18.64, 300 shares at $18.54, 400 shares at $18.57, 400 shares at $18.56, 500 shares at $18.76, 500 shares at $18.58, 600 shares at $18.68, 600 shares at $18.61, 700 shares at $18.66, 700 shares at $18.65, 700 shares at $18.57, 800 shares at $18.75, 900 shares at $18.7, and 1000 shares at $18.6 and $18.58 on August 13, 2025.

Dana Inc. (DAN) has announced that James D. Kellett, Vice President and Chief Accounting Officer, sold a substantial number of shares on August 13, 2025. The transactions involved multiple sales of Dana common stock at various prices, totaling a significant amount.

According to the Form 4 filing [1], Kellett sold 28 shares at $18.79, followed by several more sales:
- 100 shares at $18.76
- 100 shares at $18.76
- 100 shares at $18.75
- 100 shares at $18.68
- 200 shares at $18.77
- 200 shares at $18.72
- 200 shares at $18.71
- 200 shares at $18.7
- 200 shares at $18.59
- 300 shares at $18.69
- 300 shares at $18.67
- 300 shares at $18.66
- 300 shares at $18.64
- 300 shares at $18.54
- 400 shares at $18.57
- 400 shares at $18.56
- 500 shares at $18.76
- 500 shares at $18.58
- 600 shares at $18.68
- 600 shares at $18.61
- 700 shares at $18.66
- 700 shares at $18.65
- 700 shares at $18.57
- 800 shares at $18.75
- 900 shares at $18.7
- 1000 shares at $18.6
- 1000 shares at $18.58

The total number of shares sold by Kellett on August 13, 2025, is 10,000 shares, with the last reported beneficial ownership being 0 shares after the final transaction.

These sales occurred after Kellett was granted 18,192 restricted stock units (RSUs) under the Dana 2021 Omnibus Incentive Plan on July 23, 2025. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant, providing flexibility in settlement. The filing shows an 18,192-RSU grant under the 2021 Omnibus Incentive Plan with dividend equivalents and a three-year vesting schedule starting on the first anniversary [1].

For governance review, the key facts are the size of the award, the standard multi-year vesting, and that the insider executed dispositions that fully liquidated their reported holdings. The filing does not identify any other material events.

References:
[1] https://www.stocktitan.net/sec-filings/DAN/form-4-dana-incorporated-insider-trading-activity-1f78318a3fea.html