DAN Form 4 reports multiple insider transactions
Foster Byron S. reported multiple insider transaction types in a Form 4 filing for DAN.
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Rhea-AI Filing Summary
Foster Byron S. reported multiple insider transaction types in a Form 4 filing for DAN. The filing lists transactions totaling 50,947 shares at a weighted average price of $33.16 per share. Following the reported transactions, holdings were 5,987 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 1,144 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 19,770 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 19,770 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 1,144 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 | 9,119 | $33.16 | $302K |
Footnotes (4)
- F1. Represents the total number of shares of common stock withheld for the Reporting Person's tax obligation.
- F2. Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate, which have vested.
- F3. 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.
- F4. Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.
FAQ
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What insider transaction did DANA (DAN) executive Byron S. Foster report?
What are dividend equivalent rights in the DANA (DAN) Form 4 for Byron S. Foster?
How do Byron S. Foster’s restricted stock units in DANA (DAN) vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.