STOCK TITAN

Dana (NYSE: DAN) CEO awarded 22,808 restricted stock units in new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

McDonald R Bruce reported acquisition or exercise transactions in this Form 4 filing.

DANA Inc reported that Chairman and CEO R. Bruce McDonald received a grant of 22,808 restricted stock units. Each unit represents one share of Dana common stock or, at Dana’s election, cash equal to the share’s market value and includes dividend equivalent rights. The units vest in full on the first anniversary of the May 28, 2026 grant.

Positive

  • None.

Negative

  • None.
Insider McDonald R Bruce
Role Chairman & CEO
Type Security Shares Price Value
Grant/Award Restricted Stock Units 22,808 $0.00 --
Holdings After Transaction: Restricted Stock Units — 22,808 shares (Direct, null)
Footnotes (1)
  1. 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. Restricted stock units granted vest in full on the first anniversary date of the grant.
RSUs granted 22,808 units Restricted Stock Units granted on May 28, 2026
Exercise price $0.00 per unit Conversion or exercise price for RSUs
Underlying shares 22,808 shares Common stock underlying the RSUs
Holdings after grant 22,808 RSUs Total restricted stock units following transaction
Vesting schedule 1-year cliff vest RSUs vest in full on first anniversary of grant
Restricted Stock Units financial
"Each restricted stock unit granted represents the right to receive one share of Dana common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Each restricted stock unit contains dividend equivalent rights"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
underlying security financial
"underlying_security_title: Common Stock, par value $0.01"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McDonald R Bruce

(Last)(First)(Middle)
3939 TECHNOLOGY DRIVE

(Street)
MAUMEE OHIO 43537

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DANA Inc [ DAN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/28/2026A22,80805/28/2027(2) (2)Common Stock, par value $0.0122,808$0.000022,808D
Explanation of Responses:
1. 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.
2. Restricted stock units granted vest in full on the first anniversary date of the grant.
/s/ Laura L. Aossey on behalf of R. Bruce McDonald05/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DANA Inc (DAN) report for R. Bruce McDonald?

DANA Inc reported that Chairman and CEO R. Bruce McDonald received a grant of 22,808 restricted stock units. These units are a form of equity-based compensation tied to Dana common stock, intended to align executive interests with shareholders.

How many restricted stock units were granted to the DANA Inc (DAN) CEO?

R. Bruce McDonald was granted 22,808 restricted stock units. Each unit is linked to one share of Dana common stock or, at Dana’s election, cash equal to the market value per share, and includes dividend equivalent rights for the holder.

When do the restricted stock units granted by DANA Inc (DAN) vest?

The restricted stock units granted to R. Bruce McDonald vest in full on the first anniversary of the grant date. This means the entire 22,808-unit award becomes fully earned one year after the May 28, 2026 grant, assuming applicable conditions are satisfied.

What does each DANA Inc (DAN) restricted stock unit entitle the holder to receive?

Each restricted stock unit entitles the holder to receive one share of Dana common stock or, at Dana’s election, cash equal to the share’s market value. The units also carry dividend equivalent rights, providing value similar to regular dividends during the vesting period.

How many DANA Inc (DAN) restricted stock units does the CEO hold after this grant?

After this grant, R. Bruce McDonald is reported to hold 22,808 restricted stock units directly. These units are tied to Dana common stock and will vest in full on the first anniversary of the grant, subject to the award’s terms and conditions.