DANA Inc (DAN) CEO awarded 701 dividend equivalent rights tied to RSUs

Rhea-AI Filing Summary

DANA Inc Chairman and CEO R. Bruce McDonald reported a compensation-related equity grant on a Form 4. He acquired 701 dividend equivalent rights on March 20, 2026, each tied to previously granted restricted stock units and economically equivalent to one share of Dana common stock.

These dividend equivalent rights become exercisable proportionately with the underlying restricted stock units, and following this grant he holds 701 such rights directly. This is a non-cash award and does not reflect an open-market stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McDonald R Bruce

Role Chairman & CEO

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	701	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 701 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Rights	(1)	03/20/2026		A		701		(1)	(1)	Common Stock, par value $0.01	701	$0.0000	701	D

Explanation of Responses:

1. Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of Dana common stock.

	/s/ Laura L. Aossey on behalf of R. Bruce McDonald	03/24/2026
	** Signature of Reporting Person	Date
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 acquired 701 dividend equivalent rights on March 20, 2026. The award is compensation-related, tied to existing restricted stock units, rather than an open-market stock purchase or sale.

How many dividend equivalent rights did the DANA Inc CEO receive?

The CEO received 701 dividend equivalent rights in this Form 4 filing. Each right is economically equivalent to one share of Dana common stock and is linked to previously granted restricted stock units that vest over time.

What are dividend equivalent rights in the context of DANA Inc (DAN)?

For DANA Inc, dividend equivalent rights are awards that accrue on previously granted restricted stock units. Each right is the economic equivalent of one share of Dana common stock and becomes exercisable proportionately as the related restricted stock units vest.

Is the DANA Inc Form 4 transaction a market buy or sell of shares?

No, the DANA Inc Form 4 transaction is not a market buy or sell. It reports a grant of 701 dividend equivalent rights as part of executive compensation, rather than an open-market transaction involving the company’s common stock.

How do the DANA Inc dividend equivalent rights vest for the CEO?

The dividend equivalent rights vest proportionately with the underlying restricted stock units. As each portion of the CEO’s previously granted restricted stock units becomes exercisable, the corresponding dividend equivalent rights linked to those units also become exercisable.

What is the economic value relationship between DANA Inc dividend equivalent rights and common stock?

Each dividend equivalent right is described as the economic equivalent of one share of Dana common stock. This means the rights are designed to mirror the value of a share, aligned with the restricted stock units to which they relate.