Dana Inc (DAN) director adds 45 dividend-equivalent rights, now holds 227 derivatives

Rhea-AI Filing Summary

Dana Inc. director reports dividend-equivalent rights grant

A Dana Inc. (ticker DAN) director filed a Form 4 reporting an automatic accrual of dividend equivalent rights on previously granted restricted stock units as of 11/28/2025. The filing shows the acquisition of 45 dividend equivalent rights with an exercise price of $0.0000, each economically equivalent to one share of Dana common stock. After this transaction, the director beneficially owns 227 derivative securities linked to Dana common stock on a direct basis. These dividend equivalent rights become exercisable proportionately with the underlying restricted stock units.

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

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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^*

WANDELL KEITH E

(Last) (First) (Middle)

3939 TECHNOLOGY DRIVE

(Street)

MAUMEE OH 43537

(City) (State) (Zip)

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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	11/28/2025		A		45		(1)	(1)	Common Stock, par value $0.01	45	$0.0000	227	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 Keith E. Wandell	12/02/2025
	** 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.
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FAQ

What insider transaction did Dana Inc (DAN) report in this Form 4?

The Form 4 reports that a Dana Inc director acquired 45 dividend equivalent rights on 11/28/2025 tied to previously granted restricted stock units.

What are the dividend equivalent rights reported for Dana Inc (DAN)?

The filing explains that the dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with those units. Each right is the economic equivalent of one share of Dana common stock.

What was the exercise price of the derivative securities reported for Dana Inc (DAN)?

The reported derivative securities, described as dividend equivalent rights, have an exercise price of $0.0000 per right.

How many derivative securities does the Dana Inc (DAN) director own after this transaction?

After acquiring the 45 dividend equivalent rights, the director beneficially owns 227 derivative securities linked to Dana common stock, held directly.

What is the relationship of the reporting person to Dana Inc (DAN)?

The reporting person is identified as a Director of Dana Inc, as indicated in the relationship section of the Form 4.

Does this Dana Inc (DAN) Form 4 involve non-derivative securities?

The excerpted Form 4 only shows activity in Table II for derivative securities (dividend equivalent rights); no non-derivative transactions are listed in the provided content.