Dana CFO exercises RSUs, withholds shares for tax
Dana Inc. SVP & Chief Financial Officer Timothy R. Kraus reported equity award activity on February 13, 2026.
Rhea-AI Filing Summary
Dana Inc. SVP & Chief Financial Officer Timothy R. Kraus reported equity award activity on February 13, 2026. He exercised 29,954 restricted stock units and 1,734 dividend equivalent rights into common stock at an exercise price of $0.0000 per share.
To satisfy his tax obligation, 13,816 common shares were withheld at a price of $33.16 per share. After these transactions, he directly owned 184,396 shares of common stock, along with 8,354 dividend equivalent rights and 29,954 restricted stock units tied to Dana common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 1,734 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 29,954 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 29,954 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 1,734 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 | 13,816 | $33.16 | $458K |
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 Inc. (DAN) report for Timothy R. Kraus?
How many Dana Inc. (DAN) restricted stock units did Timothy R. Kraus exercise?
What are dividend equivalent rights in the Dana Inc. (DAN) Form 4 filing?
What is Timothy R. Kraus’s Dana Inc. (DAN) common stock ownership after the transactions?
When do Timothy R. Kraus’s Dana Inc. (DAN) restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.