Dana executive granted 275 dividend rights
SVP Brian Keith Pour’s Aug. 28 award adds 275 dividend equivalent rights, bringing his total to 4,545, with no cash exercise price or 10b5-1 plan cited.
Rhea-AI Filing Summary
DANA Inc (DAN) reported that executive Brian Keith Pour, SVP & President Commercial Vehicle Drive, received an award of 275 Dividend Equivalent Rights on August 28, 2026. These rights are tied to previously granted restricted stock units and are economically equivalent to Dana common shares, bringing his directly held dividend equivalent rights to 4,545. The grant carried no cash exercise price and no Rule 10b5-1 trading plan was affirmed for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 275 shares
Grant/Award
1 txn
Insider
Pour Brian Keith
Role
SVP & Pres Comm Veh Drive
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 275 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 4,545 contracts (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Dividend Equivalent Rights granted: 275 rights
Dividend Equivalent Rights held after transaction: 4,545 rights
Transaction price per right: $0.00 per right
+1 more
4 metrics
Dividend Equivalent Rights granted
275 rights
Grant to Brian Keith Pour on August 28, 2026
Dividend Equivalent Rights held after transaction
4,545 rights
Direct holdings of Brian Keith Pour after grant
Transaction price per right
$0.00 per right
Stated price for the August 28, 2026 award
Underlying security shares per right
1 share equivalent per right
Each dividend equivalent right equals one share of Dana common stock economically
Key Terms
Dividend equivalent rights, restricted stock units, economic equivalent
3 terms
Dividend equivalent rights financial
"Dividend equivalent rights accrued on previously granted restricted stock units"
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.
restricted stock units financial
"accrued on previously granted restricted stock units and become exercisable"
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.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share"
FAQ
What insider transaction did DANA Inc (DAN) report for Brian Keith Pour?
DANA Inc reported that Brian Keith Pour received a grant of 275 Dividend Equivalent Rights on August 28, 2026, increasing his directly held dividend equivalent rights to 4,545. The award relates to previously granted restricted stock units and carried a stated price of $0.00 per right.
What are the Dividend Equivalent Rights reported in the DAN Form 4?
The filing states that the Dividend Equivalent Rights accrued on previously granted restricted stock units and become exercisable proportionately with those units. Each dividend equivalent right is described as the economic equivalent of one share of Dana common stock.
Did DANA Inc (DAN) indicate a Rule 10b5-1 trading plan for this Form 4 transaction?
No. The document-level Rule 10b5-1 checkbox is unchecked, and there is no footnote stating that the August 28, 2026 award of 275 Dividend Equivalent Rights was made under a Rule 10b5-1 trading plan.
What is Brian Keith Pour’s resulting position in Dana dividend equivalent rights after this transaction?
After the August 28, 2026 grant, Brian Keith Pour holds 4,545 Dividend Equivalent Rights directly, as reported in the Form 4’s post-transaction holdings field for this derivative security.
What underlying security is linked to the Dividend Equivalent Rights in the DAN filing?
The Dividend Equivalent Rights are linked to Common Stock, par value $0.01 of DANA Inc. Each right is described as the economic equivalent of one share of Dana common stock and becomes exercisable with the related restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.