Dana executive exercises RSUs, pays taxes in stock
Dana Inc executive Brian Keith Pour, SVP & Pres Comm Veh Drive, exercised derivative awards into a total of 20,358 shares of common stock on July 22, 2026, consisting of 19,400 shares from restricted stock units and 958 shares from dividend equivalent rights.
Rhea-AI Filing Summary
Dana Inc executive Brian Keith Pour, SVP & Pres Comm Veh Drive, exercised derivative awards into a total of 20,358 shares of common stock on July 22, 2026, consisting of 19,400 shares from restricted stock units and 958 shares from dividend equivalent rights. To satisfy tax obligations, 8,877 shares were withheld at $27.43 per share. Following these transactions, he held 4,270 dividend equivalent rights and 19,400 restricted stock units directly.
Positive
- None.
Negative
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Insider Trade Summary
20,358 shares exercised/converted
Exercise
5 txns
Insider
Pour Brian Keith
Role
SVP & Pres Comm Veh Drive
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights F2 | 958 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F4 | 19,400 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 19,400 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 958 | $0.00 | $0.00 |
| Tax Withholding | Common Stock, par value $0.01 F1 | 8,877 | $27.43 | $243K |
Holdings After Transaction:
Dividend Equivalent Rights — 4,270 contracts (Direct);
Restricted Stock Units — 19,400 contracts (Direct);
Common Stock, par value $0.01 — 31,080 shares (Direct)
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.
Key Figures
Common shares from RSUs: 19,400 shares
Common shares from dividend equivalents: 958 shares
Shares withheld for taxes: 8,877 shares
+3 more
6 metrics
Common shares from RSUs
19,400 shares
Shares of common stock received upon RSU conversion on July 22, 2026
Common shares from dividend equivalents
958 shares
Shares of common stock received from exercising dividend equivalent rights on July 22, 2026
Shares withheld for taxes
8,877 shares
Common shares withheld to satisfy tax obligation at $27.43 per share
Tax withholding price
$27.43 per share
Per-share price used to calculate tax-withholding disposition on July 22, 2026
Dividend equivalent rights holding
4,270 rights
Dividend equivalent rights held directly after July 22, 2026 transaction
Restricted stock units holding
19,400 units
Restricted stock units held directly after July 22, 2026 transaction
Key Terms
Dividend Equivalent Rights, Restricted Stock Units, tax obligation, par value
4 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
"Each restricted stock unit granted represents the right to receive one share"
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.
tax obligation financial
"shares of common stock withheld for the Reporting Person's tax obligation"
par value financial
"Common Stock, par value $0.01"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Dana Inc (DAN) report for Brian Keith Pour?
Dana Inc reported that SVP Brian Keith Pour converted 19,400 restricted stock units and 958 dividend equivalent rights into common stock. In connection with these exercises, 8,877 shares were withheld at $27.43 per share to cover his tax obligation.
What restricted stock unit activity did Dana Inc (DAN) disclose?
Brian Keith Pour converted 19,400 restricted stock units into an equal number of Dana common shares. Footnotes explain each restricted stock unit equals one share or cash at Dana’s election and vests in three equal annual installments starting on the grant’s first anniversary.
What are dividend equivalent rights in the Dana Inc (DAN) Form 4?
Dividend equivalent rights accrue on previously granted restricted stock units and become exercisable proportionately as related units vest. Pour exercised 958 such rights into common stock and, after this, held 4,270 dividend equivalent rights directly, according to the reported post-transaction balance.
Did the Dana Inc (DAN) Form 4 show open-market trades by Brian Keith Pour?
The reported transactions use codes M and F, covering derivative exercises and tax withholding, not open-market buying or selling. The code F transaction is described as payment of tax liability by delivering or withholding securities, rather than a market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
