Dana Inc. (DAN) CFO reports performance share vesting and 33,802 new RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dana Inc. SVP & Chief Financial Officer Timothy R. Kraus reported equity compensation-related transactions dated February 6, 2026. He acquired 91,857 shares of common stock from the vesting of performance shares, while 40,849 shares were withheld to cover tax obligations at a price of $30.4 per share.
Dividend equivalent rights on previously granted performance share units were exercised for 1,375 common shares, and Kraus received a new grant of 33,802 restricted stock units under the 2021 Omnibus Incentive Plan. Each restricted stock unit represents one share of common stock or cash equal to its market value and vests in three equal annual installments beginning on the first anniversary of the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,375 shares exercised/converted
Mixed
5 txns
Insider
Kraus Timothy R
Role
SVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 1,375 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 33,802 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 | 91,857 | $30.40 | $2.79M |
| Exercise | Common Stock, par value $0.01 | 1,375 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 | 40,849 | $30.40 | $1.24M |
Holdings After Transaction:
Dividend Equivalent Rights — 10,699 shares (Direct);
Restricted Stock Units — 33,802 shares (Direct);
Common Stock, par value $0.01 — 190,388 shares (Direct)
Footnotes (1)
- Represents the acquisition of common stock resulting from the vesting of performance shares. Represents shares withheld to satisfy tax obligations upon vesting of performance shares. Dividend equivalent rights accrued on previously granted performance share units and become exercisable proportionately with the performance share units to which they relate, which have been awarded and distributed. Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan. 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. Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.
FAQ
What insider activity did Dana Inc. (DAN) report for Timothy R. Kraus?
Dana Inc. reported that SVP & CFO Timothy R. Kraus acquired common shares through vesting awards and received new restricted stock units. The filing reflects equity compensation events, including performance share vesting, tax withholding in shares, and a fresh grant of restricted stock units.
What new restricted stock units did Dana Inc. (DAN) grant to the CFO?
Dana Inc. granted 33,802 restricted stock units to the CFO under the 2021 Omnibus Incentive Plan. Each unit represents the right to receive one share of common stock or equivalent cash and includes dividend equivalents, vesting in three equal annual installments starting one year after grant.
How were dividend equivalent rights handled in this Dana (DAN) insider transaction?
Previously accrued dividend equivalent rights on performance share units were exercised into 1,375 shares of common stock. These rights track dividends on underlying performance units and become exercisable proportionately as the related performance share units are awarded and distributed.
What does the vesting schedule look like for the new Dana (DAN) restricted stock units?
The 33,802 restricted stock units granted to the CFO vest in three equal annual installments, beginning on the first anniversary of the grant date. This structure supports multi-year retention and aligns compensation with Dana’s longer-term performance and share value.