Dana CFO reports equity awards and share withholding
Dana Inc. SVP & Chief Financial Officer Timothy R. Kraus reported equity compensation-related transactions dated February 6, 2026.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 1,375 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 33,802 | $0.00 | $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 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 | 40,849 | $30.40 | $1.24M |
Footnotes (6)
- F1. Represents the acquisition of common stock resulting from the vesting of performance shares.
- F2. Represents shares withheld to satisfy tax obligations upon vesting of performance shares.
- F3. 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.
- F4. Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan.
- F5. 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.
- F6. 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 activity did Dana Inc. (DAN) report for Timothy R. Kraus?
What new restricted stock units did Dana Inc. (DAN) grant to the CFO?
How were dividend equivalent rights handled in this Dana (DAN) insider transaction?
What does the vesting schedule look like for the new Dana (DAN) restricted stock units?
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