Dana Inc (DAN) VP & Chief Accounting Officer granted 160 dividend equivalent rights

Rhea-AI Filing Summary

Dana Inc. insider reports dividend-equivalent grant

Dana Inc. executive officer James D. Kellett, Vice President and Chief Accounting Officer, reported a routine equity-related transaction. On 11/28/2025, he acquired 160 dividend equivalent rights tied to previously granted restricted stock units. Each dividend equivalent right is the economic equivalent of one share of Dana common stock and becomes exercisable proportionately with the related restricted stock units.

Following this transaction, Kellett beneficially owned 956 derivative securities in the form of these dividend equivalent rights, held directly. This filing reflects compensation-related accruals rather than an open-market purchase or sale of Dana common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kellett James D

(Last) (First) (Middle)

3939 TECHNOLOGY DRIVE

(Street)

MAUMEE OH 43537

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DANA Inc [ DAN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP & Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Rights	(1)	11/28/2025		A		160		(1)	(1)	Common Stock, par value $0.01	160	$0.0000	956	D

Explanation of Responses:

1. 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.

	/s/ Laura L. Aossey on behalf of James D. Kellett	12/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Dana Inc (DAN) report in this Form 4?

The filing shows that James D. Kellett, Dana Inc.'s Vice President and Chief Accounting Officer, acquired 160 dividend equivalent rights on 11/28/2025 related to previously granted restricted stock units.

What are the dividend equivalent rights reported for Dana Inc (DAN)?

The filing explains that dividend equivalent rights accrued on previously granted restricted stock units. Each right is the economic equivalent of one share of Dana common stock and becomes exercisable proportionately with the related restricted stock units.

How many derivative securities does the Dana Inc (DAN) officer own after this transaction?

After the reported transaction, James D. Kellett beneficially owned 956 derivative securities in the form of dividend equivalent rights, held in direct ownership.

Was this a market purchase or sale of Dana Inc (DAN) common stock?

No. The reported transaction involves dividend equivalent rights tied to existing restricted stock units, not a market purchase or sale of Dana common stock.

What is the officer’s role at Dana Inc (DAN) mentioned in the Form 4?

The reporting person, James D. Kellett, is identified as an officer of Dana Inc, serving as Vice President & Chief Accounting Officer.

What was the reported price for the Dana Inc (DAN) dividend equivalent rights?

The derivative securities are shown with a price of $0.0000, reflecting that these dividend equivalent rights accrued as part of equity compensation rather than being purchased for cash.