Dana (DAN) CEO Form 4: RSU vesting and 540,598 shares withheld
Dana Inc. Chairman and CEO R. Bruce McDonald reported equity transactions in company stock.
Rhea-AI Filing Summary
Dana Inc. Chairman and CEO R. Bruce McDonald reported equity transactions in company stock. On 11/25/2025, restricted stock units vested and converted into 1,217,798 shares of common stock at an exercise price of $0.0000, increasing his direct holdings to 1,292,577 shares. Dividend equivalent rights tied to earlier awards also converted into an additional 22,105 shares, again at $0.0000, bringing his direct ownership to 1,314,682 shares.
To cover tax obligations from these vestings, 540,598 shares were withheld at a price of $21.91 per share, leaving McDonald with 774,084 shares of Dana common stock held directly after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 22,105 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,217,798 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 1,217,798 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 22,105 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 | 540,598 | $21.91 | $11.84M |
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 full on the first anniversary date of the grant.
FAQ
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