DANA Inc (DAN) SVP granted 304 dividend equivalent rights tied to RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DANA Inc senior executive Brian Keith Pour received a routine compensation-related award. He acquired 304 dividend equivalent rights tied to previously granted restricted stock units, each economically equal to one share of DANA common stock. Following this grant, he directly holds 5,228 dividend equivalent rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pour Brian Keith
Role
SVP & Pres Comm Veh Drive
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 304 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 5,228 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent rights granted: 304 rights
Total rights after transaction: 5,228 rights
Transaction price per right: $0.0000
+1 more
4 metrics
Dividend equivalent rights granted
304 rights
Grant on 2026-05-29 to Brian Keith Pour
Total rights after transaction
5,228 rights
Dividend equivalent rights held directly after grant
Transaction price per right
$0.0000
Grant/award acquisition, compensation-related
Underlying common stock equivalence
304 shares
Each right equals one share of DANA common stock
Key Terms
Dividend equivalent rights, restricted stock units, economic equivalent
3 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
"accrued on previously granted restricted stock units and become exercisable proportionately"
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.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share of Dana common stock"
FAQ
What insider transaction did DANA Inc (DAN) report for Brian Keith Pour?
DANA Inc reported that executive Brian Keith Pour received 304 dividend equivalent rights as a compensation-related award. These rights are linked to existing restricted stock units and mirror the value of DANA common stock on a one-for-one economic basis.
How many dividend equivalent rights does Brian Keith Pour hold after this Form 4?
After the reported transaction, Brian Keith Pour holds a total of 5,228 dividend equivalent rights directly. This figure includes the 304 rights granted on May 29, 2026, and reflects his full position in this specific derivative instrument.
What are dividend equivalent rights in the context of DANA Inc (DAN)?
Dividend equivalent rights are derivatives that accrue on previously granted restricted stock units and track dividends on DANA common stock. Each right is the economic equivalent of one share, becoming exercisable proportionately with the related restricted stock units over time.
Was the DANA Inc (DAN) insider transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. It was a grant or award acquisition of 304 dividend equivalent rights, provided at a price of $0.00 per right as part of compensation, rather than a discretionary market trade.