STOCK TITAN

DANA Inc (DAN) CEO awarded 625 dividend equivalent rights tied to RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

McDonald R Bruce reported acquisition or exercise transactions in this Form 4 filing.

DANA Inc Chairman & CEO R. Bruce McDonald received a grant of 625 Dividend Equivalent Rights. These rights are tied to previously granted restricted stock units and are the economic equivalent of 625 shares of Dana common stock. Following this compensation-related award, his directly held Dividend Equivalent Rights total 1,326. The rights become exercisable in step with the underlying restricted stock units, so this reflects routine equity-based compensation rather than an open-market transaction.

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Insider McDonald R Bruce
Role Chairman & CEO
Type Security Shares Price Value
Grant/Award Dividend Equivalent Rights 625 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights — 1,326 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Dividend Equivalent Rights granted 625 rights Grant to Chairman & CEO on 2026-05-29
Dividend Equivalent Rights after grant 1,326 rights Total directly held following transaction
Underlying common stock equivalent 625 shares Each right equals one share of Dana common stock
Transaction price per right $0.0000 Compensation grant, not a market purchase
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.
Dana common stock financial
"Each dividend equivalent right is the economic equivalent of one share of Dana common stock"
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SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
McDonald R Bruce

(Last)(First)(Middle)
3939 TECHNOLOGY DRIVE

(Street)
MAUMEE OHIO 43537

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DANA Inc [ DAN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Rights(1)05/29/2026A625 (1) (1)Common Stock, par value $0.01625$0.00001,326D
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 R. Bruce McDonald06/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did DANA Inc (DAN) report in this Form 4 filing for R. Bruce McDonald?

DANA Inc reported that Chairman & CEO R. Bruce McDonald received 625 Dividend Equivalent Rights as a grant. These awards relate to previously granted restricted stock units and increase his total Dividend Equivalent Rights holdings to 1,326, representing additional equity-based compensation rather than a market purchase.

What are Dividend Equivalent Rights in the DANA Inc (DAN) Form 4 filing?

Dividend Equivalent Rights are awards that accrue on previously granted restricted stock units and mirror dividends on common shares. Each right in this filing is the economic equivalent of one share of Dana common stock and becomes exercisable proportionately with the related restricted stock units over time.

How many Dividend Equivalent Rights were granted to the DANA Inc (DAN) CEO?

R. Bruce McDonald received a grant of 625 Dividend Equivalent Rights in this transaction. According to the filing, each right corresponds economically to one share of Dana common stock, bringing his total directly held Dividend Equivalent Rights position to 1,326 after the grant.

Does the DANA Inc (DAN) Form 4 show any insider share sales or open-market buys?

The Form 4 does not show any open-market purchases or sales by the CEO. It records an acquisition coded as a grant of 625 Dividend Equivalent Rights, a compensation-related award tied to restricted stock units rather than a discretionary market trade in Dana common stock.

How do the granted Dividend Equivalent Rights relate to DANA Inc (DAN) restricted stock units?

The Dividend Equivalent Rights accrue on previously granted restricted stock units and follow their vesting. The filing states they become exercisable proportionately with the underlying restricted stock units, so their economic benefit tracks the same schedule as those equity awards for DANA Inc’s CEO.