DANA Inc (NYSE: DAN) VP granted 114 dividend equivalent rights in Form 4

Rhea-AI Filing Summary

Kellett James D reported acquisition or exercise transactions in this Form 4 filing.

DANA Inc vice president and chief accounting officer James D. Kellett reported a compensation-related equity transaction. He received a grant of 114 dividend equivalent rights on 2026-03-20, tied to previously awarded 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. Following this grant, Kellett holds 606 dividend equivalent rights directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kellett James D

Role VP & Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	114	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 606 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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
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^*

Kellett James D

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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

X	Form 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)
			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)	03/20/2026		A		114		(1)	(1)	Common Stock, par value $0.01	114	$0.0000	606	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	03/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DANA Inc (DAN) report for James D. Kellett?

DANA Inc reported that James D. Kellett received 114 dividend equivalent rights as a compensation-related grant. These rights are tied to previously granted restricted stock units and increase his total holdings of such rights to 606, all held directly.

Is the James D. Kellett Form 4 transaction at DANA Inc a stock purchase or sale?

The Form 4 for James D. Kellett does not show a stock purchase or sale. It reports an acquisition coded as a grant of dividend equivalent rights, reflecting equity-based compensation rather than an open-market buy or sell transaction.

What are dividend equivalent rights in the DANA Inc (DAN) Form 4 filing?

Dividend equivalent rights in this filing accrue on previously granted restricted stock units. According to the disclosure, each right 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 does James D. Kellett hold after this DANA Inc transaction?

After the reported transaction, James D. Kellett holds 606 dividend equivalent rights. This total reflects the new grant of 114 rights on March 20, 2026, added to his prior balance, all reported as directly owned derivative securities.

What does transaction code "A" mean in the DANA Inc Form 4 for James D. Kellett?

Transaction code “A” in this context indicates a grant, award, or other acquisition of a derivative security. For James D. Kellett, it represents a compensation-related award of 114 dividend equivalent rights rather than an open-market trade in DANA Inc common stock.

Does the DANA Inc (DAN) Form 4 mention any Rule 10b5-1 trading plan for this transaction?

The Form 4 excerpt describing James D. Kellett’s 114 dividend equivalent right grant does not reference any Rule 10b5-1 trading plan. The transaction is characterized as a grant or award tied to existing restricted stock units, not as a scheduled trading plan sale or purchase.