DANA Inc (DAN) director receives 21 dividend equivalent rights as compensation

Rhea-AI Filing Summary

Nelligan Hanna Olivia reported acquisition or exercise transactions in this Form 4 filing.

DANA Inc director Hanna Olivia Nelligan reported a compensation-related award of derivative securities. She received 21 dividend equivalent rights linked to previously granted restricted stock units, each economically equal to one share of DANA common stock. Following this grant, she holds 21 dividend equivalent rights directly.

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

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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^*

Nelligan Hanna Olivia

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		21		(1)	(1)	Common Stock, par value $0.01	21	$0.0000	21	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 Hanna Olivia Nelligan	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) disclose for Hanna Olivia Nelligan?

DANA Inc disclosed that director Hanna Olivia Nelligan received 21 dividend equivalent rights as a compensation-related award. These rights are tied to previously granted restricted stock units and are each economically equivalent to one share of DANA common stock.

Are the DANA Inc (DAN) transactions by Hanna Olivia Nelligan a stock purchase or sale?

The reported activity is not a stock purchase or sale. It is a grant of 21 dividend equivalent rights, a form of compensation that mirrors dividends and relates to existing restricted stock units, rather than an open-market trade in DANA Inc shares.

How many dividend equivalent rights did the DANA Inc (DAN) director receive?

The director received 21 dividend equivalent rights. Each right is economically equivalent to one share of DANA common stock and is tied proportionately to previously granted restricted stock units, according to the footnote explanation in the disclosure.

What are dividend equivalent rights in the context of DANA Inc (DAN)?

Dividend equivalent rights are derivative awards that mirror dividends on underlying shares. For DANA Inc, they accrue on previously granted restricted stock units and become exercisable proportionately with those units, with each right equal in economic value to one share of common stock.

Does the DANA Inc (DAN) Form 4 show remaining derivative holdings for the director?

After this grant, the Form 4 shows the director holding 21 dividend equivalent rights directly. The derivative summary section does not list additional remaining derivative positions beyond this award in the provided data excerpt.

Is the DANA Inc (DAN) insider award tied to performance or existing grants?

The award is tied to existing grants. The filing states that dividend equivalent rights accrued on previously granted restricted stock units and become exercisable in proportion to those units, rather than being described as a standalone performance-based grant.