DANA Inc (NYSE: DAN) SVP granted 239 dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liedberg Douglas H reported acquisition or exercise transactions in this Form 4 filing.
DANA Inc senior vice president and general counsel Douglas H. Liedberg received a grant of 239 dividend equivalent rights tied to existing restricted stock units. Each right is economically equal to one share of Dana common stock, bringing his total dividend equivalent rights holdings to 3,886.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Liedberg Douglas H
Role
SVP, General Counsel and Secty
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 239 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 3,886 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did DANA Inc (DAN) report for Douglas H. Liedberg?
DANA Inc reported that Douglas H. Liedberg received 239 dividend equivalent rights on March 20, 2026. These rights are tied to previously granted restricted stock units and increase his total dividend equivalent rights position to 3,886, with no open-market share purchases or sales disclosed.
What are the dividend equivalent rights granted to the DANA (DAN) executive?
The dividend equivalent rights granted to the DANA executive mirror dividends on 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, effectively tracking dividend value without immediate cash or stock changing hands.
How many dividend equivalent rights does the DANA (DAN) insider hold after this Form 4?
After this Form 4 transaction, the DANA insider holds 3,886 dividend equivalent rights. The March 20, 2026 award added 239 new rights to his existing balance, all linked to previously granted restricted stock units rather than new open-market share acquisitions or disposals.
How does the DANA (DAN) dividend equivalent rights grant affect the insider’s position?
The grant modestly increases the insider’s derivative-based exposure to DANA by 239 dividend equivalent rights. These rights reflect future dividend value on restricted stock units and raise his total rights to 3,886, adding to long-term incentive compensation rather than signaling an active trading decision in the market.