Dana Inc grants 190,694 RSUs to CEO McDonald

Dana Inc Chairman & CEO R. Bruce McDonald received a grant of 190,694 restricted stock units (RSUs).

Rhea-AI Filing Summary

Dana Inc Chairman & CEO R. Bruce McDonald received a grant of 190,694 restricted stock units (RSUs). These RSUs were awarded at no cost and each unit represents the right to receive one share of Dana common stock or, at Dana’s election, cash equal to the market value per share.

The RSUs carry dividend equivalent rights and will vest in stages, with 50% vesting on 12/31/2027 and the remaining 50% vesting on 12/31/2028, aligning the CEO’s compensation with longer‑term company performance. This Form 4 reflects a compensation-related acquisition rather than any open-market stock purchase or sale.

Insider Trade Summary

Grant/Award: 190,694 shares

Grant/Award 1 txn

Insider McDonald R Bruce

Role Chairman & CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	190,694	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 190,694 contracts (Direct)

Footnotes (2)

1. F1. Each restricted stock unit granted represents the right to receive one share of Dana common stock or, at the election of Dana, cash equal to the market value per share. Each restricted stock unit contains dividend equivalent rights.
2. F2. Restricted stock units will vest 50% on 12/31/2027 and the remaining 50% will vest on 12/31/2028.

Key Figures

RSUs granted: 190,694 units Grant price: $0.00 per unit Underlying common stock: 190,694 shares +3 more

6 metrics

RSUs granted 190,694 units Restricted stock units granted to Chairman & CEO R. Bruce McDonald

Grant price $0.00 per unit Compensation-related RSU award with no purchase price

Underlying common stock 190,694 shares Each RSU represents one share of Dana common stock or cash equivalent

First vesting tranche 50% on 12/31/2027 Half of the RSUs vest at year-end 2027

Second vesting tranche 50% on 12/31/2028 Remaining RSUs vest at year-end 2028

Total RSUs after transaction 190,694 units Total restricted stock units held by CEO after this grant

Key Terms

Restricted Stock Units, dividend equivalent rights, vest, grant, award, or other acquisition

4 terms

Restricted Stock Units financial

"Each restricted stock unit granted represents the right to receive one share of Dana common stock"

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.

dividend equivalent rights financial

"Each restricted stock unit contains dividend equivalent rights."

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.

vest financial

"Restricted stock units will vest 50% on 12/31/2027 and the remaining 50% will vest on 12/31/2028."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Dana Inc (DAN) report in this Form 4 filing?

Dana Inc reported that Chairman & CEO R. Bruce McDonald received 190,694 restricted stock units as a compensation award. The units are tied to Dana common stock or equivalent cash value and include dividend equivalent rights, reflecting long-term equity-based pay.

How many restricted stock units did Dana Inc’s CEO receive?

R. Bruce McDonald received a grant of 190,694 restricted stock units. Each unit corresponds to one share of Dana common stock or equivalent cash value, providing significant equity-based compensation that links the CEO’s potential payout to future company performance.

When do the Dana Inc CEO’s new restricted stock units vest?

The restricted stock units vest in two equal installments. Fifty percent of the 190,694 units vest on 12/31/2027, and the remaining 50% vest on 12/31/2028, creating a multi-year incentive for the CEO to focus on sustained company performance.

Do the Dana Inc CEO’s restricted stock units include dividend rights?

Yes, each restricted stock unit includes dividend equivalent rights. This means the CEO is entitled to cash or additional value linked to any dividends declared on Dana common stock during the vesting period, further aligning his compensation with shareholder returns.

Did the Dana Inc CEO buy or sell any shares in the market?

No open-market purchases or sales are shown in this filing. The Form 4 records a compensation-related acquisition of restricted stock units, not a market trade, so it does not reflect discretionary buying or selling of Dana common stock by the CEO.

How many restricted stock units does the Dana Inc CEO hold after this grant?

After this award, R. Bruce McDonald holds 190,694 restricted stock units related to Dana common stock. These units are subject to future vesting dates and represent a contingent equity position, not immediately exercisable or tradable common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/06/2026 - 04:50 PM EDT Learn about SEC filing dates

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^*

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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
Restricted Stock Units	(1)	07/01/2026		A		190,694		12/31/2027(2)	(2)	Common Stock, par value $0.01	190,694	$0.0000	190,694	D

Explanation of Responses:

1. Each restricted stock unit granted represents the right to receive one share of Dana common stock or, at the election of Dana, cash equal to the market value per share. Each restricted stock unit contains dividend equivalent rights.

2. Restricted stock units will vest 50% on 12/31/2027 and the remaining 50% will vest on 12/31/2028.

	/s/ Laura L. Aossey on behalf of R. Bruce McDonald	07/06/2026
	** 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)