Dana Inc (DAN) CEO Bruce McDonald granted 31,155 restricted stock units as equity pay
Filing Impact
Filing Sentiment
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 compensation grant of 31,155 restricted stock units on June 29, 2026. These RSUs are derivative awards that cost him $0.00 per unit and are held as a direct ownership position.
Each restricted stock 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, and each unit carries dividend equivalent rights. The RSUs vest in full on the first anniversary of the grant date, on June 29, 2027, at which point the underlying 31,155 common shares or cash value may be delivered.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McDonald R Bruce
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 31,155 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 31,155 shares (Direct, null)
Footnotes (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. Restricted stock units granted vest in full on the first anniversary date of the grant.
Key Figures
RSUs granted: 31,155 units
Grant price: $0.00 per unit
Underlying common shares: 31,155 shares
+1 more
4 metrics
RSUs granted
31,155 units
Restricted stock units granted on June 29, 2026
Grant price
$0.00 per unit
Compensation award, not market purchase
Underlying common shares
31,155 shares
One common share or cash per unit
Vesting date
June 29, 2027
RSUs vest in full on first anniversary of grant
Key Terms
Restricted Stock Units, dividend equivalent rights, underlying security
3 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.
underlying security financial
"underlying security title: Common Stock, par value $0.01"
FAQ
What does Dana Inc (DAN) Chairman & CEO Bruce McDonald report in this Form 4?
Dana Inc Chairman & CEO R. Bruce McDonald reports a grant of 31,155 restricted stock units. These awards are part of his equity compensation and were acquired at no cost, increasing his direct derivative holdings tied to Dana common stock.
How many restricted stock units did Dana Inc (DAN) grant to Bruce McDonald?
Bruce McDonald received 31,155 restricted stock units from Dana Inc. Each unit is linked to one share of Dana common stock or, at Dana’s election, an equivalent cash value, and includes rights to dividends during the vesting period.
When do Bruce McDonald’s Dana Inc (DAN) restricted stock units vest?
The 31,155 restricted stock units granted to Bruce McDonald vest in full on the first anniversary of the grant. This means they become fully vested on June 29, 2027, at which point the underlying stock or cash value can be delivered.
What can Bruce McDonald receive from each Dana Inc (DAN) restricted stock unit?
Each restricted stock unit entitles Bruce McDonald to one share of Dana common stock or, at Dana’s choice, cash equal to the market value per share. The units also carry dividend equivalent rights until settlement at or after vesting.
Are Bruce McDonald’s Dana Inc (DAN) restricted stock units market purchases or compensation?
The reported 31,155 units are a compensation-related grant, not an open-market purchase. They were awarded at a price of $0.00 per unit as part of his role as Chairman & CEO, increasing his equity-based incentive position.