Dana CEO awarded 31,155 restricted stock units
McDonald R Bruce reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 31,155 | $0.00 | $0.00 |
Footnotes (2)
- 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.
- F2. Restricted stock units granted vest in full on the first anniversary date of the grant.
Key Figures
Key Terms
Restricted Stock Units financial
dividend equivalent rights financial
underlying security financial
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.