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Dana Inc (DAN) CEO Bruce McDonald granted 31,155 restricted stock units as equity pay

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/29/2026A31,15506/29/2027(2) (2)Common Stock, par value $0.0131,155$0.000031,155D
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 granted vest in full on the first anniversary date of the grant.
/s/ Laura L. Aossey on behalf of R. Bruce McDonald06/30/2026
** Signature of Reporting PersonDate
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 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.