DANA Inc (DAN) director awarded 18 dividend equivalent rights tied to RSUs

Rhea-AI Filing Summary

DANA Inc director Hanna Olivia Nelligan reported an acquisition of derivative compensation tied to company stock. On May 29, 2026, she received 18 dividend equivalent rights, each economically equal to one share of Dana common stock, related to previously granted restricted stock units. Following this grant, she directly holds 39 dividend equivalent rights in total, which will become exercisable in step with the underlying restricted stock units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nelligan Hanna Olivia

Role null

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	18	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 39 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Dividend equivalent rights granted: 18 rights Total dividend equivalent rights after grant: 39 rights Underlying common stock equivalence: 1 share per right +1 more

4 metrics

Dividend equivalent rights granted 18 rights Grant on May 29, 2026

Total dividend equivalent rights after grant 39 rights Holdings following reported transaction

Underlying common stock equivalence 1 share per right Each dividend equivalent right equals one Dana common share

Transaction price per right $0.0000 Compensation grant, not open-market purchase

Key Terms

Dividend Equivalent Rights, restricted stock units, economic equivalent

3 terms

Dividend Equivalent Rights financial

"Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately"

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.

restricted stock units financial

"Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately"

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.

economic equivalent financial

"Each dividend equivalent right is the economic equivalent of one share of Dana common stock"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Nelligan Hanna Olivia

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

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
Dividend Equivalent Rights	(1)	05/29/2026		A		18		(1)	(1)	Common Stock, par value $0.01	18	$0.0000	39	D

Explanation of Responses:

1. Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of Dana common stock.

	/s/ Laura L. Aossey on behalf of Hanna Olivia Nelligan	06/02/2026
	** 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)

FAQ

What did DANA Inc (DAN) director Hanna Olivia Nelligan report in this Form 4?

She reported receiving 18 dividend equivalent rights as compensation. These rights are tied to previously granted restricted stock units and are economically equal to Dana common shares, increasing her total dividend equivalent rights holdings to 39.

How many dividend equivalent rights did the DANA Inc (DAN) director receive?

She received 18 dividend equivalent rights on May 29, 2026. Each right represents the economic equivalent of one Dana common share and accrues on previously granted restricted stock units under the company’s equity compensation arrangements.

What is the total holding after this transaction for the DANA Inc (DAN) director?

After this grant, she holds a total of 39 dividend equivalent rights. These will become exercisable proportionately with the related restricted stock units, aligning the timing of value realization with the underlying equity awards.

What are dividend equivalent rights in the context of DANA Inc (DAN)?

Dividend equivalent rights accrue on restricted stock units and mirror cash dividends on common shares. For DANA Inc, each right is the economic equivalent of one share of common stock and vests in proportion to the related restricted stock units.

Did the DANA Inc (DAN) director buy or sell stock in the market in this Form 4?

No open-market trades were reported. The Form 4 shows a compensation-related acquisition coded as a grant (transaction code A), reflecting additional dividend equivalent rights rather than a market purchase or sale of common shares.