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DANA Inc (DAN) CFO receives 455 dividend equivalent rights tied to RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kraus Timothy R reported acquisition or exercise transactions in this Form 4 filing.

DANA Inc Senior Vice President and Chief Financial Officer Timothy R. Kraus received a grant of 455 dividend equivalent rights tied to previously awarded restricted stock units. Each right is economically equivalent to one share of Dana common stock, bringing his directly held dividend equivalent rights to 7,249.

Positive

  • None.

Negative

  • None.
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*
Kraus Timothy R

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026
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
Dividend Equivalent Rights(1)03/20/2026A455 (1) (1)Common Stock, par value $0.01455$0.00007,249D
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 Timothy R. Kraus03/24/2026
** 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 insider transaction did DANA Inc (DAN) disclose for Timothy R. Kraus?

DANA Inc reported that CFO Timothy R. Kraus received a grant of 455 dividend equivalent rights. These rights accrued on previously granted restricted stock units and mirror common stock value, increasing his directly held dividend equivalent rights position to 7,249 after the award.

What are dividend equivalent rights in the DANA Inc (DAN) Form 4 filing?

Dividend equivalent rights are awards that track dividends on underlying restricted stock units. For Dana, each right is the economic equivalent of one share of common stock, becoming exercisable proportionately as the related restricted stock units vest over time.

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

The Form 4 shows no open-market buying or selling by the CFO. Instead, Timothy R. Kraus acquired 455 dividend equivalent rights as a compensation-related grant, with no cash price per right and no share disposals reported in this filing.

How many dividend equivalent rights does the DANA Inc (DAN) CFO hold after this transaction?

Following the grant, Timothy R. Kraus directly holds 7,249 dividend equivalent rights. This total reflects the newly awarded 455 rights added to his prior balance, all economically linked to Dana common stock through previously granted restricted stock units.

How are the DANA Inc (DAN) dividend equivalent rights linked to restricted stock units?

The dividend equivalent rights accrued on previously granted restricted stock units. They become exercisable in proportion to those restricted stock units and each right is designed to provide the economic equivalent of one Dana common share as the units vest.
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