Dana director awarded 21 dividend stock rights
On Aug. 28, 2026, director Bridget E. Karlin received 21 dividend equivalent rights, bringing her total to 60 for tied Dana restricted stock units.
Rhea-AI Filing Summary
DANA Inc (DAN) director Bridget E. Karlin reported an acquisition of derivative-based compensation. On August 28, 2026, she received 21 Dividend Equivalent Rights tied to previously granted restricted stock units, giving her a total of 60 such rights. Each right is the economic equivalent of one share of Dana common stock and becomes exercisable proportionately with the related restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 21 shares
Grant/Award
1 txn
Insider
Karlin Bridget E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 21 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 60 contracts (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Dividend Equivalent Rights granted: 21 rights
Dividend Equivalent Rights following transaction: 60 rights
Underlying common shares per right: 1 share per right
3 metrics
Dividend Equivalent Rights granted
21 rights
Grant to director Bridget E. Karlin on August 28, 2026
Dividend Equivalent Rights following transaction
60 rights
Total Dividend Equivalent Rights held after the August 28, 2026 grant
Underlying common shares per right
1 share per right
Each Dividend Equivalent Right is the economic equivalent of one share of Dana common stock
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"
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
"accrued on previously granted restricted stock units and become exercisable"
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"
FAQ
What insider transaction did DANA Inc (DAN) disclose for Bridget E. Karlin?
Bridget E. Karlin, a director of DANA Inc (DAN), reported an acquisition of 21 Dividend Equivalent Rights on August 28, 2026, increasing her holdings of these derivative rights to 60 in total.
What are the Dividend Equivalent Rights reported at DANA Inc (DAN)?
Dividend Equivalent Rights accrued on previously granted restricted stock units and become exercisable proportionately with those units. Each right is the economic equivalent of one share of Dana common stock, providing stock-based compensation linked to the underlying restricted stock.
How many Dividend Equivalent Rights does Bridget E. Karlin hold after this Form 4 at DAN?
After the reported transaction, Bridget E. Karlin holds a total of 60 Dividend Equivalent Rights related to DANA Inc common stock, according to the Form 4 disclosure.
Was the DANA Inc (DAN) Form 4 transaction a purchase or a grant?
The Form 4 describes the August 28, 2026 transaction as a grant or award acquisition of 21 Dividend Equivalent Rights, not a market purchase or sale of Dana common stock.
Do the Dividend Equivalent Rights at DANA Inc (DAN) relate to common stock?
Yes. The filing states that each Dividend Equivalent Right is tied to restricted stock units and is the economic equivalent of one share of Dana common stock, with the underlying security titled “Common Stock, par value $0.01.”
AI-generated analysis. How Rhea-AI works. Not financial advice.
