Dana (NYSE: DAN) director receives grant of 21 dividend equivalent rights

Rhea-AI Filing Summary

Mack Michael J reported acquisition or exercise transactions in this Form 4 filing.

Director Michael J. Mack received a grant of 21 dividend equivalent rights tied to previously awarded restricted stock units of DANA Inc. These rights are derivatives that become exercisable proportionately with the related restricted stock units and are each economically equivalent to one share of Dana common stock.

Following this compensation-related award, he holds 21 dividend equivalent rights directly, with no open-market buying or selling involved.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mack Michael J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	21	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 21 shares (Direct)

Footnotes (1)

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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^*

Mack Michael J

(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)
03/20/2026

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)	03/20/2026		A		21		(1)	(1)	Common Stock, par value $0.01	21	$0.0000	21	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 Michael J. Mack, Jr.	03/24/2026
	** 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 insider transaction did DANA Inc (DAN) report for Michael J. Mack?

DANA Inc reported that director Michael J. Mack received a grant of 21 dividend equivalent rights. These derivative awards are part of his equity compensation and are tied to previously granted restricted stock units, rather than an open-market share purchase or sale.

What are the dividend equivalent rights granted at DANA Inc (DAN)?

The filing shows 21 dividend equivalent rights were granted, each economically equivalent to one share of Dana common stock. They accrue on existing restricted stock units and become exercisable proportionately as those restricted stock units vest over time.

Was there any open-market buying or selling by the DANA Inc (DAN) director?

No, the Form 4 reports a compensation-related acquisition coded as a grant, not an open-market trade. The 21 dividend equivalent rights were awarded at zero price, reflecting an equity compensation adjustment rather than a discretionary stock purchase or sale.

How many derivative awards does the DANA Inc (DAN) director hold after this transaction?

After the transaction, the director is shown holding 21 dividend equivalent rights directly. These rights mirror dividends on the related restricted stock units and track the economic value of Dana common stock on a one-for-one equivalent basis.

How do the DANA Inc (DAN) dividend equivalent rights vest and become exercisable?

According to the disclosure, the dividend equivalent rights accrue on previously granted restricted stock units and become exercisable proportionately with those units. As each restricted stock unit vests, the corresponding dividend equivalent right becomes exercisable on the same proportional schedule.