Dana Inc (DAN) director reports 45 dividend equivalent rights and 227 held in Form 4

Rhea-AI Filing Summary

Dana Inc. director reports dividend equivalent rights transaction

A Dana Inc. (ticker DAN) director filed a Form 4 reporting an automatic grant of derivative securities in the form of dividend equivalent rights on 11/28/2025. The filing shows the acquisition (coded as "A") of 45 dividend equivalent rights at a price of $0.0000 per right, each economically equivalent to one share of Dana common stock.

After this transaction, the reporting person beneficially owned 227 dividend equivalent rights, held directly. These rights accrue on previously granted restricted stock units and become exercisable proportionately with those restricted stock units, effectively tracking dividends paid on Dana common stock.

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

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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^*

Hernandez Ernesto M

(Last) (First) (Middle)

3939 TECHNOLOGY DRIVE

(Street)

MAUMEE OH 43537

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
11/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	11/28/2025		A		45		(1)	(1)	Common Stock, par value $0.01	45	$0.0000	227	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 Ernesto M. Hernandez	12/02/2025
	** 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.

FAQ

What insider transaction did Dana Inc. (DAN) report in this Form 4?

The Form 4 reports that a Dana Inc. director acquired 45 dividend equivalent rights on 11/28/2025, coded as an "A" (acquisition) transaction at a price of $0.0000 per right.

What are the dividend equivalent rights reported for Dana Inc. (DAN)?

The dividend equivalent rights accrue 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.

How many derivative securities does the Dana Inc. (DAN) insider own after this transaction?

Following the reported transaction, the director beneficially owned 227 dividend equivalent rights, representing derivative securities linked to Dana common stock, held in direct ownership form.

What is the relationship of the reporting person to Dana Inc. (DAN)?

The reporting person is identified as a Director of Dana Inc., as indicated in the relationship section of the filing.

Does this Dana Inc. (DAN) Form 4 involve common stock or derivative securities?

This filing discloses activity only in derivative securities, specifically dividend equivalent rights linked to Dana common stock, rather than direct transactions in common shares themselves.

When was the earliest transaction date reported in this Dana Inc. (DAN) Form 4?

The earliest transaction date reported is 11/28/2025, which corresponds to the grant of the dividend equivalent rights.