DANA CFO exercises RSUs, withholds shares for tax
DANA Inc senior vice president and chief financial officer Timothy R. Kraus reported equity-related transactions on common stock and derivative awards dated February 11, 2026.
Rhea-AI Filing Summary
DANA Inc senior vice president and chief financial officer Timothy R. Kraus reported equity-related transactions on common stock and derivative awards dated February 11, 2026. He acquired 27,067 shares of common stock through the exercise of restricted stock units and 611 shares through dividend equivalent rights, both at an exercise price of $0.0000 per share.
To satisfy tax obligations tied to these awards, 12,068 shares of common stock were withheld at $32.07 per share, as noted in the footnotes. After these transactions, Kraus held 166,524 shares of common stock directly, plus derivative holdings including 52,541 restricted stock units and 10,088 dividend equivalent rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 611 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 27,067 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 27,067 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 611 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 | 12,068 | $32.07 | $387K |
Footnotes (4)
- F1. Represents the total number of shares of common stock withheld for the Reporting Person's tax obligation.
- F2. Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate, which have vested.
- F3. Each restricted stock unit granted represents the right to receive one share of Dana common stock or, at the election of Dana, cash equal to the market value per share. Each restricted stock unit contains dividend equivalent rights.
- F4. Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.
FAQ
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What insider transactions did DANA Inc (DAN) CFO Timothy R. Kraus report?
What are restricted stock units and dividend equivalent rights in DANA Inc (DAN)’s plan?
When do the reported DANA Inc (DAN) restricted stock units vest?
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