DANA Inc (NYSE: DAN) reports 835 new dividend equivalent rights for SVP Pour
Rhea-AI Filing Summary
DANA Inc. officer Brian K. Pour, SVP & President Commercial Vehicle Drive, reported an equity-related transaction in company securities. On 11/28/2025, he acquired 835 dividend equivalent rights tied to previously granted restricted stock units. Each dividend equivalent right represents the economic equivalent of one share of DANA common stock with a par value of $0.01 and was recorded at a price of $0.0000 per right.
Following this transaction, Pour beneficially owned 4,912 derivative securities in the form of these rights, held directly. The dividend equivalent rights become exercisable in proportion to the vesting of the related restricted stock units, effectively mirroring the value of DANA common stock over time.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did DANA Inc (DAN) report for Brian K. Pour?
DANA Inc reported that officer Brian K. Pour acquired 835 dividend equivalent rights on 11/28/2025, tied to previously granted restricted stock units.
What are the dividend equivalent rights reported by DANA Inc (DAN)?
The filing states that 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.
At what price were the DANA Inc (DAN) dividend equivalent rights recorded?
The 835 dividend equivalent rights acquired by Brian K. Pour were recorded at a price of $0.0000 per right.
How many derivative securities does Brian K. Pour beneficially own after this DANA Inc (DAN) transaction?
After the reported transaction, Brian K. Pour beneficially owned 4,912 derivative securities in the form of dividend equivalent rights, held directly.
What is Brian K. Pour’s role at DANA Inc (DAN)?
The filing identifies Brian K. Pour as an officer of DANA Inc, serving as SVP & President Commercial Vehicle Drive.
How do the dividend equivalent rights at DANA Inc (DAN) become exercisable?
The document explains that the dividend equivalent rights become exercisable proportionately with the restricted stock units to which they relate, aligning their value with DANA common stock over time.