DANA director granted 21 dividend equivalent rights

OConnell Diarmuid B. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

OConnell Diarmuid B. reported acquisition or exercise transactions in this Form 4 filing.

DANA Inc director Diarmuid B. O’Connell received a grant of 21 dividend equivalent rights on March 20, 2026. These derivative awards accrued on previously granted restricted stock units and will become exercisable in step with those units. Each dividend equivalent right is economically equivalent to one share of DANA common stock, bringing his total derivative balance from this grant to 21 rights.

Insider Trade Summary

Grant/Award: 21 shares

Grant/Award 1 txn

Insider OConnell Diarmuid B.

Role Director

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

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

Footnotes (1)

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did DANA Inc (DAN) report for Diarmuid B. O’Connell?

DANA Inc reported that director Diarmuid B. O’Connell received 21 dividend equivalent rights on March 20, 2026. These rights are tied to earlier restricted stock unit grants and mirror the value of common stock.

How many dividend equivalent rights did the DANA Inc director acquire?

The director acquired 21 dividend equivalent rights, with 21 rights held following the transaction. Each right represents the economic equivalent of one share of DANA common stock linked to existing restricted stock units.

What are dividend equivalent rights in the context of DANA Inc (DAN)?

Dividend equivalent rights are awards that accrue on previously granted restricted stock units. For DANA Inc, each right is the economic equivalent of one share of common stock and becomes exercisable proportionately with the related restricted stock units.

When do DANA Inc dividend equivalent rights become exercisable for the director?

The dividend equivalent rights become exercisable proportionately as the underlying restricted stock units vest. This means the director’s rights track the same schedule as the existing restricted stock unit awards to which they relate.

Does the DANA Inc Form 4 show a buy or sell of common stock?

The Form 4 does not show an open-market buy or sell of common stock. It reports an acquisition coded as a grant of derivative dividend equivalent rights connected to previously granted restricted stock units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/24/2026 - 04:20 PM EDT Learn about SEC filing dates

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^*

OConnell Diarmuid B.

(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 Diarmuid B. O'Connell	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)