Dana (DAN) SVP Brian Pour converts RSUs and has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dana Inc. senior vice president Brian Keith Pour reported equity award activity and related tax withholding. On February 11, 2026, he acquired 14,640 shares of common stock through the conversion of restricted stock units and 330 shares from dividend equivalent rights, both at an exercise price of $0.0000 per share.
To satisfy his tax obligation on these awards, 6,697 shares of common stock were withheld at a price of $32.07 per share. After these transactions, he directly beneficially owned 19,599 shares of Dana common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,970 shares exercised/converted
Mixed
5 txns
Insider
Pour Brian Keith
Role
SVP & Pres Comm Veh Drive
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 330 | $0.00 | -- |
| Exercise | Restricted Stock Units | 14,640 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 | 14,640 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 | 330 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 | 6,697 | $32.07 | $215K |
Holdings After Transaction:
Dividend Equivalent Rights — 4,582 shares (Direct);
Restricted Stock Units — 28,417 shares (Direct);
Common Stock, par value $0.01 — 25,966 shares (Direct)
Footnotes (1)
- Represents the total number of shares of common stock withheld for the Reporting Person's tax obligation. 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. 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. Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.
FAQ
What insider transactions did DAN executive Brian Keith Pour report?
Brian Keith Pour reported equity award activity on February 11, 2026. He converted restricted stock units and dividend equivalent rights into Dana common shares, then had shares withheld to cover taxes, leaving him with directly owned common stock after the transactions.
What are restricted stock units and dividend equivalent rights in the DAN filing?
Each restricted stock unit represents the right to receive one Dana common share or cash equal to its market value. Dividend equivalent rights accrue on these units and become exercisable proportionately as the underlying restricted stock units vest over time.
How do the dividend equivalent rights work in Dana (DAN) equity awards?
Dividend equivalent rights accrue on previously granted restricted stock units and become exercisable in proportion to those units. When the related restricted stock units vest, the dividend equivalent rights convert into additional Dana common shares under the same vesting framework.