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[Form 4] Dana Incorporated Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Byron S. Foster, President of Light Vehicle Drive Systems at Dana Incorporated (DAN), reported a non-derivative acquisition dated 08/29/2025. The filing shows 1,392 dividend equivalent rights accrued on previously granted restricted stock units became exercisable and were treated as the economic equivalent of 1,392 shares of Dana common stock. Following the transaction, Mr. Foster directly beneficially owned 7,273 shares of common stock.

The filing clarifies that each dividend equivalent right matches one share of common stock and that these rights vest proportionately with the related restricted stock units. The reported price for the dividend equivalents is shown as $0.0000. The Form 4 is signed on behalf of Mr. Foster by Laura L. Aossey on 09/02/2025.

Byron S. Foster, Presidente della divisione Light Vehicle Drive Systems di Dana Incorporated (DAN), ha comunicato un'acquisizione non derivata datata 29/08/2025. La comunicazione indica che 1.392 diritti equivalenti a dividendo maturati su precedenti unità azionarie vincolate sono divenuti esercitabili e sono stati trattati come l'equivalente economico di 1.392 azioni ordinarie di Dana. A seguito dell'operazione, il signor Foster deteneva direttamente beneficiariamente 7.273 azioni ordinarie.

La segnalazione precisa che ogni diritto equivalente a dividendo corrisponde a una azione ordinaria e che tali diritti maturano in misura proporzionale alle unità azionarie vincolate correlate. Il prezzo riportato per gli equivalenti a dividendo è indicato come $0.0000. Il Modulo 4 è firmato per conto del signor Foster da Laura L. Aossey in data 02/09/2025.

Byron S. Foster, Presidente de Light Vehicle Drive Systems en Dana Incorporated (DAN), informó una adquisición no derivada con fecha 29/08/2025. El informe muestra que 1.392 derechos equivalentes a dividendos devengados sobre unidades restringidas de acciones previamente otorgadas se hicieron ejercitables y se consideraron el equivalente económico de 1.392 acciones ordinarias de Dana. Tras la operación, el Sr. Foster poseía beneficiariamente en forma directa 7.273 acciones ordinarias.

El informe aclara que cada derecho equivalente a dividendo equivale a una acción ordinaria y que estos derechos consolidan proporcionalmente con las unidades restringidas de acciones relacionadas. El precio informado para los equivalentes de dividendo se muestra como $0.0000. El Formulario 4 está firmado en nombre del Sr. Foster por Laura L. Aossey con fecha 02/09/2025.

Dana Incorporated(DAN)의 Light Vehicle Drive Systems 사장인 Byron S. Foster는 2025년 8월 29일자 비파생성 취득을 보고했습니다. 제출서류에 따르면 이전에 부여된 제한주식단위(RSU)에 대해 발생한 1,392개의 배당금 등가권이 행사 가능하게 되었으며 이는 Dana 보통주 1,392주에 상응하는 경제적 등가로 취급되었습니다. 해당 거래 후 Foster 씨는 직접적으로 7,273주의 보통주를 실질적으로 보유하게 되었습니다.

보고서는 각 배당금 등가권이 보통주 1주와 동일하며 이러한 권리는 관련 제한주식단위와 비례하여 취득된다고 명시합니다. 배당금 등가의 신고 가격은 $0.0000로 기재되어 있습니다. Form 4는 2025년 9월 2일자로 Laura L. Aossey가 Foster 씨를 대신해 서명했습니다.

Byron S. Foster, président de Light Vehicle Drive Systems chez Dana Incorporated (DAN), a déclaré une acquisition non dérivée datée du 29/08/2025. Le dépôt indique que 1 392 droits équivalents de dividendes accumulés sur des unités d'actions restreintes précédemment attribuées sont devenus exerçables et ont été traités comme l'équivalent économique de 1 392 actions ordinaires Dana. À la suite de la transaction, M. Foster détenait directement à titre bénéficiaire 7 273 actions ordinaires.

Le dépôt précise que chaque droit équivalent de dividende correspond à une action ordinaire et que ces droits acquis se consolident proportionnellement avec les unités d'actions restreintes concernées. Le prix déclaré pour les équivalents de dividendes est indiqué comme 0,0000 $. Le formulaire 4 est signé au nom de M. Foster par Laura L. Aossey en date du 02/09/2025.

Byron S. Foster, President von Light Vehicle Drive Systems bei Dana Incorporated (DAN), meldete eine nicht-derivative Erwerbstransaktion vom 29.08.2025. Die Einreichung zeigt, dass 1.392 Dividendenäquivalente, die auf zuvor gewährten Restricted Stock Units angesammelt wurden, ausübbar wurden und als wirtschaftliches Äquivalent von 1.392 Dana-Stammaktien behandelt wurden. Nach der Transaktion hielt Herr Foster unmittelbar wirtschaftlich 7.273 Aktien des Stammkapitals.

Die Meldung stellt klar, dass jedes Dividendenäquivalent einer Stammaktie entspricht und dass diese Rechte anteilig mit den zugehörigen Restricted Stock Units vesten. Der angegebene Preis für die Dividendengleichwerte ist mit $0.0000 ausgewiesen. Das Formular 4 ist im Namen von Herrn Foster von Laura L. Aossey am 02.09.2025 unterschrieben worden.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Officer acquired 1,392 dividend equivalents converting to shares, modest increase in direct holdings to 7,273 shares.

The transaction is a routine insider holding adjustment tied to previously granted restricted stock units rather than an open-market purchase or sale. Dividend equivalent rights converting into share equivalents typically reflect standard executive compensation mechanics and do not signal a change in company control or a material financing event. The $0.0000 price indicates these are non-cash accruals rather than purchased shares. For investors, this is a disclosure of executive equity position, not an operational development.

TL;DR: Filing documents standard Section 16 reporting of dividend equivalents tied to RSUs; compliance appears routine and complete.

The Form 4 identifies the reporting person, relationship to the issuer, transaction type, and resulting ownership. The explanation included in the filing matches required disclosure that dividend equivalent rights accrue on restricted stock units and are economically equivalent to shares. The signature by a company representative and the clear reporting of post-transaction holdings indicate the filing meets disclosure expectations under Section 16.

Byron S. Foster, Presidente della divisione Light Vehicle Drive Systems di Dana Incorporated (DAN), ha comunicato un'acquisizione non derivata datata 29/08/2025. La comunicazione indica che 1.392 diritti equivalenti a dividendo maturati su precedenti unità azionarie vincolate sono divenuti esercitabili e sono stati trattati come l'equivalente economico di 1.392 azioni ordinarie di Dana. A seguito dell'operazione, il signor Foster deteneva direttamente beneficiariamente 7.273 azioni ordinarie.

La segnalazione precisa che ogni diritto equivalente a dividendo corrisponde a una azione ordinaria e che tali diritti maturano in misura proporzionale alle unità azionarie vincolate correlate. Il prezzo riportato per gli equivalenti a dividendo è indicato come $0.0000. Il Modulo 4 è firmato per conto del signor Foster da Laura L. Aossey in data 02/09/2025.

Byron S. Foster, Presidente de Light Vehicle Drive Systems en Dana Incorporated (DAN), informó una adquisición no derivada con fecha 29/08/2025. El informe muestra que 1.392 derechos equivalentes a dividendos devengados sobre unidades restringidas de acciones previamente otorgadas se hicieron ejercitables y se consideraron el equivalente económico de 1.392 acciones ordinarias de Dana. Tras la operación, el Sr. Foster poseía beneficiariamente en forma directa 7.273 acciones ordinarias.

El informe aclara que cada derecho equivalente a dividendo equivale a una acción ordinaria y que estos derechos consolidan proporcionalmente con las unidades restringidas de acciones relacionadas. El precio informado para los equivalentes de dividendo se muestra como $0.0000. El Formulario 4 está firmado en nombre del Sr. Foster por Laura L. Aossey con fecha 02/09/2025.

Dana Incorporated(DAN)의 Light Vehicle Drive Systems 사장인 Byron S. Foster는 2025년 8월 29일자 비파생성 취득을 보고했습니다. 제출서류에 따르면 이전에 부여된 제한주식단위(RSU)에 대해 발생한 1,392개의 배당금 등가권이 행사 가능하게 되었으며 이는 Dana 보통주 1,392주에 상응하는 경제적 등가로 취급되었습니다. 해당 거래 후 Foster 씨는 직접적으로 7,273주의 보통주를 실질적으로 보유하게 되었습니다.

보고서는 각 배당금 등가권이 보통주 1주와 동일하며 이러한 권리는 관련 제한주식단위와 비례하여 취득된다고 명시합니다. 배당금 등가의 신고 가격은 $0.0000로 기재되어 있습니다. Form 4는 2025년 9월 2일자로 Laura L. Aossey가 Foster 씨를 대신해 서명했습니다.

Byron S. Foster, président de Light Vehicle Drive Systems chez Dana Incorporated (DAN), a déclaré une acquisition non dérivée datée du 29/08/2025. Le dépôt indique que 1 392 droits équivalents de dividendes accumulés sur des unités d'actions restreintes précédemment attribuées sont devenus exerçables et ont été traités comme l'équivalent économique de 1 392 actions ordinaires Dana. À la suite de la transaction, M. Foster détenait directement à titre bénéficiaire 7 273 actions ordinaires.

Le dépôt précise que chaque droit équivalent de dividende correspond à une action ordinaire et que ces droits acquis se consolident proportionnellement avec les unités d'actions restreintes concernées. Le prix déclaré pour les équivalents de dividendes est indiqué comme 0,0000 $. Le formulaire 4 est signé au nom de M. Foster par Laura L. Aossey en date du 02/09/2025.

Byron S. Foster, President von Light Vehicle Drive Systems bei Dana Incorporated (DAN), meldete eine nicht-derivative Erwerbstransaktion vom 29.08.2025. Die Einreichung zeigt, dass 1.392 Dividendenäquivalente, die auf zuvor gewährten Restricted Stock Units angesammelt wurden, ausübbar wurden und als wirtschaftliches Äquivalent von 1.392 Dana-Stammaktien behandelt wurden. Nach der Transaktion hielt Herr Foster unmittelbar wirtschaftlich 7.273 Aktien des Stammkapitals.

Die Meldung stellt klar, dass jedes Dividendenäquivalent einer Stammaktie entspricht und dass diese Rechte anteilig mit den zugehörigen Restricted Stock Units vesten. Der angegebene Preis für die Dividendengleichwerte ist mit $0.0000 ausgewiesen. Das Formular 4 ist im Namen von Herrn Foster von Laura L. Aossey am 02.09.2025 unterschrieben worden.

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*
Foster Byron S.

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Pres, Light Veh Drive Systems
3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025
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) 08/29/2025 A 1,392 (1) (1) Common Stock, par value $0.01 1,392 $0.0000 7,273 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 Byron S. Foster 09/02/2025
** 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.
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