Insider Filing: Brian Pour Converts 925 Dividend-Equivalent Rights at Dana (DAN)

Rhea-AI Filing Summary

Brian K. Pour, SVP & President, Commercial Vehicle Drive at Dana Inc. (DAN), reported a transaction dated 08/29/2025 in which 925 dividend equivalent rights related to previously granted restricted stock units were exercised as the economic equivalent of common shares. After this transaction, Mr. Pour beneficially owned 4,077 shares of Dana common stock in a direct ownership form. The Form 4 was signed on behalf of the reporting person and filed on 09/02/2025. The filing notes that dividend equivalent rights become exercisable proportionately with the underlying restricted stock units and each right equals one share of common stock.

Positive

• 925 dividend equivalent rights converted to shares, reflecting compensation being realized
• Post-transaction direct beneficial ownership of 4,077 shares is clearly disclosed
• Form 4 includes an explanatory note clarifying the nature of the dividend equivalent rights

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider received 925 dividend-equivalent shares, bringing direct ownership to 4,077 shares; transaction is routine compensation-related activity.

This Form 4 documents a non-derivative acquisition of 925 shares represented by dividend equivalent rights tied to previously granted restricted stock units. Such transactions are typically part of executive compensation programs and do not indicate open-market buying or selling pressure. The post-transaction direct ownership of 4,077 shares is disclosed, which is a small absolute holding relative to large-cap peer norms; the filing does not show purchases, sales, or any change to control. For investors, this is a routine insider compensation mechanics disclosure rather than a material corporate event.

Corporate Governance Expert

TL;DR: The filing reflects standard vesting/exercise of dividend-equivalent rights tied to RSUs and proper Section 16 reporting.

The report identifies the reporting person as both an officer and a director and discloses the conversion of dividend equivalent rights into the economic equivalent of 925 Dana common shares. The explanatory note clarifies these rights vest proportionately with the underlying restricted stock units, consistent with common equity compensation practices. The Form 4 appears complete for the disclosed event: it lists the transaction date, post-transaction beneficial ownership, and includes an authorized signature. No governance issues, amendments, or other compensatory arrangements are described in this filing.

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

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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^*

Pour Brian Keith

(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)
	SVP & Pres Comm Veh Drive

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		925		(1)	(1)	Common Stock, par value $0.01	925	$0.0000	4,077	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 Brian K. Pour	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.

FAQ

What transaction did Brian K. Pour report on Form 4 for DAN?

He reported the acquisition of 925 dividend equivalent rights related to restricted stock units, dated 08/29/2025.

How many Dana (DAN) shares does Brian K. Pour beneficially own after the reported transaction?

The filing shows direct beneficial ownership of 4,077 shares following the transaction.

What are the dividend equivalent rights mentioned in the Form 4?

The filing states each dividend equivalent right is the economic equivalent of one share of Dana common stock and vests proportionately with the related restricted stock units.

What is Brian K. Pour's role at Dana as listed on the filing?

He is identified as a Director and an Officer with the title SVP & Pres Comm Veh Drive.

When was the Form 4 signed and filed?

The signature block shows the form was signed on behalf of the reporting person and dated 09/02/2025.