Form 4: Bridget Karlin Receives 50 Dividend Equivalents, Now Owns 182 DAN Shares

Rhea-AI Filing Summary

Bridget E. Karlin, a director of Dana Inc. (DAN), reports receipt of 50 dividend equivalent rights tied to previously granted restricted stock units on 08/29/2025. These dividend equivalent rights are each the economic equivalent of one share of Dana common stock and were recorded at a price of $0.0000. After the reported transaction, Ms. Karlin beneficially owns 182 shares/direct interests in Dana common stock. The submission is a Form 4 statement of changes in beneficial ownership and was signed on behalf of Ms. Karlin on 09/02/2025.

Positive

• Accurate disclosure of the dividend equivalent rights event with required explanatory language
• Form 4 filed and signed (signature executed on 09/02/2025), meeting reporting formalities

Negative

• None.

Insights

Securities Analyst

TL;DR: Director received 50 dividend-equivalent rights from existing RSUs, increasing reported beneficial holdings to 182 shares.

The Form 4 documents a non-cash accrual event: 50 dividend equivalent rights became exercisable in connection with previously granted restricted stock units. These rights are recorded at a nominal price of $0.0000 because they represent accrued dividends rather than a market purchase. The filing shows direct beneficial ownership of 182 shares following the accrual. This is a routine insider reporting of compensation-related equity accruals and does not indicate an open-market purchase or sale.

Corporate Governance Expert

TL;DR: Routine disclosure of compensation-related equity vesting; documentation and signature provided as required.

The filing properly identifies the reporting person as a director and marks the Form as filed by one reporting person. It includes the required explanatory note clarifying that dividend equivalent rights accrue with restricted stock units and are economically equivalent to shares. The form is signed on behalf of the reporting person, fulfilling signature formalities. This is a standard compliance disclosure under Section 16.

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
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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^*

Karlin Bridget E

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		50		(1)	(1)	Common Stock, par value $0.01	50	$0.0000	182	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 Bridget E. Karlin	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 did Bridget E. Karlin report on Form 4 for Dana Inc. (DAN)?

Ms. Karlin reported receipt of 50 dividend equivalent rights tied to previously granted restricted stock units on 08/29/2025.

How many Dana shares does the filing show Bridget Karlin beneficially owns after the transaction?

The filing shows 182 shares or equivalent beneficially owned following the reported transaction.

What is the economic nature and price of the reported dividend equivalent rights?

Each dividend equivalent right is the economic equivalent of one share of Dana common stock and the reported price is $0.0000.

Was this Form 4 filed jointly or by a single reporting person?

The submission indicates the form was filed by one reporting person.

When was the Form 4 signed and who signed it?

The Form 4 was signed on behalf of Bridget E. Karlin by Laura L. Aossey on 09/02/2025.