Dana Inc SEC Filings

Dana Inc director Bridget E. Karlin reported an equity-related transaction involving dividend equivalent rights tied to previously granted restricted stock units. On 11/28/2025, she acquired 45 dividend equivalent rights at a price of $0.0000 per right. Following this transaction, she beneficially owns 227 derivative securities, held directly.

The filing explains that these dividend equivalent rights accrue on existing restricted stock units and become exercisable in step with those units. Each right is described as the economic equivalent of one share of Dana common stock, meaning they mirror the value of the underlying shares without being common stock themselves until applicable settlement conditions are met.

Dana Inc. director reports dividend equivalent rights transaction

A Dana Inc. (ticker DAN) director filed a Form 4 reporting an automatic grant of derivative securities in the form of dividend equivalent rights on 11/28/2025. The filing shows the acquisition (coded as "A") of 45 dividend equivalent rights at a price of $0.0000 per right, each economically equivalent to one share of Dana common stock.

After this transaction, the reporting person beneficially owned 227 dividend equivalent rights, held directly. These rights accrue on previously granted restricted stock units and become exercisable proportionately with those restricted stock units, effectively tracking dividends paid on Dana common stock.

Dana Inc. reported an insider equity compensation update for President, Light Vehicle Drive Systems, Byron S. Foster. On 11/28/2025, Foster was credited with 1,259 dividend equivalent rights tied to previously granted restricted stock units. Each dividend equivalent right is described as the economic equivalent of one share of Dana common stock and becomes exercisable in proportion to the related restricted stock units as they vest.

Following this transaction, Foster beneficially owns 8,532 derivative securities, held directly. The filing indicates this is a routine Form 4 report of compensation-related derivative securities rather than an open-market purchase or sale of Dana common stock.

Dana Inc. reported insider equity activity by its Chairman and CEO, who is also a director. On 11/28/2025, the executive acquired 5,532 shares of common stock at $0.0000 per share through the exercise of derivative awards and disposed of 2,412 shares at $22.48 per share to cover tax obligations. After these transactions, the executive directly owned 777,204 shares of Dana common stock.

Separately, on 11/25/2025, the executive received a grant of 183,741 restricted stock units, each representing the right to one share of common stock or cash of equal value, with associated dividend equivalent rights. These restricted stock units vest in full on the first anniversary of the grant, and related dividend equivalent rights accrued and were exercised in connection with previously granted units.

Dana Inc. (DAN) senior vice president and president of Off-Highway Drive, Craig C. Price, reported multiple open-market sales of Dana common stock. On 11/25/2025, he executed a series of sale transactions in common stock with a par value of $0.01, at prices ranging from $22.42 to $22.49 per share. Following these sales, his directly held beneficial ownership decreased from 26,646 to 13,446 shares of Dana common stock.

Dana Inc. Chairman and CEO R. Bruce McDonald reported equity transactions in company stock. On 11/25/2025, restricted stock units vested and converted into 1,217,798 shares of common stock at an exercise price of $0.0000, increasing his direct holdings to 1,292,577 shares. Dividend equivalent rights tied to earlier awards also converted into an additional 22,105 shares, again at $0.0000, bringing his direct ownership to 1,314,682 shares.

To cover tax obligations from these vestings, 540,598 shares were withheld at a price of $21.91 per share, leaving McDonald with 774,084 shares of Dana common stock held directly after the transactions.

Dana Inc. (DAN) has a planned sale of restricted stock reported on Form 144. The person filing intends to sell 13,300 common shares through Fidelity Brokerage Services LLC, with an aggregate market value of $298,475.10, on or around 11/25/2025 on the NYSE. Shares outstanding are listed as 116,837,366.

The shares to be sold were acquired through multiple restricted stock vesting events from the issuer, treated as compensation. These vestings occurred on several dates between 02/10/2023 and 02/14/2024, with individual vested amounts such as 1,036, 4,210, 1,554, 1,710, 1,194, 2,207 and 1,389 common shares, all recorded as compensation.

Nomura Holdings, Inc. and Nomura Global Financial Products, Inc. filed an amended Schedule 13G reporting 0.00 shares beneficially owned of Dana Inc. (Common Stock), representing 0% of the class.

The filers report 0.00 sole and shared voting power and 0.00 sole and shared dispositive power. The event date is 09/30/2025. The certification states the securities were held in the ordinary course and not to influence control.

Dana Incorporated reported third-quarter 2025 results and highlighted progress on its planned divestiture. From continuing operations, net sales were $1,917 million versus $1,897 million a year ago, with earnings before interest and taxes of $53 million compared with a loss of $8 million last year. Net income from continuing operations was $13 million, while total company net income was $87 million aided by discontinued operations.

The company entered a definitive agreement to sell its Off-Highway business to Allison Transmission for $2,732 million, expected to close in Q4 2025, subject to regulatory approvals and customary conditions. Discontinued operations delivered net income of $74 million in the quarter.

Dana continued capital returns: it repurchased 14.3 million shares from the Icahn Group for $251 million and bought back 9.5 million shares in open market transactions for $187 million in Q3. Shares outstanding were 116,837,366 as of October 24, 2025. Liquidity updates included a new $250 million Term A Facility and $375 million drawn on the revolver with $765 million availability at quarter-end. The Board paid a quarterly dividend of $0.10 per share.