Form 4: DANA CEO R. Bruce McDonald's Latest Stock Transactions

DANA Inc. CEO R. Bruce McDonald reported the acquisition of common stock, a new RSU grant, and shares withheld for tax obligations.

Summary

• R. Bruce McDonald, Chairman & CEO of DANA Inc., reported transactions involving the company's common stock and derivative securities.
• McDonald acquired 5,532 shares of common stock on November 28, 2025, through the exercise or conversion of derivative securities.
• Concurrently, 2,412 shares of common stock were disposed of on November 28, 2025, at a price of $22.48 per share to cover tax obligations.
• A new grant of 183,741 Restricted Stock Units (RSUs) was made on November 25, 2025, which will vest in full on November 25, 2026. Each RSU represents the right to receive one share of common stock or its cash equivalent.
• Dividend Equivalent Rights (DERs) totaling 5,532 were acquired and subsequently exercised/converted on November 28, 2025, related to previously granted restricted stock units.
• Following these transactions, McDonald directly beneficially owns 777,204 shares of common stock and 183,741 Restricted Stock Units.

Sentiment

Score: 7

Explanation: The filing details routine insider transactions, primarily the grant of new Restricted Stock Units and the exercise of existing equity awards with associated tax withholding. The new RSU grant is a positive for executive alignment, but the overall impact is neutral as these are standard compensation events.

Positives

• Grant of 183,741 Restricted Stock Units (RSUs) to the Chairman & CEO, aligning management's interests with shareholder value.
• Acquisition of 5,532 shares of common stock, increasing direct beneficial ownership.

Negatives

• Disposition of 2,412 shares of common stock at $22.48 per share to satisfy tax withholding obligations, which is a reduction in direct share ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The grant of RSUs aligns the interests of the CEO with long-term shareholder value. The disposition of shares for tax purposes is a routine event and does not indicate a change in management's confidence.
• Employees: These transactions are part of executive compensation, which can influence overall compensation strategies within the company.

Next Steps

• The 183,741 Restricted Stock Units granted on November 25, 2025, are scheduled to vest in full on November 25, 2026.

Key Dates

Keywords

DANA, DAN, R Bruce McDonald, Form 4, insider trading, stock grant, RSU, CEO, director, equity compensation