Form 4: DANA Director Karlin Acquires 45 Dividend Rights

DANA Inc. Director Bridget E. Karlin reported the acquisition of 45 dividend equivalent rights, increasing her beneficial ownership to 227.

Summary

• Bridget E. Karlin, a Director of DANA Inc., reported an acquisition of securities.
• The transaction occurred on November 28, 2025.
• Ms. Karlin acquired 45 Dividend Equivalent Rights (DERs).
• These DERs accrued on previously granted restricted stock units and become exercisable proportionately with those units.
• Each dividend equivalent right is the economic equivalent of one share of DANA common stock.
• The acquisition price for these DERs was $0.0000.
• Following this transaction, Ms. Karlin beneficially owns a total of 227 Dividend Equivalent Rights.

Sentiment

Score: 6

Explanation: The acquisition of dividend equivalent rights by a director is a routine compensation event, but it does represent an increase in the director's equity-linked holdings, which can be seen as a minor positive signal of alignment with shareholder interests.

Positives

• A director increased their beneficial ownership of equity-linked instruments, which may signal confidence in the company's future performance and aligns management interests with shareholders.

Future Outlook

NA

Industry Context

This filing is a standard insider transaction report and does not provide broader industry context. It reflects an individual director's equity compensation activity within DANA Inc.

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders through additional equity-linked compensation.

Key Dates

Keywords

DANA Inc, DAN, Form 4, Insider Transaction, Dividend Equivalent Rights, Director, Bridget E. Karlin, Equity Compensation