Kraus Timothy R 4

4 · DANA Inc · Filed Feb 10, 2026

AI-generated summary of this filing

Updated Feb 10, 2026

DANA (DAN) CFO Timothy Kraus Receives Award Worth $2.79M

What Happened

Timothy R. Kraus, Chief Financial Officer of DANA Inc. (DAN), received the vesting of performance-based equity: 91,857 shares were acquired at a reported value of $30.40 per share (total value ≈ $2,792,453) on 2026-02-06. To satisfy tax obligations on the vesting, 40,849 shares were withheld/disposed at the same $30.40 rate (value ≈ $1,241,810).
The filing also records conversion/exercise entries of 1,375 derivative shares (zero price) and an additional award of 33,802 restricted stock units (RSUs) reported at $0 (see footnotes for details). These transactions reflect awards/vesting and not an open‑market buy or sale.

Key Details

Transaction date: 2026-02-06; Form 4 filed 2026-02-10 (timely filing).
Primary award: 91,857 performance shares @ $30.40 each ≈ $2,792,453 total.
Tax withholding: 40,849 shares withheld/disposed @ $30.40 each ≈ $1,241,810.
Derivative items: 1,375 shares recorded as exercise/conversion (code M) at $0; 33,802 RSUs granted (reported at $0).
Shares owned after the reported transactions: not specified in the provided filing extract.
Notable footnotes: F1 = vesting of performance shares; F2 = shares withheld for taxes; F3 = dividend equivalent rights on performance share units; F4–F6 = RSUs granted under the company’s omnibus plan with standard vesting and dividend equivalent terms.

Context

These transactions are compensation-related (award/vesting) rather than purchases or open-market sales; withholding to cover taxes is routine.
The zero‑price derivative entries reflect conversion/exercise of equity awards or dividend-equivalent distributions rather than cash purchases.
For retail investors, award/vesting activity signals executive compensation being settled; it does not, by itself, indicate insider buying or selling intent.

Form 4

Period: 2026-02-06

SVP & Chief Financial Officer

Transactions

Award
Common Stock, par value $0.01
[F1]
2026-02-06$30.40/sh+91,857$2,792,453→ 190,388 total
Exercise/Conversion
Common Stock, par value $0.01
2026-02-06+1,375→ 191,763 total
Tax Payment
Common Stock, par value $0.01
[F2]
2026-02-06$30.40/sh−40,849$1,241,810→ 150,914 total
Exercise/Conversion
Dividend Equivalent Rights
[F3]
2026-02-06−1,375→ 10,699 total
→ Common Stock, par value $0.01 (1,375 underlying)
Award
Restricted Stock Units
[F4][F5][F6]
2026-02-06+33,802→ 33,802 total
From: 2027-02-06→ Common Stock, par value $0.01 (33,802 underlying)

Footnotes (6)

[F1]Represents the acquisition of common stock resulting from the vesting of performance shares.
[F2]Represents shares withheld to satisfy tax obligations upon vesting of performance shares.
[F3]Dividend equivalent rights accrued on previously granted performance share units and become exercisable proportionately with the performance share units to which they relate, which have been awarded and distributed.
[F4]Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan.
[F5]Each restricted stock unit granted represents the right to receive one share of Dana common stock or, at the election of Dana, cash equal to the market value per share. Each restricted stock unit contains dividend equivalent rights.
[F6]Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.

Signature

/s/ Laura L. Aossey on behalf of Timothy R. Kraus|2026-02-10

1 file