Kraus Timothy R 4

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.