Kraus Timothy R 4

What Happened
Timothy R. Kraus, Chief Financial Officer of DANA Inc. (DAN), had restricted stock units (derivatives) convert to 31,688 shares of Dana common stock on February 13, 2026 (29,954 + 1,734). The shares were issued at $0.00 (reflecting RSU settlement), and 13,816 of those shares were surrendered/withheld to cover the tax obligation at an effective value of $33.16 per share (tax withholding total $458,139). Net shares retained after withholding are approximately 17,872.

Key Details

• Transaction date: 2026-02-13; Filing date: 2026-02-17 (filed timely).
• Codes: M = exercise/conversion of derivative (RSU settlement); F = shares withheld for tax liability.
• Acquired: 29,954 shares and 1,734 shares (total 31,688) at $0.00 (RSU settlement).
• Withheld/disposed for taxes: 13,816 shares at $33.16 = $458,139.
• Net retained shares (approx.): 31,688 − 13,816 = 17,872 shares.
• Shares owned after transaction: not specified in the supplied filing details.
• Footnotes: RSUs include dividend equivalent rights, vest over three equal annual installments, and each RSU represents the right to one share (or cash at Dana’s election).

Context
This was a routine RSU conversion/settlement rather than an open‑market purchase or sale. The withholding of shares to cover taxes is a common cashless method employers use upon vesting and does not by itself indicate a directional bet on the stock. The filing appears timely (filed four days after the transaction date; Feb 16 was a federal holiday).