Karlin Bridget E 4
4 · DANA Inc · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
DANA (DAN) Director Bridget Karlin Receives Award
What Happened
Bridget E. Karlin, a director of DANA Inc. (DAN), received an award of 18 derivative units on 2026-05-29. The filing shows acquisition code "A" (award/grant) of 18 shares at $0.00 (total cash paid $0). These are dividend-equivalent rights tied to previously granted restricted stock units, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-29; Filing (Form 4) date: 2026-06-02 (timely filed).
- Transaction type/code: Award/Grant (A). Quantity: 18 units; Price: $0.00.
- Reported as a derivative instrument (dividend-equivalent rights related to RSUs).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: Dividend-equivalent rights accrue on previously granted RSUs and become exercisable proportionately with those RSUs; each dividend equivalent equals the economic value of one share.
Context
Dividend-equivalent rights are a form of compensation that mirror the economic value of shares tied to restricted stock units; they are routine executive/director compensation rather than an active market purchase or sale. This filing does not indicate any immediate sale or cashless exercise — it simply reports the grant/accrual of additional derivative units.
Insider Transaction Report
- Award
Dividend Equivalent Rights
[F1]2026-05-29+18→ 39 total→ Common Stock, par value $0.01 (18 underlying)
Footnotes (1)
- [F1]Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of Dana common stock.