Karlin Bridget E 4

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.