Karlin Bridget E 4

What Happened Bridget E. Karlin, a director of DANA Inc. (DAN), was granted 21 derivative units on March 20, 2026. The reported transaction is an award/acquisition (code A) of 21 shares at $0.00 — these are dividend-equivalent rights tied to previously granted restricted stock units (RSUs), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (filed within the SEC two-business-day window).
• Transaction type: Award/acquisition (A); 21 derivative shares @ $0.00 (no cash paid).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Dividend equivalent rights accrued on previously granted RSUs and become exercisable proportionately with those RSUs; each dividend equivalent right is the economic equivalent of one share of Dana common stock.

Context This was a derivative award tied to prior RSU grants (a routine compensation/event-driven credit), rather than a purchase or sale that signals a personal investment decision. Dividend-equivalent units simply track dividends on RSUs and convert in line with the underlying RSUs when exercisable.