Kraus Timothy R 4
4 · DANA Inc · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Dana (DAN) CFO Timothy Kraus Receives 455-Share Award
What Happened
Timothy R. Kraus, CFO of DANA Inc. (DAN), was granted/acquired 455 derivative shares (recorded as award A) on March 20, 2026. The Form 4 reports the acquisition price as $0.00, indicating these were dividend-equivalent rights tied to previously granted restricted stock units (RSUs) rather than a cash purchase.
Key Details
- Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (filed within required 2 business days).
- Transaction type/code: A (Grant/award or other acquisition); 455 shares; price per share reported $0.00.
- Shares owned after transaction: Not specified in the provided filing excerpt—see the full SEC filing for total beneficial ownership.
- Footnote: F1 — these are dividend equivalent rights that accrued on previously granted RSUs and become exercisable proportionately with those RSUs; each right is the economic equivalent of one Dana common share.
- No 10b5-1 plan, tax-withholding sale, or cash exercise was indicated in the excerpt.
Context
This is a compensation-related award (dividend equivalents on RSUs) rather than an open-market purchase or sale. Such awards are common as part of executive pay and do not, by themselves, indicate a buy/sell signal from the insider. For the full ownership picture and any vesting or settlement terms, consult the complete Form 4 on the SEC EDGAR site (Accession: 0001225208-26-003963).
Insider Transaction Report
- Award
Dividend Equivalent Rights
[F1]2026-03-20+455→ 7,249 total→ Common Stock, par value $0.01 (455 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.