secwatch.observer — SEC 8-K summary
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Issuer:     DANA Inc (DAN)
CIK:        0000026780
Form:       8-K
Filed at:   2022-01-07T23:59:59+00:00
Accession:  0000950142-22-000206
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 5.02, 1.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dana expands board to 12, appoints Brett Icahn and Gary Hu from Icahn Capital
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- Board increased to 12 directors; Brett Icahn and Gary Hu appointed effective Jan 7, 2022.
- Icahn Group holds ~9.9% of Dana's outstanding stock and will support Dana's slate at 2022 annual meeting.
- Agreement includes standstill, non-disparagement, and restrictions on board size and rights plan adoption.
- Board size will reduce to 11 after the 2022 annual meeting following retirement of Raymond E. Mabus, Jr.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26780/000095014222000206/0000950142-22-000206-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26780/000095014222000206/eh220215371_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-22-000206

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