secwatch.observer — SEC 8-K summary
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Issuer:     DANA Inc (DAN)
CIK:        0000026780
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0000950142-25-000183
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dana appoints Brett Icahn and Christian Garcia to board; revises standstill with Icahn Group
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- Brett Icahn and Christian Garcia appointed to Dana board, replacing Gary Hu and Steven Miller.
- Standstill extended to 2027 meeting if objectives met; else to 2026 deadline.
- Objectives: hire new CEO (non-board), sell Off-Highway business, and engage financial advisor for capital allocation.
- Icahn designees join audit, compensation, and technology/sustainability committees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26780/000095014225000183/0000950142-25-000183-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26780/000095014225000183/eh250581243_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-25-000183

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer