{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-26-000006","form_type":"8-K","ticker":"DAN","cik":"0000026780","company_name":"DANA Inc","filed_at":"2026-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.303945+00:00","generated_at":"2026-05-16T11:51:40.549610+00:00","sec_items":["2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Dana completes $2.73B sale of off-highway business to Allison Transmission","bullets":["Purchase price of $2.732B in cash; multiple of 7.5x expected 2025 adjusted EBITDA.","Proceeds to reduce debt by ~$2B, targeting net leverage of 1x over business cycle.","Plans to return $1B to shareholders through 2027; $650M already returned since announcement.","Dana becomes more focused on light- and commercial-vehicle traditional and electrified systems.","Transaction closed Jan 1, 2026; Goldman Sachs & Morgan Stanley were financial advisors."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-26-000006","json":"https://secwatch.observer/filing/0000950142-26-000006.json","markdown":"https://secwatch.observer/filing/0000950142-26-000006.md","text":"https://secwatch.observer/filing/0000950142-26-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/26780/000095014226000006/0000950142-26-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/26780/000095014226000006/eh260721543_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:51:40.549610+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}