Dana grants PSUs to NEOs (excl. CEO) with 4-year stock price targets; max 3x target payout

DANA Inc

Board approved PSUs under 2021 Omnibus Plan; eligible participants include named executive officers other than CEO Bruce McDonald.
PSUs vest based on stock-price goals over a 4-year period (Jan 1, 2026 – Dec 31, 2029); actual payout ranges from 0% to 300% of target.
Earned PSUs settle in two equal installments in early 2030 and early 2031 via common stock issuance.
PSUs subject to clawback policy; no right to continued employment or influence on benefit plans.
No specific grant quantities or individual award amounts disclosed in the filing.

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