---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-041304"
form_type: "8-K"
ticker: "DAN"
cik: "0000026780"
company_name: "DANA Inc"
filed_at: "2026-02-06T23:59:59+00:00"
generated_at: "2026-05-16T04:11:34.294908+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "medium"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-041304
- form_type: 8-K
- ticker: DAN
- cik: 0000026780
- company_name: DANA Inc
- filed_at: 2026-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: medium
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26780/000119312526041304/0001193125-26-041304-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26780/000119312526041304/d49676d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-041304
- JSON: https://secwatch.observer/filing/0001193125-26-041304.json
- Plain text: https://secwatch.observer/filing/0001193125-26-041304.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.