Dana Incorporated Announces 2024 Annual Meeting of Shareholders

Ticker: DAN · Form: DEF 14A · Filed: Mar 14, 2024 · CIK: 26780

Sentiment: neutral

Topics: proxy statement, annual meeting, shareholder voting, corporate governance, Dana Incorporated

TL;DR

<b>Dana Incorporated is holding its 2024 Annual Meeting of Shareholders online on April 24, 2024, and shareholders are encouraged to vote their shares.</b>

AI Summary

DANA INC (DAN) filed a Proxy Statement (DEF 14A) with the SEC on March 14, 2024. Dana Incorporated will hold its 2024 Annual Meeting of Shareholders online on April 24, 2024, at 8:00 a.m. Eastern Time. Shareholders can participate remotely, listen, vote, and submit questions via the internet. The annual report, including consolidated financial statements, is available with the proxy materials. Shareholders are instructed to vote their shares by proxy card, telephone, or internet. The filing is a Definitive Proxy Statement (DEF 14A) filed on March 14, 2024.

Why It Matters

For investors and stakeholders tracking DANA INC, this filing contains several important signals. This filing provides shareholders with essential information and instructions for participating in the annual meeting and exercising their voting rights. The online format allows for broader shareholder participation regardless of location, promoting engagement with company governance.

Risk Assessment

Risk Level: low — DANA INC shows low risk based on this filing. The filing is a routine proxy statement, providing procedural information for an upcoming shareholder meeting with no new financial or strategic disclosures.

Analyst Insight

Shareholders should review the proxy materials and vote their shares by the specified deadline to ensure their voice is heard in company governance.

Key Numbers

Key Players & Entities

FAQ

When did DANA INC file this DEF 14A?

DANA INC filed this Proxy Statement (DEF 14A) with the SEC on March 14, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by DANA INC (DAN).

Where can I read the original DEF 14A filing from DANA INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by DANA INC.

What are the key takeaways from DANA INC's DEF 14A?

DANA INC filed this DEF 14A on March 14, 2024. Key takeaways: Dana Incorporated will hold its 2024 Annual Meeting of Shareholders online on April 24, 2024, at 8:00 a.m. Eastern Time.. Shareholders can participate remotely, listen, vote, and submit questions via the internet.. The annual report, including consolidated financial statements, is available with the proxy materials..

Is DANA INC a risky investment based on this filing?

Based on this DEF 14A, DANA INC presents a relatively low-risk profile. The filing is a routine proxy statement, providing procedural information for an upcoming shareholder meeting with no new financial or strategic disclosures.

What should investors do after reading DANA INC's DEF 14A?

Shareholders should review the proxy materials and vote their shares by the specified deadline to ensure their voice is heard in company governance. The overall sentiment from this filing is neutral.

How does DANA INC compare to its industry peers?

Dana Incorporated is a global supplier of drivetrain, propulsion, and thermal-management technologies for the commercial vehicle and passenger vehicle markets.

Are there regulatory concerns for DANA INC?

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

Industry Context

Dana Incorporated is a global supplier of drivetrain, propulsion, and thermal-management technologies for the commercial vehicle and passenger vehicle markets.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

What Investors Should Do

  1. Review the proxy statement and annual report for details on the 2024 Annual Meeting.
  2. Vote your shares using the provided proxy card, telephone, or internet by the deadline.
  3. Participate in the online meeting on April 24, 2024, to listen, vote, and submit questions.

Key Dates

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine proxy statement for an annual meeting, and does not contain comparative financial data from a previous filing.

Filing Stats: 4,830 words · 19 min read · ~16 pages · Grade level 12.8 · Accepted 2024-03-14 07:00:54

Key Financial Figures

Filing Documents

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 52 Section 16(a) Beneficial Ownership Reporting Compliance 53 Delinquent Section 16(a) Reports 53 Proposal II Submitted for Your Vote – Advisory Vote on Executive Compensation 54 Proposal III Submitted for Your Vote – Ratification of the Appointment of the Independent Registered Public Accounting Firm 55 Proposal IV Submitted for Your Vote – Approval of Amendment to Dana Incorporated 2021 Omnibus Incentive Plan 56 Audit Committee Report 67 Annual Report to Shareholders 68 Other Matters 68 Appendix A – First Amendment To The Dana Incorporated 2021 Omnibus Incentive Plan A-1 TABLE OF CONTENTS Dana Incorporated Notice of Virtual Annual Meeting of Shareholders March 14, 2024 Date: April 24, 2024 Time: 8:00 a.m., Eastern Time Place: Online at www.virtualshareholdermeeting.com/DAN2024 This year's Virtual Annual Meeting of Shareholders will begin promptly at 8:00 a.m., Eastern Time. Shareholders will be able to listen, vote, and submit questions from their home or from any remote location that has Internet connectivity. There will be no physical location for shareholders to attend. Shareholders may only participate online by logging in at www.virtualshareholdermeeting.com/DAN2024. We invite you to participate in the Dana Incorporated 2024 Annual Meeting of Shareholders to: 1. Elect nine (9) Directors for a one-year term expiring in 2025 or upon the election and qualification of their successors; 2. Act on an advisory vote to approve executive compensation; 3. Ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024; 4. Approve the amendment to the Dana Incorporated 2021 Omnibus Incentive Plan; and 5. Transact any other business that is properly submitted before the Annual Meeting or any other adjournments or postponements of the Annual Meeting. The record date

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