Liedberg Douglas H 4

4 · DANA Inc · Filed Feb 10, 2026

AI-generated summary of this filing

Updated Feb 10, 2026

DANA (DAN) GC Douglas Liedberg Receives Awards, Withholds Shares

What Happened

Douglas H. Liedberg, Senior Vice President, General Counsel and Secretary of DANA Inc., had performance-based awards vest on 2026-02-06 that resulted in the acquisition of 80,701 shares at an equivalent value of $30.40/share (≈ $2,453,310). To satisfy tax obligations on the vesting, 37,167 shares were withheld (disposed) at the same $30.40/share (≈ $1,129,877). In addition, 17,666 restricted stock units were granted (RSUs) and 1,208 derivative-related shares were converted/exercised and recorded (net $0 in exercise price).

Key Details

Transaction date: 2026-02-06; filing date: 2026-02-10 (filed on time — within the two business-day Form 4 window).
Vested performance shares acquired: 80,701 shares at $30.40 = $2,453,310.
Shares withheld for taxes (disposed): 37,167 shares at $30.40 = $1,129,877.
Derivative conversions/exercises: 1,208 shares shown as exercised/converted (reported at $0 exercise price); 17,666 RSUs granted (reported at $0).
Shares owned after the transactions: not specified in the provided filing excerpt.
Relevant footnotes: F1 (vesting of performance shares), F2 (shares withheld to satisfy tax obligations), F3 (dividend equivalent rights on performance units), F4–F6 (RSUs granted under the 2021 Omnibus Incentive Plan; contain dividend equivalents and vest in three equal annual installments).

Context

These entries reflect compensation-related equity activity (vesting of performance shares and grant of RSUs) rather than open-market purchases or discretionary sales. The tax withholding is a routine disposition to cover withholding obligations. The small derivative entries likely represent conversion/exercise of dividend-equivalent or other derivative units tied to the awards rather than a standalone option purchase.

Form 4

Period: 2026-02-06

SVP, General Counsel and Secty

Transactions

Award
Common Stock, par value $0.01
[F1]
2026-02-06$30.40/sh+80,701$2,453,310→ 222,482 total
Exercise/Conversion
Common Stock, par value $0.01
2026-02-06+1,208→ 223,690 total
Tax Payment
Common Stock, par value $0.01
[F2]
2026-02-06$30.40/sh−37,167$1,129,877→ 186,523 total
Exercise/Conversion
Dividend Equivalent Rights
[F3]
2026-02-06−1,208→ 5,857 total
→ Common Stock, par value $0.01 (1,208 underlying)
Award
Restricted Stock Units
[F4][F5][F6]
2026-02-06+17,666→ 17,666 total
From: 2027-02-06→ Common Stock, par value $0.01 (17,666 underlying)

Footnotes (6)

[F1]Represents the acquisition of common stock resulting from the vesting of performance shares.
[F2]Represents shares withheld to satisfy tax obligations upon vesting of performance shares.
[F3]Dividend equivalent rights accrued on previously granted performance share units and become exercisable proportionately with the performance share units to which they relate, which have been awarded and distributed.
[F4]Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan.
[F5]Each restricted stock unit granted represents the right to receive one share of Dana common stock or, at the election of Dana, cash equal to the market value per share. Each restricted stock unit contains dividend equivalent rights.
[F6]Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.

Signature

/s/ Laura L. Aossey on behalf of Douglas H. Liedberg|2026-02-10

1 file