Pour Brian Keith 4
Research Summary
AI-generated summary
DANA Inc (DAN) SVP Brian Pour Receives Restricted Stock Award
What Happened
- Brian Keith Pour, Senior Vice President and President, Commercial Vehicle Drive at DANA Inc (DAN), was granted 20,321 restricted stock units (RSUs) on February 6, 2026. The Form 4 shows an acquisition price of $0.00 because these are derivative equity awards (not an open-market purchase). The filing reports the grant but does not state a cash value on the form itself.
Key Details
- Transaction date: 2026-02-06; Form filed: 2026-02-10 (appears to be within the standard 2 business‑day filing window).
- Award: 20,321 restricted stock units (transaction code A); price reported as $0.00 on the Form 4 (typical for RSU grants).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes from the filing:
- RSUs granted under the Dana Incorporated 2021 Omnibus Incentive Plan.
- Each RSU represents the right to receive one share of Dana common stock (or, at Dana's election, cash equal to market value) and includes dividend equivalent rights.
- RSUs vest in three equal annual installments beginning on the first anniversary of the grant.
- No indication in the filing that this was a sale, cashless exercise, gift, or tax-withholding event.
Context
- RSU grants are a form of compensation and are routine for executives; they are not the same signal as an open-market purchase (which can be a stronger bullish indicator). These RSUs are derivative awards that will convert to shares (or cash) as they vest over three years, and include dividend equivalents until conversion.