Karlin Bridget E 4

What Happened
Bridget E. Karlin, a director of DANA Inc. (DAN), received a grant of 5,522 restricted stock units (RSUs) on 2026-02-06. The award is recorded as a derivative grant at $0.00 (typical for RSU grants since value is tied to future stock price) and represents the right to receive one share of Dana common stock (or, at Dana’s election, cash equal to market value) when vested. This is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-06 — Grant/award (code A) of 5,522 RSUs at $0.00 (derivative).
• Vesting: RSUs vest in full on the first anniversary of the grant (per footnote).
• RSU terms: Each RSU equals one share or cash at Dana’s election and includes dividend equivalent rights (footnotes F1–F3).
• Shares owned after transaction: Not disclosed in the provided Form 4 excerpt.
• Filing timeliness: Form filed 2026-02-10 for a 2026-02-06 transaction — marked late (L) in the filing; late filings can reduce transparency but do not by themselves indicate wrongdoing.

Context
RSU grants are standard executive/director compensation and do not by themselves signal a buy or sell decision by the insider. These RSUs will convert to shares (or cash) only after vesting on the one-year anniversary; there was no immediate sale or exercise associated with this grant.