LaFreniere Nora E. 4

What Happened

• Nora E. LaFreniere, a director of Dana Inc. (DAN), received a grant of 5,522 restricted stock units (RSUs) on 2026-02-06. The grant is reported as an award (transaction code A) with an acquisition price of $0.00 (typical for compensation awards). The RSUs are derivatives that convert into shares (or cash at Dana’s election) and include dividend equivalents.

Key Details

• Transaction date: 2026-02-06; Form 4 filed: 2026-02-10.
• Grant: 5,522 RSUs; reported acquisition price: $0.00; reported value on Form 4: $0 (award/derivative).
• Vesting: RSUs vest in full on the first anniversary of the grant (per footnote).
• RSU terms: Each RSU represents the right to one share of Dana common stock or, at Dana’s election, cash equal to the market value per share; RSUs include dividend equivalent rights.
• Shares owned after transaction: not specified in the supplied filing summary.
• No indication in this summary that the filing was late; the Form 4 shows the filing date as 2026-02-10.

Context

• This is a compensation grant (award) rather than an open-market purchase or sale. Such RSU grants are common for directors and typically reflect compensation, not a direct bullish or bearish trade signal. The economic value to the insider will be realized if/when the RSUs vest and convert to stock (or cash) based on Dana’s share price at that time.