Mack Michael J 4

What Happened
Michael J. Mack, a director of DANA Inc. (DAN), was granted 5,522 restricted stock units (RSUs) on February 6, 2026. The grant is reported as a derivative award (transaction code A) with an acquisition price of $0.00 (standard for RSU grants); the filing shows $0 cash paid at grant. Each RSU represents the right to one share of Dana common stock (or, at Dana’s election, a cash payment equal to market value) and includes dividend equivalent rights.

Key Details

• Transaction date: 2026-02-06; Form 4 filed 2026-02-10 (filed within the required two business days).
• Grant: 5,522 RSUs; reported acquisition price $0.00 (derivative award).
• Shares owned after transaction: not specified in the filing.
• Footnotes: (F1) Award made under the 2021 Omnibus Incentive Plan; (F2) Each RSU converts to one share or cash and carries dividend equivalent rights; (F3) RSUs vest in full on the first anniversary of the grant.
• No sale or open-market purchase occurred — this is a compensation award, not a market trade.

Context
RSU grants are commonly used for director and executive compensation. They do not require an immediate cash outlay by the recipient and only convert to shares (or cash) upon vesting, so they are different from purchases or sales that signal immediate buying/selling activity.