WANDELL KEITH E 4
4 · DANA Inc · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Dana (DAN) Director Keith E. Wandell Receives RSU Award (5,522)
What Happened
Keith E. Wandell, a director of Dana Inc. (DAN), was granted 5,522 restricted stock units (RSUs) on February 6, 2026. The Form 4 reports this as a derivative award (transaction code A) with an acquisition price of $0 (typical for RSU grants); the economic value will equal the market price of Dana common stock when/if the units convert to shares or cash at Dana's election.
Key Details
- Transaction date: 2026-02-06; Form 4 filed 2026-02-10 (timely — within 2 business days).
- Shares/units granted: 5,522 RSUs; reported price $0 on the filing.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: RSUs granted under the Dana Incorporated 2021 Omnibus Incentive Plan; each RSU represents the right to one share (or cash at Dana's election) and includes dividend equivalent rights; RSUs vest in full on the first anniversary of the grant.
Context
RSU grants are a common form of executive/director compensation and do not represent immediate voting stock or sale activity. The recipient only receives shares (or cash) when the RSUs vest and convert, so this award is compensation-related rather than a direct buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-02-06+5,522→ 5,522 totalFrom: 2027-02-06→ Common Stock, par value $0.01 (5,522 underlying)
Footnotes (3)
- [F1]Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan.
- [F2]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.
- [F3]Restricted stock units granted vest in full on the first anniversary date of the grant.