WANDELL KEITH E 4

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.