Pour Brian Keith 4
4 · DANA Inc · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
DANA (DAN) SVP Brian Pour Exercises RSUs; Shares Withheld
What Happened
Brian Keith Pour, Senior Vice President & President — Commercial Vehicle Drive at DANA Inc (DAN), had restricted stock units convert into common shares on February 11, 2026. A total of 29,940 RSUs were converted (exercise/conversion reported under code M at $0.00 per share). To satisfy tax withholding obligations, 6,697 shares were withheld (reported under code F) at an indicated price of $32.07 per share, totaling approximately $214,773. The RSUs carry dividend equivalent rights per the filing.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-12 (timely).
- Conversion/exercise entries (code M): 14,640 + 330 + 330 + 14,640 = 29,940 RSUs converted at $0.00 (no cash exercise price).
- Tax withholding (code F): 6,697 shares withheld @ $32.07 = $214,773 to cover tax liability (footnote F1).
- Net shares likely issued to Pour: 29,940 converted − 6,697 withheld = 23,243 shares (based on the reported entries).
- Footnotes: F2–F4 indicate these were restricted stock units with dividend equivalents and a standard multi-year vesting schedule; F1 explains the withheld shares cover tax obligations.
- Shares owned after the transaction were not included in the provided excerpt.
Context
This was a vesting/settlement of RSUs (not an open-market purchase or discretionary sale). Withholding shares to cover taxes is a routine administrative step (a cashless/withholding settlement) and does not necessarily indicate a buy or sell decision by the insider. For retail investors, purchases are typically more informative about insider confidence; this filing documents compensation settlement rather than a market trade.
Insider Transaction Report
- Exercise/Conversion
Common Stock, par value $0.01
2026-02-11+14,640→ 25,966 total - Exercise/Conversion
Common Stock, par value $0.01
2026-02-11+330→ 26,296 total - Tax Payment
Common Stock, par value $0.01
[F1]2026-02-11$32.07/sh−6,697$214,773→ 19,599 total - Exercise/Conversion
Dividend Equivalent Rights
[F2]2026-02-11−330→ 4,582 total→ Common Stock, par value $0.01 (330 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-02-11−14,640→ 28,417 totalFrom: 2026-02-11→ Common Stock, par value $0.01 (14,640 underlying)
Footnotes (4)
- [F1]Represents the total number of shares of common stock withheld for the Reporting Person's tax obligation.
- [F2]Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate, which have vested.
- [F3]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.
- [F4]Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.