Hernandez Ernesto M 4

What Happened

• Ernesto M. Hernandez, a director of DANA Inc. (DAN), was granted 21 derivative units (recorded as 21 "shares") on 2026-03-20. The award is shown at $0.00 per unit (total reported value $0) and is reported on a Form 4 filed 2026-03-24. This transaction is an award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-20; filing date: 2026-03-24 (filed within the 2-business-day Form 4 requirement).
• Quantity and price: 21 units acquired at $0.00 each (total $0).
• Transaction type: Award/Grant (derivative). Transaction code: A.
• Shares owned after the transaction: not specified in the provided filing extract.
• Notable footnote (F1): these are dividend-equivalent rights accrued on previously granted restricted stock units (RSUs) and become exercisable proportionately with those RSUs; each dividend-equivalent right is the economic equivalent of one share of Dana common stock.

Context

• This was a compensation-related grant (dividend equivalents tied to RSUs), not a buy or sell in the open market. Such awards are routine forms of director/employee compensation and do not by themselves signal insider buying or selling intent. The filing appears timely.