LaFreniere Nora E. 4
4 · DANA Inc · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
DANA (DAN) Director Nora LaFreniere Receives Award of 21 Shares
What Happened
Nora E. LaFreniere, a director of DANA Inc. (DAN), was awarded 21 derivative shares on March 20, 2026. The filing reports these as dividend-equivalent rights related to previously granted restricted stock units (RSUs) with an acquisition price of $0.00 (no cash paid).
Key Details
- Transaction date: 2026-03-20; Report filed: 2026-03-24 (filing appears timely).
- Shares acquired: 21 dividend-equivalent rights / derivative shares; reported price: $0.00.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Dividend equivalent rights accrued on previously granted RSUs and become exercisable proportionately with those RSUs; each right equals the economic equivalent of one share of Dana common stock.
- Transaction code: A (award/grant of derivative securities).
Context
This was an equity award (derivative dividend equivalents tied to RSUs), not a market purchase or sale. Such dividend-equivalent accruals are common compensation mechanics and do not by themselves indicate insider buying or selling sentiment.
Insider Transaction Report
Form 4
DANA IncDAN
LaFreniere Nora E.
Director
Transactions
- Award
Dividend Equivalent Rights
[F1]2026-03-20+21→ 21 total→ Common Stock, par value $0.01 (21 underlying)
Footnotes (1)
- [F1]Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of Dana common stock.
Signature
/s/ Laura L. Aossey on behalf of Nora E. LaFreniere|2026-03-24