LaFreniere Nora E. 4

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.