OConnell Diarmuid B. 4

What Happened
Diarmuid B. O'Connell, a director of DANA Inc. (DAN), was credited with 18 shares on 2026-05-29 as an award/other acquisition (derivative). The reported per-share price is $0.00 (no cash paid) — these shares represent dividend equivalent rights that converted into an equity award tied to previously granted restricted stock units (RSUs).

Key Details

• Transaction date: 2026-05-29 (reported on Form 4 filed 2026-06-02). Filing appears timely (filed within two business days).
• Transaction type/code: A (Grant, award or other acquisition) — recorded as a derivative acquisition.
• Shares received: 18 shares; reported price $0.00; total cash consideration $0.
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnote: Dividend equivalent rights accrued on previously granted RSUs and became exercisable proportionately; each dividend equivalent equals the economic equivalent of one Dana common share.

Context: This was an award tied to compensation (dividend equivalents on RSUs), not an open-market purchase or sale. Such awards are routine director compensation and do not necessarily signal insider buying or selling intent.