DANA (DAN) Director Hanna Olivia Nelligan Receives 21-Share Award

What Happened

• Hanna Olivia Nelligan, a director of DANA Inc. (DAN), was granted/acquired 21 derivative shares on August 28, 2026. The transaction is reported as an award/acquisition (code A) with an acquisition price of $0 — these are derivative shares tied to previously granted restricted stock units, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-28
• Transaction type: Award/Acquisition of derivative shares (Form 4 code A)
• Shares acquired: 21 derivative shares; reported price per share: $0.00 (no cash paid)
• Shares owned after transaction: Not specified in the provided excerpt of the filing
• Footnote: Dividend equivalent rights accrued on previously granted RSUs and become exercisable proportionately with those RSUs; each dividend equivalent right equals the economic equivalent of one share of Dana common stock (Footnote F1)
• Filing date / accession: Filed 2026-09-02 (no late-filing indicator provided in the excerpt)

Context

• These 21 units are dividend-equivalent rights tied to existing restricted stock units (RSUs). They represent a compensation-related adjustment (not a market purchase), and will vest/exercise in line with the underlying RSUs per the footnote. Such awards are common as director compensation and do not by themselves indicate a buy or sell signal in the open market.