Director Nelligan adds 2,586 Dana (DAN) shares via RSU conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dana Inc. director Hanna Olivia Nelligan acquired 2,586 shares of common stock on February 11, 2026 through the exercise and conversion of equity awards reported on a Form 4.
The filing shows the conversion of 2,575 restricted stock units and 11 dividend equivalent rights at an exercise price of $0.0000 per share into common stock. Following these transactions, Nelligan directly owns 2,586 shares of Dana common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,586 shares exercised/converted
Mixed
4 txns
Insider
Nelligan Hanna Olivia
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 11 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,575 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 | 2,575 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 | 11 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 0 shares (Direct);
Restricted Stock Units — 0 shares (Direct);
Common Stock, par value $0.01 — 2,575 shares (Direct)
Footnotes (1)
- Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate, which have vested. Each restricted stock unit granted represents the right to receive one share of Dana common stock or, at the election of Dana, cash equal to the market value per share. Each restricted stock unit contains dividend equivalent rights. Restricted stock units granted vest in full on the first anniversary date of the grant.
FAQ
What insider transaction did Dana (DAN) disclose for Hanna Olivia Nelligan?
Dana disclosed that director Hanna Olivia Nelligan acquired 2,586 shares of common stock. The shares came from exercising 2,575 restricted stock units and 11 dividend equivalent rights, all at a $0.0000 exercise price, on February 11, 2026.
What equity awards were converted into Dana (DAN) common stock in this filing?
The filing shows 2,575 restricted stock units and 11 dividend equivalent rights converted into Dana common stock. Each restricted stock unit represents one share or equivalent cash, and the dividend equivalents accrued on those units and became exercisable as the units vested.
What was the exercise price for the Dana (DAN) equity award conversions?
The exercise price for converting both the restricted stock units and the dividend equivalent rights into Dana common stock was $0.0000 per share. This means Nelligan did not pay additional cash to receive the 2,586 common shares reported.
What does the Form 4 say about vesting of Dana (DAN) restricted stock units?
The Form 4 explains that the restricted stock units granted vest in full on the first anniversary of the grant date. Dividend equivalent rights tied to these units accrue and become exercisable proportionately as the related restricted stock units vest.