Dana (DAN) director Diarmuid O’Connell awarded 5,522 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dana Incorporated director Diarmuid B. O'Connell received an equity award in the form of restricted stock units. On 02/06/2026, he was granted 5,522 restricted stock units under the Dana Incorporated 2021 Omnibus Incentive Plan.
Each restricted stock unit represents the right to receive one share of Dana common stock or, at Dana's election, cash equal to the market value per share. The units carry dividend equivalent rights and vest in full on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
OConnell Diarmuid B.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,522 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,522 shares (Direct)
Footnotes (1)
- Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan. 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) report for Diarmuid B. O'Connell?
Dana reported that director Diarmuid B. O'Connell received 5,522 restricted stock units on 02/06/2026. These units were granted as part of the Dana Incorporated 2021 Omnibus Incentive Plan and represent a form of equity-based compensation to the director.
How many restricted stock units were granted to the Dana (DAN) director?
Diarmuid B. O'Connell was granted 5,522 restricted stock units. The grant was made on 02/06/2026 under the Dana Incorporated 2021 Omnibus Incentive Plan and is reported as directly owned following the transaction, with 5,522 derivative securities beneficially owned.
When do the restricted stock units granted to the Dana (DAN) director vest?
The restricted stock units vest in full on the first anniversary of the grant date. For this award granted on 02/06/2026, the vesting date is 02/06/2027, assuming the vesting conditions specified in the plan and grant agreement are satisfied.
What does each restricted stock unit represent in the Dana (DAN) Form 4 filing?
Each restricted stock unit represents the right to receive one share of Dana common stock or, at Dana’s election, cash equal to the market value per share. The units also include dividend equivalent rights that mirror dividends paid on Dana common stock.
Is the Dana (DAN) director’s restricted stock unit award a derivative security?
Yes. The award is reported as a derivative security on the Form 4. It is labeled as restricted stock units, with 5,522 derivative securities beneficially owned directly following the transaction and an exercise price shown as $0.0000 per unit.
Under which plan were the Dana (DAN) restricted stock units granted?
The restricted stock units were granted under the Dana Incorporated 2021 Omnibus Incentive Plan. This plan authorizes equity-based awards, and the Form 4 notes that the 5,522 restricted stock units for Diarmuid B. O'Connell were issued pursuant to this plan.