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Director at Dana Inc. (DAN) receives grant of 5,522 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dana Inc. director Keith E. Wandell received a grant of 5,522 restricted stock units on February 6, 2026 under the Dana Incorporated 2021 Omnibus Incentive Plan. Each unit represents the right to one share of Dana common stock or equivalent cash value and includes dividend equivalent rights.

The restricted stock units vest in full on the first anniversary of the grant date, after which the underlying shares or cash may be delivered, depending on Dana’s election.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WANDELL KEITH E

(Last) (First) (Middle)
3939 TECHNOLOGY DRIVE

(Street)
MAUMEE OH 43537

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DANA Inc [ DAN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units(1) (2) 02/06/2026 A 5,522 02/06/2027(3) (3) Common Stock, par value $0.01 5,522 $0.0000 5,522 D
Explanation of Responses:
1. Restricted stock units granted pursuant to the Dana Incorporated 2021 Omnibus Incentive Plan.
2. 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.
3. Restricted stock units granted vest in full on the first anniversary date of the grant.
/s/ Laura L. Aossey on behalf of Keith E. Wandell 02/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Dana Inc. (DAN) disclose in this Form 4 filing?

Dana Inc. disclosed that director Keith E. Wandell received 5,522 restricted stock units on February 6, 2026. These units were granted under the 2021 Omnibus Incentive Plan and represent deferred equity-based compensation with specific vesting and settlement terms.

How many restricted stock units were granted to Keith E. Wandell at Dana Inc. (DAN)?

Keith E. Wandell was granted 5,522 restricted stock units as reported in the Form 4. This equity award is recorded as a derivative security and is held directly, with 5,522 derivative securities beneficially owned following the reported transaction.

When do Keith E. Wandell’s Dana Inc. (DAN) restricted stock units vest?

The restricted stock units granted to Keith E. Wandell vest in full on the first anniversary of the February 6, 2026 grant date. After vesting, the award may settle in Dana common stock or cash, consistent with the plan’s terms and Dana’s election.

What does each Dana Inc. (DAN) restricted stock unit granted to Keith E. Wandell represent?

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 carry dividend equivalent rights, mirroring dividends paid on Dana common stock.

Under which plan were the Dana Inc. (DAN) restricted stock units granted to Keith E. Wandell?

The restricted stock units were granted under the Dana Incorporated 2021 Omnibus Incentive Plan. This plan authorizes equity-based awards, such as restricted stock units, to directors and other participants as part of their overall compensation structure and long-term incentives.

Is Keith E. Wandell’s ownership of the Dana Inc. (DAN) restricted stock units direct or indirect?

Keith E. Wandell’s beneficial ownership of the 5,522 restricted stock units is reported as direct. The Form 4 does not attribute these units to any trust, partnership, or other related entity, indicating they are held in his own name for reporting purposes.
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