Director at Dana Inc. (DAN) receives grant of 5,522 restricted stock units
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WANDELL KEITH E
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 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.