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Dana Inc (DAN) grants 2,840 restricted stock units to accounting chief

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

Rhea-AI Filing Summary

Dana Inc. reported that VP & Chief Accounting Officer James D. Kellett received a grant of 2,840 restricted stock units on February 6, 2026 under the Dana Incorporated 2021 Omnibus Incentive Plan.

Each unit represents the right to receive one share of Dana common stock or, at Dana’s election, cash equal to the share’s market value, and includes dividend equivalent rights. The units vest in three equal annual installments beginning on the first anniversary of the grant date, aligning a portion of Kellett’s compensation with long-term shareholder value.

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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*
Kellett James D

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP & Chief Accounting Officer
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 2,840 02/06/2027(3) (3) Common Stock, par value $0.01 2,840 $0.0000 2,840 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 three (3) equal annual installments beginning on the first anniversary date of the grant.
/s/ Laura L. Aossey on behalf of James D. Kellett 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 insider transaction did Dana Inc (DAN) report for James D. Kellett?

Dana Inc reported that VP & Chief Accounting Officer James D. Kellett received 2,840 restricted stock units on February 6, 2026. The award comes under the 2021 Omnibus Incentive Plan and represents equity-based compensation tied to Dana’s common stock performance over time.

How many restricted stock units did Dana Inc (DAN) grant to its VP & Chief Accounting Officer?

Dana Inc granted 2,840 restricted stock units to VP & Chief Accounting Officer James D. Kellett. These units give a right to receive an equal number of Dana common shares or equivalent cash, subject to vesting conditions, effectively increasing his equity-linked compensation stake.

When do the new Dana Inc (DAN) restricted stock units for James D. Kellett vest?

The restricted stock units granted to James D. Kellett vest in three equal annual installments. Vesting starts on the first anniversary of the February 6, 2026 grant date, spreading the award over three years and encouraging longer-term alignment with Dana’s business performance.

What does each Dana Inc (DAN) restricted stock unit granted to James D. Kellett represent?

Each restricted stock unit represents the right to receive one share of Dana common stock or, at Dana’s election, cash equal to that share’s market value. The units also include dividend equivalent rights, mirroring dividends that would be paid on the underlying shares during the restriction period.

Does James D. Kellett’s Dana Inc (DAN) RSU grant include dividend equivalents?

Yes. Each restricted stock unit granted to James D. Kellett contains dividend equivalent rights. That means he is credited with the economic value of dividends declared on Dana common shares for the units during the vesting period, enhancing the overall compensation value of the award.

Under which plan were the Dana Inc (DAN) restricted stock units granted to James D. Kellett?

The 2,840 restricted stock units for James D. Kellett were granted under the Dana Incorporated 2021 Omnibus Incentive Plan. This plan authorizes equity-based awards such as restricted stock units to align executives and key employees with the long-term performance of Dana’s common stock.
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