Dana (DAN) director receives grant of 5,522 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dana Incorporated director Michael J. Mack Jr. reported receiving 5,522 restricted stock units on February 6, 2026 under the Dana Incorporated 2021 Omnibus Incentive Plan. Following this grant, he beneficially owns 5,522 derivative securities directly.
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, and includes dividend equivalent rights. The restricted stock units 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
Mack Michael J
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 Michael J. Mack Jr.?
Dana reported that director Michael J. Mack Jr. received 5,522 restricted stock units on February 6, 2026. The grant was made under the Dana Incorporated 2021 Omnibus Incentive Plan and increased his directly held derivative securities to 5,522 units.
How many restricted stock units were granted to Dana director Michael J. Mack Jr.?
Michael J. Mack Jr. was granted 5,522 restricted stock units. These units were awarded on February 6, 2026 under the Dana Incorporated 2021 Omnibus Incentive Plan and represent his full reported beneficial ownership of derivative securities after the transaction.
When do Michael J. Mack Jr.’s restricted stock units at Dana vest?
The restricted stock units granted to Michael J. Mack Jr. vest in full on the first anniversary of the February 6, 2026 grant date. This means 100% of the 5,522 units are scheduled to vest one year after the grant.
What does each restricted stock unit granted by Dana to Michael J. Mack Jr. 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 according to the filing’s description.
Under which plan were the restricted stock units granted to the Dana director?
The 5,522 restricted stock units were granted under the Dana Incorporated 2021 Omnibus Incentive Plan. This plan is the governing equity compensation program referenced in the filing for awards made to director Michael J. Mack Jr.
Does Michael J. Mack Jr. hold his Dana restricted stock units directly or indirectly?
The filing shows that Michael J. Mack Jr. holds the 5,522 restricted stock units directly. The ownership form is marked as “D” for direct, with no separate entity or indirect ownership structure indicated in the report.