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Dana (DAN) director exercises vested stock units for new shares

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

Rhea-AI Filing Summary

Dana Inc. director Michael J. Mack Jr. acquired additional Dana common stock through the exercise of previously granted equity awards. On February 11, 2026, he received 10,104 shares of common stock from vested restricted stock units and 227 shares from dividend equivalent rights, both at an exercise price of $0.0000 per share. Following these transactions, he directly owned 64,061 shares of Dana common stock. The restricted stock units and related dividend equivalents had vested under the company’s equity compensation arrangements.

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Insider Mack Michael J
Role Director
Type Security Shares Price Value
Exercise Dividend Equivalent Rights 227 $0.00 --
Exercise Restricted Stock Units 10,104 $0.00 --
Exercise Common Stock, par value $0.01 10,104 $0.00 --
Exercise Common Stock, par value $0.01 227 $0.00 --
Holdings After Transaction: Dividend Equivalent Rights — 0 shares (Direct); Restricted Stock Units — 0 shares (Direct); Common Stock, par value $0.01 — 63,834 shares (Direct)
Footnotes (1)
  1. Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate, which have vested. 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.
Form 4 Insider Transactions: What Each Field Means →
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*
Mack Michael J
(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)
02/11/2026
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
Common Stock, par value $0.01 02/11/2026 M 10,104 A $0.0000 63,834 D
Common Stock, par value $0.01 02/11/2026 M 227 A $0.0000 64,061 D
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
Dividend Equivalent Rights (1) 02/11/2026 M 227 (1) (1) Common Stock, par value $0.01 227 $0.0000 0.0000 D
Restricted Stock Units (2) 02/11/2026 M 10,104 02/11/2026(3) (3) Common Stock, par value $0.01 10,104 $0.0000 0.0000 D
Explanation of Responses:
1. Dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with the restricted stock units to which they relate, which have vested.
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 Michael J. Mack, Jr. 02/12/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Dana (DAN) report for Michael J. Mack Jr.?

Dana director Michael J. Mack Jr. exercised vested equity awards to acquire common stock. On February 11, 2026, he received 10,104 shares from restricted stock units and 227 shares from dividend equivalent rights, both at an exercise price of $0.0000 per share.

How many Dana (DAN) shares does Michael J. Mack Jr. own after this Form 4?

After the reported transactions, Michael J. Mack Jr. directly owns 64,061 shares of Dana common stock. This total reflects shares received from exercising vested restricted stock units and associated dividend equivalent rights on February 11, 2026, under Dana’s equity compensation arrangements.

What are the details of the restricted stock unit exercise reported by Dana (DAN)?

The filing shows Mack exercised restricted stock units into 10,104 Dana common shares at $0.0000 per share. Each unit entitled him to one share of common stock or equivalent cash value, and these restricted stock units had vested before the February 11, 2026 transaction date.

How were dividend equivalent rights used in this Dana (DAN) insider transaction?

Dividend equivalent rights tied to previously granted restricted stock units were exercised for 227 Dana common shares at $0.0000 per share. These rights accrued on the units and became exercisable proportionately as the related restricted stock units vested, according to the filing’s explanation.

What do Dana (DAN) restricted stock units represent for Michael J. Mack Jr.?

Each restricted stock unit grants Mack the right to receive one share of Dana common stock or, at Dana’s election, cash equal to the share’s market value. The units include dividend equivalent rights and, in this case, vested in full on the first anniversary of the grant date.

When did the reported Dana (DAN) equity awards vest for Michael J. Mack Jr.?

The filing states the restricted stock units vest in full on the first anniversary date of the grant. The dividend equivalent rights become exercisable proportionately with those units as they vest, and the reported exercises occurred on February 11, 2026, after vesting.