Dana director acquires shares via equity awards
Dana Inc. director Michael J. Mack Jr. acquired additional Dana common stock through the exercise of previously granted equity awards.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 227 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 10,104 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 10,104 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 | 227 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. Restricted stock units granted vest in full on the first anniversary date of the grant.
FAQ
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What insider transaction did Dana (DAN) report for Michael J. Mack Jr.?
What are the details of the restricted stock unit exercise reported by Dana (DAN)?
How were dividend equivalent rights used in this Dana (DAN) insider transaction?
What do Dana (DAN) restricted stock units represent for Michael J. Mack Jr.?
When did the reported Dana (DAN) equity awards vest for Michael J. Mack Jr.?
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