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Dana Inc (DAN) director receives 5,522 restricted stock units under 2021 plan

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

Rhea-AI Filing Summary

Dana Incorporated director Ernesto M. Hernandez received a grant of 5,522 restricted stock units on February 6, 2026. The award was made under the Dana Incorporated 2021 Omnibus Incentive Plan at a stated price of $0.0000 per unit and is held directly.

Each unit gives 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, February 6, 2027.

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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*
Hernandez Ernesto M

(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)
02/06/2026
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 5,522 02/06/2027(3) (3) Common Stock, par value $0.01 5,522 $0.0000 5,522 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 full on the first anniversary date of the grant.
/s/ Laura L. Aossey on behalf of Ernesto M. Hernandez 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) disclose for Ernesto M. Hernandez?

Dana Inc disclosed that director Ernesto M. Hernandez received 5,522 restricted stock units on February 6, 2026. The grant was made under the Dana Incorporated 2021 Omnibus Incentive Plan and is reported as directly owned derivative securities on this Form 4 filing.

How many restricted stock units did Ernesto M. Hernandez receive from Dana Inc (DAN)?

Ernesto M. Hernandez received 5,522 restricted stock units from Dana Inc. These units are reported as derivative securities, with 5,522 units beneficially owned following the transaction, and each unit linked to one share of Dana common stock or an equivalent cash amount at Dana’s election.

When do the Dana Inc (DAN) restricted stock units granted to Ernesto M. Hernandez vest?

The restricted stock units granted to Ernesto M. Hernandez vest in full on the first anniversary of the grant date, February 6, 2027. This means all 5,522 units become fully vested together after one year, subject to the plan’s terms and any applicable conditions.

What does each restricted stock unit represent in the Dana Inc (DAN) Form 4 filing?

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, giving the holder economic exposure to dividends during the vesting period.

Under which plan were the restricted stock units for Ernesto M. Hernandez granted at Dana Inc (DAN)?

The restricted stock units for Ernesto M. Hernandez were granted under the Dana Incorporated 2021 Omnibus Incentive Plan. This plan authorizes equity-based compensation such as restricted stock units for eligible participants, aligning director and executive incentives with Dana’s common shareholders.

Is the ownership of the reported Dana Inc (DAN) restricted stock units by Ernesto M. Hernandez direct or indirect?

The Form 4 indicates that the 5,522 restricted stock units are held with direct ownership by Ernesto M. Hernandez. The ownership form is coded as “D” for direct, and there is no footnote indicating any intermediary entity or disclaimer of beneficial ownership.
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