Dana Inc (DAN) director receives 5,522 restricted stock units under 2021 plan
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hernandez Ernesto M
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 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.