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Dana (NYSE: DAN) SVP Liedberg reports RSU vesting and tax share withholding

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

Rhea-AI Filing Summary

DANA Inc SVP and General Counsel Douglas H. Liedberg reported equity award activity dated February 11, 2026. He acquired 13,877 shares of common stock from vested restricted stock units and 311 shares from dividend equivalent rights, both at an exercise price of $0.0000 per share.

To cover related tax obligations, 6,399 shares of common stock were withheld at $32.07 per share, reducing the number of newly retained shares. After these transactions, he directly owned 194,312 shares of common stock, 26,937 restricted stock units, and 5,546 dividend equivalent rights.

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Insider Liedberg Douglas H
Role SVP, General Counsel and Secty
Type Security Shares Price Value
Exercise Dividend Equivalent Rights 311 $0.00 --
Exercise Restricted Stock Units 13,877 $0.00 --
Exercise Common Stock, par value $0.01 13,877 $0.00 --
Exercise Common Stock, par value $0.01 311 $0.00 --
Tax Withholding Common Stock, par value $0.01 6,399 $32.07 $205K
Holdings After Transaction: Dividend Equivalent Rights — 5,546 shares (Direct); Restricted Stock Units — 26,937 shares (Direct); Common Stock, par value $0.01 — 200,400 shares (Direct)
Footnotes (1)
  1. Represents the total number of shares of common stock withheld for the Reporting Person's tax obligation. 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 three (3) equal annual installments beginning 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*
Liedberg Douglas H
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, General Counsel and Secty
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 13,877 A $0.0000 200,400 D
Common Stock, par value $0.01 02/11/2026 M 311 A $0.0000 200,711 D
Common Stock, par value $0.01 02/11/2026 F 6,399(1) D $32.07 194,312 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 (2) 02/11/2026 M 311 (2) (2) Common Stock, par value $0.01 311 $0.0000 5,546 D
Restricted Stock Units (3) 02/11/2026 M 13,877 02/11/2026(4) (4) Common Stock, par value $0.01 13,877 $0.0000 26,937 D
Explanation of Responses:
1. Represents the total number of shares of common stock withheld for the Reporting Person's tax obligation.
2. 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.
3. 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.
4. Restricted stock units granted vest in three (3) equal annual installments beginning on the first anniversary date of the grant.
/s/ Laura L. Aossey on behalf of Douglas H. Liedberg 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 Inc (DAN) report for Douglas H. Liedberg?

DANA Inc reported that SVP, General Counsel and Secretary Douglas H. Liedberg acquired common shares through vested restricted stock units and dividend equivalent rights, with a portion of shares withheld to satisfy tax obligations related to these equity awards on February 11, 2026.

How many DANA Inc (DAN) shares did Douglas Liedberg acquire from equity awards?

Douglas Liedberg acquired 13,877 DANA Inc common shares from vested restricted stock units and 311 shares from dividend equivalent rights. Both were exercised at $0.0000 per share, reflecting equity compensation rather than an open-market purchase of the company’s stock.

How many DANA Inc (DAN) shares were withheld for Douglas Liedberg’s taxes?

A total of 6,399 DANA Inc common shares were withheld to satisfy Douglas Liedberg’s tax obligation. These shares were valued at $32.07 per share, representing payment of taxes through stock withholding rather than a discretionary sale into the market.

What is Douglas Liedberg’s direct DANA Inc (DAN) share ownership after the Form 4?

Following the reported transactions, Douglas Liedberg directly owned 194,312 DANA Inc common shares. This figure reflects the net effect of shares received from vested awards and those withheld to cover his tax liabilities on February 11, 2026.

What derivative awards in DANA Inc (DAN) does Douglas Liedberg hold after these transactions?

After the transactions, Douglas Liedberg held 26,937 restricted stock units and 5,546 dividend equivalent rights tied to DANA Inc common stock. These derivative awards represent additional potential share-based compensation subject to the company’s vesting and settlement terms.

Were Douglas Liedberg’s DANA Inc (DAN) transactions open-market buys or equity award vesting?

The transactions were related to equity award vesting and derivative exercises, not open-market purchases. Common shares came from converting restricted stock units and dividend equivalent rights, while shares withheld at $32.07 per share were used to pay associated tax obligations.