DANA Inc. (DAN) director reports 12,933-share common stock holding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DANA Inc. director Nora E. LaFreniere reported acquiring Dana common stock through the exercise of equity awards. On 02/11/2026 she converted 10,104 restricted stock units and 227 dividend equivalent rights into an equal number of Dana common shares at an exercise price of $0.0000 per share. After these transactions, she directly beneficially owned 12,933 shares of Dana common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,331 shares exercised/converted
Mixed
4 txns
Insider
LaFreniere Nora E.
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 — 12,706 shares (Direct)
Footnotes (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.
FAQ
What insider activity did DANA Inc (DAN) disclose for Nora E. LaFreniere?
DANA Inc disclosed that director Nora E. LaFreniere exercised equity awards, converting 10,104 restricted stock units and 227 dividend equivalent rights into Dana common shares. These transactions were reported as derivative conversions on February 11, 2026 at an exercise price of $0.0000 per share.
What types of derivative awards did the DANA Inc (DAN) director exercise?
The DANA Inc director exercised restricted stock units and dividend equivalent rights. She converted 10,104 restricted stock units and 227 dividend equivalent rights, each representing the right to receive one share of Dana common stock or cash equal to its market value, into Dana common shares.
What does the Form 4 say about DANA Inc (DAN) dividend equivalent rights?
The filing explains that dividend equivalent rights accrued on previously granted restricted stock units and become exercisable proportionately with those units once vested. In this report, 227 dividend equivalent rights were converted into an equal number of Dana common shares at an exercise price of $0.0000 per share.
How do restricted stock units work for DANA Inc (DAN) in this 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 filing notes that restricted stock units granted vest in full on the first anniversary of the grant and include dividend equivalent rights.
Were the DANA Inc (DAN) director’s equity awards exercised at a cost?
No cash exercise cost was reported for these equity awards. The Form 4 shows the conversion of 10,104 restricted stock units and 227 dividend equivalent rights into Dana common shares, each at an exercise price of $0.0000 per share on February 11, 2026.