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DANA Inc. (DAN) director reports 12,933-share common stock holding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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*
LaFreniere Nora E.

(Last) (First) (Middle)
ONE CARRIER PLACE

(Street)
FARMINGTON CT 06032

(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)
02/11/2026
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 10,104 A $0.0000 12,706 D
Common Stock, par value $0.01 02/11/2026 M 227 A $0.0000 12,933 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 (1) 02/11/2026 M 227 (1) (1) Common Stock, par value $0.01 227 $0.0000 0.0000 D
Restricted Stock Units (2) 02/11/2026 M 10,104 02/11/2026(3) (3) Common Stock, par value $0.01 10,104 $0.0000 0.0000 D
Explanation of Responses:
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.
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 Nora E. LaFreniere 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.

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.

How many DANA Inc (DAN) shares does Nora E. LaFreniere own after this Form 4?

After the reported transactions, Nora E. LaFreniere beneficially owned 12,933 shares of DANA Inc common stock directly. This total reflects the exercise and conversion of 10,104 restricted stock units and 227 dividend equivalent rights into an equal number of common shares on February 11, 2026.

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.
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