Form 4: DANA Director O'Connell Acquires Shares from RSU Vesting

DANA Inc. Director Diarmuid B. O'Connell acquired 10,331 shares of common stock through the vesting of restricted stock units and dividend equivalent rights.

Summary

• Diarmuid B. O'Connell, a Director of DANA Inc. (DAN), acquired a total of 10,331 shares of common stock on February 11, 2026.
• This acquisition resulted from the vesting of 10,104 restricted stock units (RSUs) and 227 dividend equivalent rights (DERs).
• The shares were acquired at a price of $0.0000 per share, indicating they were part of an equity compensation plan.
• Following these transactions, Mr. O'Connell directly beneficially owns 43,588 shares of DANA Inc. common stock.
• 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, and includes dividend equivalent rights.
• The restricted stock units vested in full on the first anniversary date of their grant.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. It's a routine compensation transaction, but the director's increased direct ownership through vested awards can be seen as a minor positive for alignment.

Positives

• A director increasing their direct beneficial ownership through vested equity compensation can signal continued alignment with shareholder interests.
• The acquisition of shares at a $0.0000 price indicates the successful vesting of previously granted equity awards, which is a routine positive for the recipient.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not typically provide broader industry context. This specific filing reflects a routine compensation event for a director within the automotive and commercial vehicle supplier industry.

Stakeholder Impact

• Shareholders: The increase in a director's direct ownership through vested equity compensation aligns the director's interests more closely with shareholders, potentially fostering long-term value creation.
• Employees: This filing does not directly impact employees, but it reflects standard equity compensation practices for senior leadership.

Key Dates

Keywords

DANA Inc., DAN, Form 4, Insider Transaction, Restricted Stock Units, RSU, Dividend Equivalent Rights, DER, Director Ownership, Equity Compensation, Beneficial Ownership