Form 4: Dana Inc. Director LaFreniere Acquires Shares Through Restricted Stock Unit Vesting

Director Nora E. LaFreniere acquired 2,602 shares of Dana Inc. common stock on February 14, 2025, through the vesting of restricted stock units.

Summary

• On February 14, 2025, Nora E. LaFreniere, a director of Dana Inc., acquired 2,602 shares of common stock.
• This acquisition resulted from the vesting of restricted stock units (RSUs).
• Each RSU represents the right to receive one share of Dana common stock or cash equal to the market value per share, at Dana's election.
• The RSUs vested in full on February 14, 2025.
• The transaction was executed under Transaction Code M.
• Following the transaction, LaFreniere directly owns 2,602 shares of Dana Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral event, reflecting scheduled vesting of compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted compensation in the form of restricted stock units.

Stakeholder Impact

• The vesting of RSUs may have a minor dilutive effect on existing shareholders.

Key Dates