PHINIA director granted 8 dividend shares
PHINIA INC. director Samuel R. Chapin reported an acquisition of 8 shares of common stock through a grant-type transaction.
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Rhea-AI Filing Summary
PHINIA INC. director Samuel R. Chapin reported an acquisition of 8 shares of common stock through a grant-type transaction. These shares reflect restricted stock received via automatic reinvestment of dividends on existing restricted stock, as required by the award terms.
After this small, compensation-related acquisition, Chapin directly holds a total of 26,071 PHINIA shares, including 2,148 shares of restricted stock. This is an administrative adjustment tied to dividends rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8 | $0.00 | $0.00 |
Footnotes (2)
- F1. Reflects shares of restricted stock acquired following the automatic reinvestment of dividends on outstanding restricted stock held on the dividend record date, as required by the terms of such award.
- F2. Includes 2,148 shares of restricted stock.
Key Figures
Key Terms
restricted stock financial
automatic reinvestment of dividends financial
dividend record date financial
Form 4 regulatory
FAQ
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What insider transaction did PHINIA (PHIN) report for Samuel R. Chapin?
Was the PHINIA (PHIN) insider transaction a market buy or sell?
What does automatic reinvestment of dividends mean for PHINIA (PHIN) restricted stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.