PHINIA VP Legal Grows Stake to 37,438 Shares Through Dividend Reinvestment
PHINIA Vice President, General Counsel and Secretary Robert Boyle reported insider trading activity on June 16, 2025.
Rhea-AI Filing Summary
PHINIA Vice President, General Counsel and Secretary Robert Boyle reported insider trading activity on June 16, 2025. The transaction involved the acquisition of 159 shares of common stock through dividend reinvestment on restricted stock awards at a price of $0 per share.
Key details of the transaction:
- Following the transaction, Boyle beneficially owns 37,438 shares directly
- Of the total shares owned, 25,380 shares are restricted stock (including reinvested dividends)
- The shares were acquired automatically as per the terms of the restricted stock awards
- Transaction was reported via Form 4 filing on June 18, 2025
This transaction represents a routine dividend reinvestment event rather than an open market purchase or sale, indicating continued alignment between the executive's and shareholders' interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 159 | $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 awards.
- F2. Includes 25,380 shares of restricted stock, including reinvested dividends.
FAQ
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What position does Robert Boyle hold at PHIN?
When was PHIN's Form 4 for Robert Boyle's transaction filed?
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