PHINIA Executive Shows Confidence as Legal Chief Automatically Reinvests Dividends
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Boyle Robert
Role
VP, GC and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 159 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,438 shares (Direct)
Footnotes (1)
- 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. Includes 25,380 shares of restricted stock, including reinvested dividends.
FAQ
What position does Robert Boyle hold at PHIN?
Robert Boyle serves as Vice President, General Counsel and Secretary at PHINIA Inc., as indicated in the Form 4 filing.
When was PHIN's Form 4 for Robert Boyle's transaction filed?
The Form 4 was filed on June 28, 2025, and was signed by Kate Vandenberg as attorney-in-fact for Robert Boyle on June 18, 2025.