PHINIA executive granted 33 shares via dividends
PHINIA INC. executive Michael Coetzee reported an automatic acquisition of additional common shares through dividend reinvestment on restricted stock.
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Rhea-AI Filing Summary
PHINIA INC. executive Michael Coetzee reported an automatic acquisition of additional common shares through dividend reinvestment on restricted stock. On this award-related transaction, he received 33 shares of common stock at no cash cost, increasing his direct holdings to 27,042 shares. The position includes 9,001 shares of restricted stock subject to award terms, so this filing mainly reflects routine compensation mechanics rather than an open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 33 | $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 9,001 shares of restricted stock.
Key Figures
Key Terms
restricted stock financial
automatic reinvestment of dividends financial
dividend record date financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PHINIA (PHIN) report for Michael Coetzee?
Was the PHINIA (PHIN) insider transaction an open-market buy or a grant?
What does dividend reinvestment on restricted stock mean for PHINIA (PHIN) insiders?
AI-generated analysis. How Rhea-AI works. Not financial advice.