PHINIA SVP-CIO sells 1,257 shares at $66.33
PHINIA’s SVP and CIO sold 1,257 shares and now directly holds 15,576 shares, including restricted stock.
Rhea-AI Filing Summary
PHINIA INC. (PHIN) reported that Matthew Logar, its SVP and CIO, sold 1,257 shares of common stock on September 10, 2026 in a sale described as an open-market or private transaction at a weighted average price of $66.3264 per share, with individual trade prices ranging from $66.31 to $66.39. Following this sale, he directly holds 15,576 shares of PHINIA common stock, including 5,710 shares of restricted stock. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,257 shares
Net Sell
1 txn
Insider
Logar Matthew
Role
SVP and CIO
Sold
1,257 shs ($83K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,257 | $66.3264 | $83K |
Holdings After Transaction:
Common Stock — 15,576 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.31 to $66.39, inclusive. The reporting person has provided to the issuer, and will provide to any security holder of the issuer or the staff of the Securities and Exchange Commission upon request, information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F2. Includes 5,710 shares of restricted stock.
Key Figures
Shares sold: 1,257 shares
Weighted average sale price: $66.3264 per share
Shares held after transaction: 15,576 shares
+1 more
4 metrics
Shares sold
1,257 shares
Common stock sold by Matthew Logar on September 10, 2026
Weighted average sale price
$66.3264 per share
Weighted average price for the 1,257 shares sold, with trades from $66.31 to $66.39
Shares held after transaction
15,576 shares
Direct holdings of Matthew Logar after the September 10, 2026 sale
Restricted stock included in holdings
5,710 shares
Portion of post-transaction holdings that is restricted stock
Key Terms
weighted average price, restricted stock, Rule 10b5-1 trading plan
3 terms
weighted average price financial
"The price reported ... is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock financial
"Includes 5,710 shares of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PHIN (PHINIA INC.) disclose for Matthew Logar?
PHINIA INC. disclosed that SVP and CIO Matthew Logar sold 1,257 shares of common stock on September 10, 2026 in a sale described as an open-market or private transaction, at a weighted average price of $66.3264 per share.
Was the PHIN insider sale made under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox is not marked as plan-based for this Form 4, and the footnotes do not state that the sale was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.