PHINIA Executive Automatically Reinvests Dividends, Strengthening Position
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA Vice President and GM of Fuel Systems Americas, Michael Coetzee, reported insider trading activity on June 16, 2025. The transaction involved the acquisition of 108 shares of common stock through dividend reinvestment on restricted stock holdings.
Key details of the transaction:
- Transaction was automatic dividend reinvestment at $0 cost
- Following the transaction, Coetzee owns 29,435 total shares directly
- Of the total shares, 17,314 are restricted stock including reinvested dividends
The Form 4 was filed on June 18, 2025, within the required reporting timeline. The transaction was executed under normal circumstances and not part of a Rule 10b5-1 trading plan. This insider activity represents routine dividend reinvestment rather than a discretionary trading decision by the executive.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coetzee Michael
Role
VP and GM Fuel Syst. Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 108 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,435 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 17,314 shares of restricted stock, including reinvested dividends.
FAQ
What position does Michael Coetzee hold at PHINIA Inc (PHIN)?
Michael Coetzee serves as Vice President and General Manager of Fuel Systems Americas at PHINIA Inc (PHIN).
When was the Form 4 for PHIN insider trading activity signed?
The Form 4 was signed on June 18, 2025, by Kate Vandenberg acting as attorney-in-fact for Michael Coetzee.