Form 4: Neto de Abreu reports acquisition/exercise transactions in PHIN
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neto de Abreu Pedro Rui reported acquisition or exercise transactions in a Form 4 filing for PHIN. The filing lists transactions totaling 1,632 shares. Following the reported transactions, holdings were 20,724 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Neto de Abreu Pedro Rui
Role
VP and Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,632 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,724 shares (Direct)
Footnotes (1)
- Represents an award of restricted stock with respect to the Issuer's common stock, which will vest in three substantially equal annual installments beginning February 28, 2027. Includes 3,755 shares of restricted stock and 9,481 restricted stock units.
FAQ
What insider transaction did PHINIA (PHIN) report for Pedro Rui Neto de Abreu?
PHINIA reported that VP and Chief Strategy Officer Pedro Rui Neto de Abreu received an award of 1,632 shares of common stock. This award is structured as restricted stock that vests over time, representing stock-based compensation rather than a market purchase.
What type of equity award did PHINIA (PHIN) grant to Pedro Rui Neto de Abreu?
PHINIA granted Pedro Rui Neto de Abreu an award of restricted stock covering 1,632 common shares. These restricted shares vest in three substantially equal annual installments starting February 28, 2027, tying value realization to continued service and long-term company performance.
What other equity holdings are included in Pedro Rui Neto de Abreu’s PHINIA ownership?
His beneficial ownership of 20,724 PHINIA shares includes 3,755 shares of restricted stock and 9,481 restricted stock units. These forms of equity typically vest over time, encouraging long-term alignment between the executive’s interests and shareholder value creation.