PHINIA (NYSE: PHIN) SVP gets 69 dividend reinvested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA INC. senior vice president, general counsel and secretary Robert Boyle received a grant of 69 shares of common stock at no cost. These were restricted shares acquired through automatic dividend reinvestment on his existing restricted stock. Following this award, he directly holds 35,719 shares, including 14,466 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boyle Robert
Role
SVP, GC and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 69 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 35,719 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 14,466 shares of restricted stock.
FAQ
What insider transaction did PHINIA (PHIN) report for Robert Boyle?
PHINIA reported that SVP, general counsel and secretary Robert Boyle acquired 69 shares of common stock. The shares were granted as restricted stock through automatic reinvestment of dividends on his existing restricted stock holdings, rather than through an open-market purchase.
Was the PHINIA (PHIN) insider transaction an open-market purchase or a grant?
The transaction was a grant of restricted stock, not an open-market purchase. The 69 shares were acquired automatically through reinvestment of dividends on outstanding restricted stock, consistent with the terms governing those prior awards, at a reported price of $0.00 per share.
What does the Form 4 code “A” mean in PHINIA (PHIN) Robert Boyle’s filing?
The Form 4 transaction code “A” in this filing indicates a grant, award, or other acquisition of shares. For Robert Boyle, it represents an automatic restricted stock grant of 69 shares tied to dividend reinvestment on his existing restricted stock awards.