PHINIA VP receives 43 dividend-reinvested shares
PHINIA INC. executive Michael Coetzee received 43 shares of common stock as a grant tied to dividend reinvestment on existing restricted stock awards.
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Rhea-AI Filing Summary
PHINIA INC. executive Michael Coetzee received 43 shares of common stock as a grant tied to dividend reinvestment on existing restricted stock awards. These shares were acquired at no cash price as required by the award terms. Following this automatic acquisition, Coetzee directly holds 28,259 common shares, including 8,968 shares of restricted stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43 | $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 8,968 shares of restricted stock.
FAQ
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What insider transaction did PHIN (PHINIA INC.) report for Michael Coetzee?
Was the PHINIA (PHIN) insider transaction a market buy or sell?
What role does Michael Coetzee hold at PHINIA INC. in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.