PHINIA CEO granted 668 dividend reinvested shares
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Rhea-AI Filing Summary
PHINIA INC. President and CEO Brady D. Ericson received an automatic share award through dividend reinvestment. On this Form 4, he acquired 668 shares of common stock as restricted stock, with no cash paid, following the automatic reinvestment of dividends on previously granted restricted stock awards.
After this grant, he directly holds 389,029 common shares, including 140,204 shares of restricted stock. This is a routine, compensation-related adjustment tied to dividend reinvestment rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 668 | $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 140,204 shares of restricted stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PHINIA (PHIN) report for Brady D. Ericson?
Was the PHINIA (PHIN) CEO’s latest Form 4 a market purchase or a grant?
Does the PHINIA (PHIN) Form 4 indicate any stock sales by the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.