Dividend reinvestment grants PHINIA (PHIN) director Roger Wood 16 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA INC. director Roger Wood reported a small grant of common stock tied to his existing equity awards. On the reported date, he acquired 16 shares of restricted stock at no cash price through automatic dividend reinvestment on previously granted restricted shares, as required by the award terms. Following this grant, he directly holds a total of 19,923 shares of PHINIA common stock, including 3,367 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WOOD ROGER
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,923 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 3,367 shares of restricted stock.
FAQ
What insider transaction did PHIN director Roger Wood report on this Form 4?
Roger Wood reported acquiring 16 shares of PHINIA INC. common stock. These shares were restricted stock received at no cash cost through automatic dividend reinvestment on existing restricted awards, slightly increasing his direct equity position in the company.
Does the Form 4 for PHINIA indicate any stock sales by Roger Wood?
The Form 4 shows only an acquisition of 16 restricted shares for Roger Wood and no dispositions. The transaction is categorized as a grant or award acquisition, linked to dividend reinvestment on existing restricted stock, with no reported sales or transfers.