PHINIA (PHIN) VP adds 32 restricted shares via dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA INC. vice president of operational excellence Christopher Gustanski received 32 shares of common stock as a grant under existing equity awards. The shares reflect restricted stock acquired through automatic dividend reinvestment on outstanding restricted stock. After this award, he directly holds 14,903 common shares, including 6,776 restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gustanski Christopher
Role
VP, Operational Excellence
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,903 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 6,776 shares of restricted stock.
FAQ
What did PHINIA (PHIN) insider Christopher Gustanski report on this Form 4?
Christopher Gustanski reported receiving 32 shares of PHINIA common stock. The acquisition was a grant tied to existing restricted stock awards, rather than an open-market purchase, and resulted from automatic dividend reinvestment on his outstanding restricted stock.
Is the PHINIA Form 4 transaction an open-market buy or a stock grant?
The PHINIA Form 4 shows a stock grant, not an open-market buy. Gustanski acquired 32 common shares at $0.00 per share through automatic dividend reinvestment on restricted stock, consistent with the terms of his existing equity awards.
Does the PHINIA Form 4 indicate any stock sales by Christopher Gustanski?
The Form 4 indicates no stock sales by Christopher Gustanski. It reports only an acquisition coded as an award (code A), tied to dividend reinvestment on restricted stock, with his direct holdings increasing to 14,903 PHINIA common shares after the transaction.