PHINIA director receives 26 dividend-based shares
PHINIA INC. director Robin Kendrick reported a small, compensation-related increase in holdings through dividend reinvestment.
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Rhea-AI Filing Summary
PHINIA INC. director Robin Kendrick reported a small, compensation-related increase in holdings through dividend reinvestment. He received 26 shares of common stock at no cost, consisting of 8 shares of restricted stock and 18 deferred restricted stock units that were automatically issued from reinvested dividends on existing awards.
After this acquisition, Kendrick directly holds 23,446 shares of PHINIA common stock, which include 2,148 shares of restricted stock and 4,742 vested deferred restricted stock units that will settle when his board service ends. He also reports 15,794 shares held indirectly through a trust, providing additional exposure to PHINIA’s stock without any open-market buying or selling in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Reflects 8 shares of restricted stock acquired following the automatic reinvestment of dividends on outstanding restricted stock held on the dividend record date and 18 shares of deferred restricted stock units ("DRSUs") acquired following the automatic reinvestment of dividends on outstanding vested DRSUs held on the dividend record date, as required by the terms of such awards.
- F2. Includes 2,148 shares of restricted stock and 4,742 DRSUs that have vested and will settle upon the reporting person's termination of board service.
Key Figures
Key Terms
restricted stock financial
deferred restricted stock units ("DRSUs") financial
automatic reinvestment of dividends financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PHINIA (PHIN) director Robin Kendrick report?
Does Robin Kendrick have indirect holdings of PHINIA (PHIN) stock?
What restricted and deferred stock units does Kendrick hold in PHINIA (PHIN)?
AI-generated analysis. How Rhea-AI works. Not financial advice.