PHINIA SVP-CIO acquires 28 dividend stock shares
SVP and CIO Matthew Logar received a small restricted stock dividend reinvestment award, bringing his direct PHINIA shareholdings to 15,604 shares.
Rhea-AI Filing Summary
PHINIA INC. (PHIN) reported that senior vice president and chief information officer Matthew Logar acquired 28 shares of common stock on September 18, 2026 through a grant/award of restricted stock resulting from automatic dividend reinvestment on existing restricted shares. Following this award, he directly holds 15,604 common shares, including 5,738 shares of restricted stock. No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 28 shares
Grant/Award
1 txn
Insider
Logar Matthew
Role
SVP and CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 28 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 15,604 shares (Direct)
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 5,738 shares of restricted stock.
Key Figures
Shares acquired: 28 shares
Price per share: $0.00 per share
Total shares after transaction: 15,604 shares
+1 more
4 metrics
Shares acquired
28 shares
Restricted stock dividend reinvestment on September 18, 2026
Price per share
$0.00 per share
Grant/award acquisition of restricted stock
Total shares after transaction
15,604 shares
Direct holdings of Matthew Logar following the September 18, 2026 award
Restricted stock included in holdings
5,738 shares
Portion of Logar’s direct holdings that are restricted stock after the transaction
Key Terms
restricted stock, automatic reinvestment of dividends, dividend record date
3 terms
restricted stock financial
"Reflects shares of restricted stock acquired following the automatic reinvestment"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
automatic reinvestment of dividends financial
"acquired following the automatic reinvestment of dividends on outstanding restricted"
dividend record date financial
"dividends on outstanding restricted stock held on the dividend record date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PHINIA (PHIN) report for Matthew Logar?
PHINIA reported that SVP and CIO Matthew Logar acquired 28 shares of common stock on September 18, 2026 via a grant of restricted stock from automatic dividend reinvestment on his existing restricted stock awards.
Was Matthew Logar’s PHINIA (PHIN) transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the September 18, 2026 restricted stock dividend reinvestment was made under a Rule 10b5-1 trading plan.
What type of security did Matthew Logar acquire in this PHINIA (PHIN) Form 4?
Matthew Logar acquired common stock of PHINIA in the form of restricted stock. The filing notes that the 28 shares reflect restricted stock acquired through automatic reinvestment of dividends on his outstanding restricted stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.