PHINIA (PHIN) VP Coetzee sells 1,250 shares, holds 27,009 post-trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA INC. executive Michael Coetzee, VP and GM Fuel Systems Americas, sold 1,250 shares of Common Stock in an open-market transaction at $80.61 per share. After this sale on June 10, 2026, he directly holds 27,009 shares, including 8,968 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,250 shares ($100,763)
Net Sell
1 txn
Insider
Coetzee Michael
Role
VP and GM Fuel Syst. Americas
Sold
1,250 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,250 | $80.61 | $101K |
Holdings After Transaction:
Common Stock — 27,009 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,250 shares
Sale price: $80.61 per share
Shares held after transaction: 27,009 shares
+1 more
4 metrics
Shares sold
1,250 shares
Open-market sale on June 10, 2026
Sale price
$80.61 per share
Price for Common Stock sold
Shares held after transaction
27,009 shares
Direct ownership following sale
Restricted stock included
8,968 shares
Portion of post-transaction holdings noted as restricted
Key Terms
open-market sale, restricted stock, Common Stock, Form 4
4 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock financial
"Includes 8,968 shares of restricted stock."
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.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did PHIN (PHINIA INC.) report for Michael Coetzee?
PHINIA reported that executive Michael Coetzee completed an open-market sale of 1,250 shares of Common Stock. The transaction occurred on June 10, 2026, and was reported on a Form 4 insider trading filing with the SEC.
Does Michael Coetzee’s remaining PHIN position include restricted stock?
Yes. Of the 27,009 PHINIA shares Michael Coetzee holds following the sale, 8,968 are restricted stock. Restricted shares typically vest over time or upon meeting specific conditions set by the company.
What role does Michael Coetzee hold at PHINIA INC. in this Form 4 filing?
In the Form 4, Michael Coetzee is identified as an officer of PHINIA INC., serving as Vice President and General Manager, Fuel Systems Americas. The reported transaction reflects his direct ownership activity in PHINIA’s Common Stock.
Was the June 10, 2026 PHIN transaction by Michael Coetzee a buy or a sell?
The June 10, 2026 transaction was an open-market sale of PHINIA Common Stock by Michael Coetzee. The Form 4 lists transaction code “S” and describes it as a sale in an open market or private transaction.