PHINIA (NYSE: PHIN) VP adds 34 RSUs via dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA INC. executive Neil Fryer, VP and GM Global Aftermarket, reported an acquisition of 34 shares of common stock through a grant classified as a grant or award. These shares reflect restricted stock units gained via automatic reinvestment of dividends on existing awards.
After this transaction, Fryer directly holds 18,257 shares of PHINIA common stock, including 9,209 restricted stock units. This is a routine, compensation-related adjustment rather than an open-market trade and represents a very small addition relative to his overall reported holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fryer Neil
Role
VP and GM Global Aftermarket
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,257 shares (Direct, null)
Footnotes (1)
- Reflects shares of restricted stock units acquired following the automatic reinvestment of dividends on outstanding restricted stock units held on the dividend record date, as required by the terms of such awards. Includes 9,209 restricted stock units.
Key Figures
Shares acquired: 34 shares
Post-transaction holdings: 18,257 shares
Restricted stock units included: 9,209 RSUs
+2 more
5 metrics
Shares acquired
34 shares
Grant/award acquisition on 2026-06-23
Post-transaction holdings
18,257 shares
Total common stock directly held after transaction
Restricted stock units included
9,209 RSUs
Portion of total holdings that are RSUs
Transaction price per share
$0.0000 per share
Indicates non-cash grant/award acquisition
Transaction type
Grant, award, or other acquisition (Code A)
Non-derivative common stock
Key Terms
restricted stock units, automatic reinvestment of dividends, grant, award, or other acquisition
3 terms
restricted stock units financial
"Reflects shares of restricted stock units acquired following the automatic reinvestment of dividends"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
automatic reinvestment of dividends financial
"acquired following the automatic reinvestment of dividends on outstanding restricted stock units"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did PHIN (PHINIA INC.) report for Neil Fryer?
Neil Fryer reported acquiring 34 shares of PHINIA common stock as a grant linked to restricted stock units. The shares came from automatic dividend reinvestment on existing RSU awards, not from an open-market purchase or sale.
Was the PHINIA (PHIN) Neil Fryer transaction an open-market buy or sell?
The transaction was not an open-market trade. It was a grant or award acquisition of 34 shares tied to restricted stock units from automatic dividend reinvestment, categorized as a compensation-related adjustment rather than a discretionary market purchase or sale.
How were dividends treated on Neil Fryer’s PHINIA (PHIN) restricted stock units?
Dividends on Neil Fryer’s existing restricted stock units were automatically reinvested into additional restricted stock units. This reinvestment resulted in the acquisition of 34 new RSUs, as required by the terms governing those equity awards.