PHINIA (PHIN) SVP and CIO adds 44 restricted shares via dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA INC. senior vice president and CIO Matthew Logar reported an acquisition of 44 shares of common stock, received as restricted stock with a price of $0.00 per share. The filing notes these shares came from automatic dividend reinvestment on existing restricted stock awards, bringing his direct holdings to 19,545 shares, including 12,035 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Logar Matthew
Role
SVP and CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 44 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,545 shares (Direct, null)
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 12,035 shares of restricted stock.
Key Figures
Restricted shares acquired: 44 shares
Price per acquired share: $0.00 per share
Total shares after transaction: 19,545 shares
+1 more
4 metrics
Restricted shares acquired
44 shares
Automatic dividend reinvestment on restricted stock awards
Price per acquired share
$0.00 per share
Restricted stock received, not open-market purchase
Total shares after transaction
19,545 shares
Direct PHINIA common stock holdings after Form 4
Restricted stock included in total
12,035 shares
Portion of total holdings classified as restricted stock
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 of dividends"
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 stock"
dividend record date financial
"outstanding restricted stock held on the dividend record date, as required by the terms"
FAQ
What insider transaction did PHIN (PHINIA INC.) report for Matthew Logar?
PHINIA reported that SVP and CIO Matthew Logar acquired 44 shares of common stock as restricted stock. These shares resulted from automatic dividend reinvestment on existing restricted stock awards, increasing his direct holdings to 19,545 shares in total.
Was Matthew Logar’s PHIN IA stock transaction a market purchase or sale?
The transaction was not a market purchase or sale. Matthew Logar received 44 shares of restricted stock at $0.00 per share through automatic reinvestment of dividends on his existing restricted stock, as required by the terms of those awards.