PHINIA (PHIN) VP Coetzee awarded 1,632 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coetzee Michael reported acquisition or exercise transactions in this Form 4 filing.
PHINIA Inc. vice president granted restricted stock
PHINIA Inc. executive Michael Coetzee, VP and GM Fuel Systems Americas, received a grant of 1,632 shares of the company’s common stock as a restricted stock award on February 9, 2026, at a price of $0 per share.
The restricted stock will vest in three substantially equal annual installments beginning on February 28, 2027. After this award, Coetzee directly beneficially owns 29,934 shares of PHINIA common stock, including 14,634 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coetzee Michael
Role
VP and GM Fuel Syst. Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,632 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,934 shares (Direct)
Footnotes (1)
- Represents an award of restricted stock with respect to the Issuer's common stock, which will vest in three substantially equal annual installments beginning February 28, 2027. Includes 14,634 shares of restricted stock.
FAQ
What insider transaction did PHINIA (PHIN) report for Michael Coetzee?
PHINIA reported that executive Michael Coetzee received a grant of 1,632 shares of common stock as a restricted stock award on February 9, 2026. The grant was made at a price of $0 per share as part of his equity compensation.
How will Michael Coetzee’s PHINIA (PHIN) restricted stock vest?
The 1,632-share restricted stock award will vest in three substantially equal annual installments. Vesting begins on February 28, 2027, meaning portions of the grant become fully owned over three years, assuming any applicable service or other conditions are satisfied.
Was the PHINIA (PHIN) insider transaction a purchase or a grant?
The transaction was a grant, not an open-market purchase. Michael Coetzee acquired 1,632 shares of PHINIA common stock as a restricted stock award at $0 per share, classified as a grant, award, or other acquisition under transaction code “A”.
What role does Michael Coetzee hold at PHINIA (PHIN) in this Form 4?
In this filing, Michael Coetzee is reported as an officer of PHINIA, serving as VP and GM Fuel Systems Americas. The restricted stock award reflects equity-based compensation tied to his leadership role within the company’s operations in the Americas.