PHINIA CIO Increases Stake to 19,760 Shares Through Dividend Reinvestment
Insider Trading Update: Matthew Logar, VP and CIO of PHINIA, reported acquiring 116 shares of common stock through dividend reinvestment on June 16, 2025.
Rhea-AI Filing Summary
Insider Trading Update: Matthew Logar, VP and CIO of PHINIA, reported acquiring 116 shares of common stock through dividend reinvestment on June 16, 2025. The shares were acquired at $0 cost as part of the automatic reinvestment of dividends on existing restricted stock holdings.
Key Transaction Details:
- Total beneficial ownership following transaction: 19,760 shares
- Includes 18,542 restricted stock shares with reinvested dividends
- Ownership form: Direct
- Transaction type: Non-derivative securities acquisition
The Form 4 filing was submitted on June 18, 2025, through power of attorney by Kate Vandenberg. This transaction represents a routine dividend reinvestment on restricted stock awards rather than an open market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 116 | $0.00 | $0.00 |
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 18,542 shares of restricted stock, including reinvested dividends.
FAQ
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What is Matthew Logar's position at PHIN?
When was PHIN's Form 4 for Matthew Logar's transaction filed?
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