PHINIA Executive Shows Confidence as CIO Automatically Reinvests Dividends
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Logar Matthew
Role
VP and CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 116 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,760 shares (Direct)
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 18,542 shares of restricted stock, including reinvested dividends.
FAQ
What is Matthew Logar's position at PHIN?
Matthew Logar serves as Vice President and Chief Information Officer (VP and CIO) of PHINIA Inc., as disclosed in the Form 4 filing.
When was PHIN's Form 4 for Matthew Logar's transaction filed?
The Form 4 was signed by Kate Vandenberg (as attorney-in-fact for Matthew Logar) on June 18, 2025, and filed with the SEC on June 28, 2025.