PHINIA Board Member Shows Confidence with Automatic Dividend Reinvestment Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA Director Samuel R. Chapin reported changes in beneficial ownership through a Form 4 filing dated June 28, 2025. The transaction details reveal:
- Acquisition of 21 shares of Common Stock on June 16, 2025
- Shares were acquired at $0 cost through automatic dividend reinvestment on restricted stock
- Total beneficial ownership following the transaction: 23,876 shares
- Of the total shares owned, 3,320 shares are restricted stock
- Ownership form is Direct (D)
The transaction was executed pursuant to the terms of the restricted stock award, which requires automatic reinvestment of dividends on outstanding restricted stock held on the dividend record date. The filing was signed by Kate Vandenberg as attorney-in-fact for Samuel R. Chapin on June 18, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chapin Samuel R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 23,876 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 award. Includes 3,320 shares of restricted stock.
FAQ
What is Samuel Chapin's role at PHIN according to the Form 4?
According to the Form 4 filing, Samuel R. Chapin serves as a Director of PHINIA INC. (PHIN). This is indicated by the 'X' marked in the Director box under Section 5 of the form.