PHINIA Board Member Shows Confidence: Automatically Reinvests Stock Dividends
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 Filing Details - PHINIA Insider Trading Activity
Director Norman Daun reported the following transaction:
- Acquired 21 shares of Common Stock on June 16, 2025
- Acquisition price: $0 per share
- Transaction type: Automatic dividend reinvestment on restricted stock
- Total beneficial ownership after transaction: 19,876 shares (including 3,320 restricted shares)
The shares were acquired through automatic dividend reinvestment on existing restricted stock holdings, as required by the award terms. The transaction was reported via Form 4 filing, signed by Kate Vandenberg as attorney-in-fact for Norman on June 18, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Norman Daun
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,876 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 Norman D'aun's role at PHIN and what type of transaction was reported?
Norman D'aun serves as a Director at PHINIA Inc. The reported transaction was an acquisition of common stock through dividend reinvestment on restricted stock holdings, coded as transaction type 'A' in the Form 4 filing.