PHINIA (PHIN) director adds shares via restricted stock dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA INC. director Meggan M. Walsh received 16 shares of common stock as a grant, with no cash paid per share. These shares reflect automatic dividend reinvestment on her existing restricted stock awards. After this acquisition, she directly holds 7,560 common shares, including 3,367 restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Walsh Meggan M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,560 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 3,367 shares of restricted stock.
FAQ
What insider transaction did PHINIA (PHIN) director Meggan Walsh report?
Director Meggan M. Walsh reported acquiring 16 shares of PHINIA common stock. The shares were granted at no cost through automatic dividend reinvestment on her outstanding restricted stock awards, increasing her direct ownership position modestly without an open-market purchase.
Was Meggan Walsh’s PHINIA (PHIN) transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. Walsh acquired 16 shares as a grant at zero cost, resulting from automatic dividend reinvestment on her restricted stock awards, making this a routine compensation-related adjustment rather than a discretionary trade in the market.
Does Meggan Walsh’s PHINIA (PHIN) filing involve restricted stock?
Yes. The filing states the 16 acquired shares are restricted stock from dividend reinvestment. It also notes her holdings now include 3,367 restricted shares within the 7,560 total, indicating a meaningful portion of her position remains subject to award-related restrictions and vesting terms.