PHINIA (PHIN) CTO Todd Anderson gains 33 restricted shares via dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA INC. executive Todd L. Anderson, Vice President and Chief Technology Officer, reported acquiring 33 shares of common stock as a grant or award. These shares reflect restricted stock received through automatic reinvestment of dividends on outstanding restricted stock held on the dividend record date.
Following this acquisition, Anderson directly holds 31,081 shares of PHINIA common stock, including 8,620 shares of restricted stock. This is a compensation-related share increase rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anderson Todd L
Role
VP and Chief Tech. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 33 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 31,081 shares (Direct, null)
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 8,620 shares of restricted stock.
Key Figures
Shares acquired: 33 shares
Total shares after transaction: 31,081 shares
Restricted stock included: 8,620 shares
+1 more
4 metrics
Shares acquired
33 shares
Restricted stock via dividend reinvestment on 2026-06-23
Total shares after transaction
31,081 shares
Direct PHINIA common stock holdings following Form 4 transaction
Restricted stock included
8,620 shares
Restricted shares included within total direct holdings
Price per share
$0.0000 per share
Grant or award acquisition rather than open-market purchase
Key Terms
restricted stock, automatic reinvestment of dividends, dividend record date, grant, award, or other acquisition
4 terms
restricted stock financial
"Reflects shares of restricted stock acquired following the automatic reinvestment of dividends"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
automatic reinvestment of dividends financial
"acquired following the automatic reinvestment of dividends on outstanding restricted stock"
dividend record date financial
"outstanding restricted stock held on the dividend record date, as required by the terms"
grant, award, or other acquisition financial
"transaction code description shows Grant, award, or other acquisition"
FAQ
What insider transaction did PHIN (PHINIA INC.) report for Todd L. Anderson?
PHINIA reported that Todd L. Anderson acquired 33 shares of common stock as a grant or award. The shares came from automatic dividend reinvestment on existing restricted stock, making this a compensation-related increase rather than an open-market trade.
What does automatic reinvestment of dividends mean in this PHIN Form 4?
Automatic reinvestment of dividends means cash dividends on restricted stock are used to acquire additional restricted shares. For PHINIA, this process resulted in Todd L. Anderson receiving 33 new restricted shares under the terms of his existing awards.