PHINIA CTO sells 3,056 shares at ~$66.41
PHINIA’s VP and Chief Technology Officer sold 3,056 shares but continues to hold 26,736 shares, including restricted stock.
Rhea-AI Filing Summary
PHINIA INC. (PHIN) reports that VP and Chief Technology Officer Todd L. Anderson sold 3,056 shares of common stock on September 11, 2026 in a sale transaction. The shares were sold at a weighted average price of $66.4077 per share, with individual prices ranging from $66.40 to $66.475. After this sale, Anderson directly holds 26,736 shares of PHINIA common stock, including 4,275 shares of restricted stock. No Rule 10b5-1 trading plan is reported for this transaction.
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Insider Trade Summary
Net Seller: 3,056 shares
Net Sell
1 txn
Insider
Anderson Todd L
Role
VP and Chief Tech. Officer
Sold
3,056 shs ($203K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 3,056 | $66.4077 | $203K |
Holdings After Transaction:
Common Stock — 26,736 shares (Direct)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.40 to $$66.475, inclusive. The reporting person has provided to the issuer, and will provide to any security holder of the issuer or the staff of the Securities and Exchange Commission upon request, information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F2. Includes 4,275 shares of restricted stock.
Key Figures
Shares sold: 3,056 shares
Weighted average sale price: $66.4077 per share
Sale price range: $66.40–$66.475 per share
+2 more
5 metrics
Shares sold
3,056 shares
Common stock sale on September 11, 2026
Weighted average sale price
$66.4077 per share
Average price across multiple sale transactions
Sale price range
$66.40–$66.475 per share
Range of prices for the multiple sale executions
Shares held after transaction
26,736 shares
Direct holdings of Todd L. Anderson after the sale
Restricted stock included in holdings
4,275 shares
Portion of Anderson’s post-transaction holdings that is restricted stock
Key Terms
weighted average price, restricted stock, Rule 10b5-1
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock financial
"Includes 4,275 shares of restricted stock."
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.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PHINIA (PHIN) report for Todd L. Anderson?
PHINIA reported that VP and Chief Technology Officer Todd L. Anderson sold 3,056 shares of common stock on September 11, 2026, in an open-market or private sale transaction.
What role does Todd L. Anderson hold at PHINIA (PHIN)?
Todd L. Anderson is identified in the filing as Vice President and Chief Technology Officer of PHINIA INC., making him a reporting officer for insider transactions under SEC rules.
AI-generated analysis. How Rhea-AI works. Not financial advice.