PHINIA CFO granted new restricted stock awards
Rhea-AI Filing Summary
Gropp Chris P reported acquisition or exercise transactions in this Form 4 filing.
PHINIA Inc. reported that Senior Vice President and CFO Chris P. Gropp received awards of its common stock on February 9, 2026. He was granted 5,658 shares of restricted stock directly and 653 shares indirectly through his spouse, both at a price of $0 per share.
The restricted stock granted will vest in three substantially equal annual installments beginning on February 28, 2027. After these transactions, he directly holds 67,073 shares, including 41,407 restricted shares, and indirectly holds 4,570 shares through his spouse, including 3,593 restricted shares, while disclaiming beneficial ownership of the spouse-held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,658 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 653 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents an award of restricted stock with respect to the Issuer's common stock, which will vest in three substantially equal annual installments beginning February 28, 2027.
- F2. Includes 41,407 shares of restricted stock.
- F3. Includes 3,593 shares of restricted stock. The reporting person disclaims beneficial ownership of these securities, and the filing of this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
FAQ
What insider transaction did PHINIA (PHIN) disclose for CFO Chris P. Gropp?
How do the PHINIA (PHIN) restricted stock awards to the CFO vest?
What is the nature of the indirect PHINIA (PHIN) ownership reported for the CFO?
Was the PHINIA (PHIN) CFO’s stock grant an open-market purchase or a compensation award?
What transaction code was used for the PHINIA (PHIN) CFO’s stock awards?
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