PHINIA Board Member Shows Confidence as Director Reinvests Dividends into Stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 Filing - PHINIA Director Stock Transaction
Director Roger Wood reported acquiring 21 shares of PHINIA (PHIN) common stock on June 16, 2025, through dividend reinvestment on existing restricted stock holdings. The shares were acquired at $0 cost as part of the automatic dividend reinvestment program for restricted stock awards.
Following the transaction, Wood beneficially owns a total of 19,876 shares directly, including 3,320 shares of restricted stock. The transaction was reported through an attorney-in-fact, Kate Vandenberg, on June 18, 2025.
This routine transaction reflects standard dividend reinvestment on restricted stock holdings, indicating continued alignment between the director's interests and shareholder value.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WOOD ROGER
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
Who signed the Form 4 filing for PHIN Director Roger Wood?
The Form 4 was signed by Kate Vandenberg as attorney-in-fact for Roger Wood on June 18, 2025, two days after the transaction date.