WOOD ROGER 4
4 · PHINIA INC. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
PHINIA (PHIN) Director Roger Wood Receives 16 Restricted Shares
What Happened
Roger Wood, a director of PHINIA Inc. (PHIN), was issued 16 shares of restricted common stock on March 20, 2026. The transaction is reported as an award/acquisition (code A) at a reported price of $0.00 (total reported value $0). Footnote F1 clarifies these shares were issued through automatic reinvestment of dividends on outstanding restricted stock.
Key Details
- Transaction date: 2026-03-20; Reported price: $0.00 per share; Shares acquired: 16.
- Filing date: 2026-03-24 — filed within the standard two-business-day Form 4 window for this transaction date.
- Holdings note: Filing footnote F2 states this includes 3,367 shares of restricted stock (the filing does not show a different total beneficial-ownership figure beyond that note).
- Transaction type: Award/acquisition via dividend reinvestment (administrative issuance, not an open-market purchase).
- Footnotes: F1 = automatic dividend reinvestment on restricted stock; F2 = includes 3,367 restricted shares.
Context
This was a small, routine issuance tied to dividend reinvestment rather than an active market buy or sale. Such dividend-reinvestment awards are typically administrative and carry limited information about the insider’s view of the company. For most retail investors, this type of small award is not a strong signal of insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-20+16→ 19,923 total
Footnotes (2)
- [F1]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.
- [F2]Includes 3,367 shares of restricted stock.