Fryer Neil 4
Research Summary
AI-generated summary
PHINIA (PHIN) VP Neil Fryer Sells 624 Shares
What Happened
Neil Fryer, VP and GM Global Aftermarket at PHINIA Inc. (PHIN), disposed of 624 shares in an open-market sale on March 4, 2026. The shares were sold at $72.75 per share for a total transaction value of $45,393. This was a sale (disposition), which reduces his current holdings by the sold amount.
Key Details
- Transaction date and price: March 4, 2026 — 624 shares sold at $72.75 each.
- Total proceeds: $45,393.
- Shares owned after transaction: Not specified in the provided excerpt; the filing includes a footnote about holdings (see below).
- Footnote: F1 — "Includes 9,132 restricted stock units." This relates to reported beneficial ownership and may reflect unvested RSUs.
- Filing timeliness: Report filed March 6, 2026 (within the typical two-business-day Form 4 window); not indicated as late.
Context
- This filing documents a straightforward open-market sale (transaction code S). No purchases, option exercises, or gifts are reported in this transaction.
- Restricted stock units noted in the footnote are different from the sold shares — RSUs are typically unvested or subject to vesting conditions and do not reflect immediate cash proceeds.
- As with all insider transactions, the sale is factual information about trading activity and should not be taken alone as a signal of company prospects.