Anderson Todd L 4
4 · PHINIA INC. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
PHINIA VP Todd Anderson Receives Restricted Stock Award
What Happened Todd L. Anderson, VP and Chief Technology Officer of PHINIA Inc. (PHIN), was credited with 41 shares of restricted stock on 2026-03-20 as an award/acquisition (transaction code A). The shares were issued at $0.00 (no cash paid), so the reported transaction value is $0. Footnote F1 states these shares result from automatic reinvestment of dividends on outstanding restricted stock.
Key Details
- Transaction date: 2026-03-20
- Filing date: 2026-03-24 (filed within the standard 2 business-day window)
- Security: Restricted common stock
- Shares acquired: 41
- Price per share: $0.00 — total cash consideration: $0
- Transaction type: Award / acquisition (code A); stemming from dividend reinvestment (see F1)
- Holdings note: Footnote F2 references that reported holdings include 8,587 shares of restricted stock
- No indication of a 10b5-1 plan, tax withholding, or sale in this filing
Context This was an administrative award resulting from automatic dividend reinvestment into restricted shares—not an open-market purchase. Such dividend reinvestment awards are routine and do not necessarily signal the insider’s change in view of the company. Restricted shares may be subject to vesting or transfer limits under the award terms.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-20+41→ 31,048 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 8,587 shares of restricted stock.