Dori Sebastian 4
Research Summary
AI-generated summary
PHINIA (PHIN) VP Dori Sebastian Receives 32-Share Award
What Happened
- Dori Sebastian, Vice President and Chief Product Officer of PHINIA Inc. (PHIN), was granted 32 restricted stock units (RSUs) on 2026-03-20. The reported acquisition price is $0.00 (no cash paid), reflecting RSUs issued via dividend reinvestment rather than a market purchase or sale.
Key Details
- Transaction date and type: 2026-03-20 — Award/Grant (code A); reported price $0.00.
- Report filed: 2026-03-24; filing appears to be timely under the Form 4 two-business-day rule.
- Shares owned after transaction: not specified in the provided filing summary; footnote F2 states holdings include 6,654 restricted stock units.
- Notable footnotes:
- F1: These 32 RSUs reflect automatic reinvestment of dividends on outstanding RSUs held on the dividend record date, per award terms.
- F2: Indicates the reporting line includes 6,654 RSUs in total holdings.
Context
- This was an award via dividend reinvestment (no cash outlay), a routine administrative issuance rather than a purchase or sale that signals new insider conviction. Such dividend reinvestment on RSUs increases share-based holdings but does not imply a trade decision by the insider.