PHINIA INC.·4

Mar 24, 4:52 PM ET

Fryer Neil 4

Research Summary

AI-generated summary

Updated

PHINIA (PHIN) VP Neil Fryer Receives Restricted Stock Award

What Happened
Neil Fryer, VP and GM Global Aftermarket at PHINIA Inc. (PHIN), was credited with 43 shares on 2026-03-20 as an award/acquisition (reported at $0.00 per share, total $0). The filing indicates these shares arose from automatic reinvestment of dividends into outstanding restricted stock units (RSUs), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-20. Form 4 filed: 2026-03-24 (filed within the required two business days).
  • Transaction type: Award/Acquisition (code A) — dividend reinvestment into RSUs.
  • Shares acquired: 43 shares at $0.00; reported value $0.
  • Footnotes: F1 = shares reflect automatic dividend reinvestment on outstanding RSUs; F2 = report references 9,175 restricted stock units (included per the filing).
  • Shares owned after transaction: not fully itemized on the summarized data; filing notes the 9,175 RSUs figure.
  • No indication of a 10b5-1 plan, cashless exercise, gift, or tax-withholding event on this transaction.

Context
This was an administrative issuance (dividend reinvestment into RSUs), a routine corporate action rather than a directional buy or sell by the insider. Such reinvestments are common under RSU award terms and generally do not, by themselves, signal a change in insider sentiment.