Walsh Meggan M. 4
Research Summary
AI-generated summary
PHINIA (PHIN) Director Meggan M. Walsh Receives 16-Share Award
What Happened Meggan M. Walsh, a director of PHINIA Inc. (PHIN), was granted/acquired 16 shares of restricted stock on 2026-03-20 at a reported price of $0.00 (no cash paid). The filing reports this acquisition as an award/acquisition (code A) and lists the total value of the transaction as $0.00. Footnotes indicate these 16 shares resulted from automatic reinvestment of dividends on outstanding restricted stock.
Key Details
- Transaction date: 2026-03-20; Filing date: 2026-03-24. (Check whether this meets the SEC’s 2-business-day Form 4 reporting rule.)
- Price: $0.00 per share; total reported value $0.00.
- Shares acquired: 16 restricted shares via dividend reinvestment (footnote F1).
- Holdings note: Footnote F2 states holdings include 3,367 restricted shares; the filing does not state a different total beneficial ownership number here.
- Transaction type: Award/acquisition (not an open-market purchase or sale).
Context This was an automatic dividend reinvestment into restricted stock under the terms of existing awards (not an active market purchase), which is generally a routine administrative transaction rather than a direct buy/sell decision by the insider. Such small dividend-reinvestment awards typically have limited signaling value about insider sentiment.