Coetzee Michael 4
Research Summary
AI-generated summary
PHINIA (PHIN) VP Michael Coetzee Sells 1,250 Shares
What Happened
- Michael Coetzee, VP and GM, Fuel Systems Americas at PHINIA Inc. (PHIN), disposed of 1,250 shares on June 10, 2026. The shares were sold at $80.61 per share for proceeds of $100,763. The filing lists the transaction as an open-market or private sale (code S).
Key Details
- Transaction date and price: 2026-06-10 — 1,250 shares sold at $80.61 each.
- Total proceeds: $100,763.
- Shares owned after transaction: Not specified in the provided data; filing footnote notes 8,968 shares are restricted stock and are included in reported holdings.
- Footnotes: F1 — "Includes 8,968 shares of restricted stock."
- Filing date: Report filed 2026-06-12 for the 2026-06-10 transaction (appears to be filed within the standard Form 4 window).
Context
- This was a sale (disposition) rather than a purchase; sales by executives can be routine (diversification, liquidity, tax) and do not by themselves signal company performance.
- No option exercise, gift, or tax-withholding codes are indicated in the provided details.