Neto de Abreu Pedro Rui 4
Research Summary
AI-generated summary
PHINIA VP Pedro Rui Neto de Abreu Receives 31-Share Award
What Happened
- Pedro Rui Neto de Abreu, Vice President and Chief Strategy Officer of PHINIA Inc. (PHIN), was granted/received 31 shares on June 23, 2026. The reported acquisition price was $0.00 (total value $0), classified as an award/grant (transaction code A).
- Footnote detail: the 31 shares consist of 11 restricted stock shares and 20 restricted stock units received through automatic reinvestment of dividends/dividend equivalents (see footnote F1).
Key Details
- Transaction date: 2026-06-23; Form 4 filed: 2026-06-25 (appears timely).
- Price per share: $0.00; Total reported value: $0.
- Shares from this event: 11 restricted stock + 20 restricted stock units (automatic dividend reinvestment).
- Holdings noted in filing: includes 3,075 restricted stock shares and 5,329 restricted stock units (see footnote F2).
- Transaction type: Award/Grant (A). No sale or open-market purchase reported.
Context
- This was an award via dividend reinvestment, not an open-market purchase or sale; such automatic reinvestments are typically routine and do not necessarily signal a change in insider sentiment.
- The amount is small (31 shares) and was reported on a timely Form 4 filing; treat as administrative/compensation-related rather than directional insider trading.