Form 4: Phinia Inc. Director Robin Kendrick Reports Changes in Beneficial Ownership
SEC Form 4
Director Robin Kendrick reports acquisition and disposal of Phinia Inc. common stock due to dividend reinvestment and trust transactions.
Summary
- On March 14, 2025, Robin Kendrick, a director of Phinia Inc., reported changes in beneficial ownership of the company's common stock.
- Kendrick acquired 21 shares of common stock through the automatic reinvestment of dividends on outstanding restricted stock at a price of $0.
- Kendrick also disposed of 15,794 shares held indirectly by a trust.
- Following these transactions, Kendrick directly owns 16,556 shares, including 3,336 shares of restricted stock, and indirectly owns 0 shares through the trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in stock ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company directors.
Stakeholder Impact
- The changes in beneficial ownership may be of interest to shareholders, providing insight into director's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction for common stock acquisition and disposal |
| 03/18/2025 | Date of signature for the report |
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