Form 4: Phinia Inc. Director Roger Wood Reports Stock Transactions

Director Roger Wood of Phinia Inc. reports the acquisition of 16 shares of common stock and a decrease of 16,535 shares of common stock on December 13, 2024.

Summary

• Roger Wood, a director at Phinia Inc., reported a transaction involving the company's common stock on December 13, 2024.
• The transaction included the acquisition of 16 shares of common stock at a price of $0, which is attributed to the reinvestment of dividends on restricted stock.
• Additionally, 16,535 shares of common stock were disposed of.
• Following these transactions, Mr. Wood beneficially owns 16,535 shares of common stock, including 3,315 shares of restricted stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company director, with no indication of positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure for corporate insiders. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are a standard practice for all publicly traded companies in the US.
• The transactions reported are typical for directors who receive stock-based compensation and dividend reinvestments.
• The volume of shares disposed of is not unusual for a director's portfolio management.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders as they are routine for a director.

Key Dates

Keywords

Phinia Inc., Roger Wood, stock transaction, Form 4, director, common stock, dividend reinvestment, restricted stock