4/A: Phinia Inc. Director Walsh Corrects Stock Grant Reporting in Amended SEC Filing

Meggan M. Walsh, a director at Phinia Inc., files an amended SEC Form 4 to correct the number of restricted stock shares granted on August 1, 2024.

Summary

• Meggan M. Walsh, a director of Phinia Inc., filed an amended Form 4 with the SEC on August 7, 2024.
• The amendment corrects an error in the original Form 4 filed on August 5, 2024, which underreported the amount of restricted stock granted on August 1, 2024.
• The corrected filing shows that Walsh received a grant of 2,748 shares of restricted stock on August 1, 2024, as part of the company's non-employee director compensation program.
• The original filing inadvertently reported the grant as 2,485 shares.
• The amended form revises the amount included in column 4 and the number of shares reported as beneficially owned in column 5.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company.

Positives

• The company promptly corrected the error in the initial SEC filing, demonstrating transparency.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common among publicly traded companies.

Stakeholder Impact

• The correction ensures accurate information is available to shareholders regarding director compensation and stock ownership.

Key Dates