Form 4: Phinia Inc. Executive Alisa Di Beasi Reports Acquisition of Common Stock Through Dividend Reinvestment

Alisa Di Beasi, VP and CHRO of Phinia Inc., acquired 181 shares of common stock through dividend reinvestment on June 14, 2024, increasing her total holdings to 36,522 shares.

Summary

• On June 17, 2024, Alisa Di Beasi, VP and CHRO of Phinia Inc., filed a Form 4 with the SEC.
• The form reports a transaction on June 14, 2024, where Ms. Di Beasi acquired 181 shares of Phinia Inc. common stock.
• The acquisition was due to the automatic reinvestment of dividends on her existing restricted stock holdings.
• The price per share for the dividend reinvestment was $0.
• Following the transaction, Ms. Di Beasi's total beneficial ownership of Phinia Inc. common stock is 36,522 shares, which includes 29,779 shares of restricted stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The filing reflects routine insider activity (dividend reinvestment), indicating confidence in the company's prospects, but it's not a major event.

Positives

• The acquisition of shares through dividend reinvestment demonstrates the executive's continued investment in the company.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend reinvestment.

Key Dates