Form 4: Phinia Inc. Executive Christopher Gustanski Reports Acquisition of Common Stock

Christopher Gustanski, VP of Operational Excellence at Phinia Inc., reports acquiring 128 shares of common stock through dividend reinvestment on June 14, 2024.

Summary

• On June 14, 2024, Christopher Gustanski, VP of Operational Excellence at Phinia Inc., acquired 128 shares of common stock.
• The acquisition was a result of automatic reinvestment of dividends on outstanding restricted stock.
• The price per share was $0.
• Following the transaction, Gustanski directly owns 23,803 shares of common stock, including 21,147 shares of restricted stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

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

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

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

Key Dates