Form 4: Phinia Inc. Executive John Lipinski Reports Stock Acquisition and Tax Withholding
SEC Form 4 Filing
VP and GM of Fuel Systems Europe, John Lipinski, reports acquisition of shares through dividend reinvestment and shares withheld for tax obligations.
Summary
- On March 14, 2025, John Lipinski, VP and GM Fuel Systems Europe at Phinia Inc., reported acquiring 125 shares of common stock through dividend reinvestment at $0.
- On the same day, 12 shares were withheld to satisfy tax obligations at a price of $42.88.
- Following these transactions, Lipinski beneficially owns 23,940 shares of Phinia Inc., including 16,030 shares of restricted stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Positives
- The acquisition of shares through dividend reinvestment indicates a continued investment in the company by the reporting person.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock acquisition via dividend reinvestment and tax withholding. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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