Form 4: Phinia Inc. Executive Neil Fryer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Neil Fryer, VP and GM Global Aftermarket at Phinia Inc., reports changes in beneficial ownership of common stock due to tax withholding upon vesting of restricted stock units.
Summary
- On February 28, 2024, Neil Fryer, VP and GM Global Aftermarket at Phinia Inc., reported a transaction involving the company's common stock.
- The transaction involved the withholding of 2,974 shares to satisfy tax withholding requirements upon the vesting of restricted stock units.
- Following the transaction, Fryer beneficially owns 27,855.726 shares of Phinia Inc., including 22,799 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions, and does not contain any information that would significantly impact investor sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily indicate a significant event for the company.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction (stock withholding for tax purposes). |
| 03/01/2024 | Date of signature on the report. |
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