Form 4: Phinia Inc. Executive Neil Fryer Reports Stock Transactions
SEC Form 4 Filing
Neil Fryer, VP and GM Global Aftermarket at Phinia Inc., reports acquisition of shares through dividend reinvestment and disposal of shares for tax withholding.
Summary
- On March 14, 2025, Neil Fryer, VP and GM Global Aftermarket at Phinia Inc., reported transactions involving the company's common stock.
- Fryer acquired 148 shares of common stock through the automatic reinvestment of dividends on restricted stock units at a price of $0 per share.
- Fryer disposed of 25 shares of common stock at a price of $42.88 per share to satisfy tax withholding obligations.
- Following these transactions, Fryer beneficially owns 21,770 shares of Phinia Inc., including 17,504 restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the transactions are routine and related to compensation and tax obligations. There is no indication of significant positive or negative sentiment.
Positives
- The acquisition of shares through dividend reinvestment indicates a continued investment in the company by the executive.
Negatives
- The disposal of shares to cover tax obligations, while routine, slightly reduces the executive's holdings.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they are routine and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock acquisition via dividend reinvestment and disposal for tax withholding. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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