Form 4: Phinia Inc. Executive Robert Boyle Reports Acquisition of Common Stock Through Dividend Reinvestment

Robert Boyle, VP, GC and Secretary of Phinia Inc., reports acquiring 192 shares of common stock through automatic dividend reinvestment on June 14, 2024.

Summary

• On June 14, 2024, Robert Boyle, VP, GC and Secretary of Phinia Inc., acquired 192 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, Boyle beneficially owns 36,529.283 shares of common stock, including 31,741 shares of restricted stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The filing indicates an executive's continued investment in the company through dividend reinvestment, which is generally viewed favorably.

Positives

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

Industry Context

This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies. It provides transparency into the actions of company executives.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares acquired through dividend reinvestment.
• It signals continued confidence from a company executive.

Key Dates