Form 4: Phinia Inc. Executive Robert Boyle Reports Acquisition of Restricted Stock
SEC Form 4 Filing
Robert Boyle, VP, GC and Secretary of Phinia Inc., reports the acquisition of 3,264 shares of restricted stock on February 26, 2025.
Summary
- Robert Boyle, a VP, GC, and Secretary at Phinia Inc., filed a Form 4 on February 28, 2025.
- The report details a transaction on February 26, 2025, where Boyle acquired 3,264 shares of common stock as restricted stock.
- These shares were awarded at a price of $0.
- Following the transaction, Boyle beneficially owns 40,118 shares of Phinia Inc.
- The restricted stock will vest in three equal annual installments starting February 28, 2026.
- The reported holdings include 35,330 shares of restricted stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is important for maintaining market confidence.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Robert Boyle acquired 3,264 shares of restricted stock. |
| 02/28/2025 | Date of Form 4 filing. |
| 02/28/2026 | First vesting date for the restricted stock award. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.