Form 4: Phinia Inc. Executive Robert Boyle Reports Stock Transaction
SEC Form 4 Filing
Robert Boyle, VP, GC and Secretary of Phinia Inc., reports the disposal of 3,041 shares of common stock to cover tax obligations upon vesting of restricted stock.
Summary
- On February 28, 2025, Robert Boyle, VP, GC and Secretary of Phinia Inc., disposed of 3,041 shares of common stock.
- The transaction was executed to satisfy tax withholding requirements upon the vesting of restricted stock.
- The price per share was $49.31.
- Following the transaction, Boyle directly owns 37,077 shares of Phinia Inc., including 25,062 shares of restricted stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations on vested stock, so it doesn't significantly impact sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders when they have transactions in their company's stock. It is a regular part of corporate governance and transparency.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transaction (disposal of shares). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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.