Form 4: Phinia Inc. Executive Robert Boyle Reports Stock Transactions
SEC Form 4 Filing
Robert Boyle, VP, GC and Secretary of Phinia Inc., reports acquisition of shares through dividend reinvestment and disposition of shares for tax withholding.
Summary
- Robert Boyle, a VP, GC, and Secretary at Phinia Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 14, 2025, Boyle acquired 202 shares of common stock through automatic reinvestment of dividends at $0 per share.
- On the same day, Boyle disposed of 21 shares of common stock at $42.88 per share to satisfy tax withholding obligations.
- Following these transactions, Boyle beneficially owns 37,258 shares of Phinia Inc. common stock, including 25,200 shares of restricted stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects routine transactions related to dividend reinvestment and tax obligations, with no indication of significant positive or negative developments.
Positives
- The acquisition of shares through dividend reinvestment indicates a continued investment in the company by the reporting person.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard transactions related to dividend reinvestment and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock acquisition via dividend reinvestment and stock disposal for tax withholding. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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