Form 4: Phinia Inc. Executive Sebastian Dori Sells 409 Shares of Common Stock
SEC Form 4 Filing
Sebastian Dori, VP and CPO of Phinia Inc., sold 409 shares of common stock at $41 per share on May 2, 2024.
Summary
- On May 2, 2024, Sebastian Dori, a VP and CPO at Phinia Inc., sold 409 shares of common stock.
- The transaction was executed at a price of $41 per share.
- Following the transaction, Dori directly owns 20,162 shares of Phinia Inc.
- 17,904 of the shares are restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions by an executive, and does not inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the small number of shares sold is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of transaction: Sebastian Dori sold 409 shares of common stock. |
| 05/06/2024 | Date of signature on the Form 4 filing. |
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