Form 4: Phinia Inc. VP and CHRO Alisa Di Beasi Reports Acquisition of Restricted Stock

Alisa Di Beasi, VP and CHRO of Phinia Inc., reports the acquisition of 2,819 shares of restricted stock, bringing her total holdings to 39,645 shares.

Summary

• On February 26, 2025, Alisa Di Beasi, VP and CHRO of Phinia Inc., acquired 2,819 shares of common stock.
• These shares were awarded as restricted stock at a price of $0.
• The restricted stock will vest in three substantially equal annual installments beginning February 28, 2026.
• Following this transaction, Di Beasi's total beneficial ownership in Phinia Inc. amounts to 39,645 shares, including 32,902 shares of restricted stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.

Positives

• The acquisition of restricted stock aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the executive.

Future Outlook

The vesting of the restricted stock over three years suggests an expectation of continued employment and contribution from the executive.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates standard executive compensation practices.

Comparison to Industry Standards

• Restricted stock awards are a common component of executive compensation packages in publicly traded companies.
• Vesting schedules, typically over 3-4 years, are designed to retain key personnel and align their interests with shareholder value.
• Companies like BorgWarner and Cummins, which operate in similar industries, also utilize restricted stock and option grants as part of their executive compensation plans.

Stakeholder Impact

• Shareholders may view the restricted stock award as a positive incentive for the executive to contribute to the company's long-term success.
• Employees may see this as a standard part of executive compensation.

Key Dates