[Form 4] PHINIA INC. Insider Trading Activity
Norman Daun, a director of PHINIA INC. (PHIN), reported an acquisition of common stock on 09/12/2025. The filing shows a transaction coded "A" indicating acquisition of 15 shares of common stock at a reported price of $0, which the filer explains were restricted shares issued by automatic reinvestment of dividends on existing restricted stock. After the transaction Mr. Daun beneficially owned 19,891 shares, of which 3,335 shares are restricted. The Form 4 was signed by an attorney-in-fact on 09/16/2025.
- Director increased ownership through dividend reinvestment, bringing total beneficial ownership to 19,891 shares
- Disclosure includes restricted share count (3,335 restricted), improving transparency
- None.
Insights
TL;DR: Director acquired a small number of restricted shares via dividend reinvestment; ownership modestly increased.
The reported purchase of 15 shares at $0 reflects dividend reinvestment into restricted stock rather than a market purchase, so it does not represent new cash investment or change in control. The post-transaction beneficial ownership of 19,891 shares provides a snapshot of the director's stake but, absent company capitalization data or recent trading activity, the transaction is routine and unlikely to move valuation metrics.
TL;DR: Routine insider filing documenting dividend reinvestment into restricted awards; governance impact is minimal.
The Form 4 properly discloses a Section 16 transaction by a director via reinvested dividends into restricted stock. Disclosure appears complete: transaction date, code, resulting beneficial ownership and restricted share count are provided. This is a standard administrative disclosure with no indicated related-party issues or material governance changes.