[Form 4] PHINIA INC. Insider Trading Activity
PHINIA Inc. director and officer Dori Sebastian reported transactions on 09/12/2025 showing routine equity activity tied to restricted stock units. Dividend equivalents on outstanding RSUs were automatically reinvested, resulting in the acquisition of 63 shares at no cash cost. Several RSU-related share dispositions occurred to satisfy tax-withholding obligations: 121 shares were withheld at an indicated price of $58.48 and 9 shares were withheld at $58.20, leaving the reporting person with 17,501 shares beneficially owned (which includes 9,997 RSUs).
The Form 4 was signed by an attorney-in-fact on 09/16/2025. All transactions appear to be administrative actions related to RSU vesting, dividend reinvestment, and tax withholding rather than open-market discretionary trades.
- Compliance: Timely Form 4 filing documents insider transactions and maintains regulatory transparency
- Alignment: Acquisition of 63 shares via dividend-equivalent reinvestment increases executive ownership without cash outlay
- Held shares reduced: Mandatory withholding resulted in the disposition of 130 shares (121 and 9) which reduced reported beneficial ownership
- Concentration: A significant portion of reported beneficial ownership (9,997 RSUs) remains in restricted form and subject to vesting conditions
Insights
TL;DR: Routine RSU vesting and tax-withholding transactions; no evidence of market-timing or material change in control.
The filing documents automatic reinvestment of dividend equivalents that converted into 63 shares and mandatory withholding of shares to satisfy taxes upon RSU vesting (121 shares at $58.48 and 9 shares at $58.20). The remaining beneficial ownership is reported as 17,501 shares including 9,997 RSUs. For investors, this is a standard compensation-related disclosure with limited directional signal about company prospects.
TL;DR: Administrative insider activity consistent with standard equity compensation and compliance procedures.
The report indicates the reporting person is both a director and an officer (VP and CPO), and transactions were executed under plan terms: dividend-equivalent reinvestment and mandatory withholding for taxes. The presence of an attorney-in-fact signature suggests proper procedural handling. These actions do not indicate an unusual governance event or executive departure.