[Form 4] PHINIA INC. Insider Trading Activity
Samantha Pombier, identified as Vice President and Controller of PHINIA INC. (PHIN), reported a transaction dated 09/12/2025 on Form 4 showing the acquisition of 24 shares of Common Stock at a reported price of $0. The filing states these shares were restricted stock received through automatic reinvestment of dividends on outstanding restricted awards. After the transaction, the reporting person beneficially owned 10,809 shares, which explicitly includes 4,972 shares of restricted stock. The Form 4 is signed by an attorney-in-fact, Kelly A. Albin, on 09/16/2025.
- Acquisition via dividend reinvestment: 24 shares added through automatic reinvestment, showing continued insider participation in equity
- Clear disclosure: Form 4 explains the nature of the shares and reports post-transaction beneficial ownership of 10,809 shares including 4,972 restricted
- None.
Insights
TL;DR: Small dividend reinvestment increased insider holdings marginally; transaction appears routine and non-dilutive.
The reported acquisition of 24 shares at $0 reflects automatic dividend reinvestment into restricted stock rather than an open-market purchase, indicating retention of equity through award terms. The post-transaction beneficial ownership of 10,809 shares, including 4,972 restricted shares, documents the insider's existing stake but does not represent a material change in capital structure or control. For investors, this is a routine insider holding update with limited market impact.
TL;DR: Transaction complies with award terms and Section 16 reporting; no governance concerns evident from the filing.
The Form 4 discloses a non-derivative acquisition by an officer via automatic dividend reinvestment into restricted stock, a common mechanism under equity award plans. The filing was executed by an attorney-in-fact and includes the required explanatory remarks about dividend reinvestment and restricted-share count. There are no indications of unusual timing, related-party transfers, or departures from standard disclosure practices in this document.