[Form 4] PHINIA INC. Insider Trading Activity
Rhea-AI Filing Summary
Robert Boyle, VP, General Counsel and Secretary of PHINIA INC. (PHIN), reported two transactions on 09/12/2025. He received 118 shares of restricted common stock at a $0 price through automatic dividend reinvestment into outstanding restricted awards. Separately, 14 shares were automatically and mandatorily withheld to satisfy tax withholding upon the vesting of restricted stock at a price of $58.20 per share. After these changes, Mr. Boyle beneficially owned 34,742 shares (the filing notes this total includes 18,740 restricted shares). The Form 4 was signed by an attorney-in-fact on 09/16/2025.
Positive
- Dividend reinvestment added 118 restricted shares, increasing insider alignment with shareholders
- Total beneficial ownership remains substantial at 34,742 shares, including 18,740 restricted shares
Negative
- 14 shares were withheld to satisfy tax obligations, slightly reducing free-floating insider holdings
Insights
TL;DR: Insider received dividends-in-kind and experienced routine tax withholding on vesting; ownership changed only modestly and appears procedural.
The Form 4 shows a non-discretionary dividend reinvestment that produced 118 restricted shares and an automatic withholding of 14 shares to cover taxes on vesting. These are standard compensation-plan mechanics rather than directional trading. The filing discloses a meaningful portion of Mr. Boyle's holdings are restricted (18,740 shares), which is relevant for assessing lock-up and governance alignment. No discretionary open-market purchases or large disposals are reported.
TL;DR: Transactions reflect equity compensation administration: dividend reinvestment and mandatory tax withholding on vesting.
The acquisition of 118 shares at $0 via dividend reinvestment is consistent with award terms that reinvest dividends into additional restricted stock. The 14-share disposition at $58.20 is described as mandatory withholding to satisfy tax obligations upon vesting, indicating employer payroll tax procedures rather than a voluntary sale. These mechanics affect share count and tax reporting but do not indicate a change in insider confidence or market signaling.