PHIN insider filing: dividend reinvestment and tax-withholding affect holdings
Rhea-AI Filing Summary
Form 4 filed for Todd L. Anderson, VP and Chief Technology Officer of Phinia Inc. (PHIN). The filing shows two transactions on 09/12/2025 affecting common stock. Mr. Anderson received 78 shares of restricted stock through automatic dividend reinvestment at $0 (code A), bringing his total beneficial ownership to 30,810 shares. Separately, 8 shares were disposed (code F) at $58.20 per share, leaving 30,802 shares reported after the transactions. The filing notes 12,456 of those shares are restricted stock and that 8 shares were withheld to satisfy tax obligations on vesting.
Positive
- Dividend reinvestment increased ownership by 78 restricted shares, showing continued participation in company equity programs
- Clear disclosure of tax-withholding on vesting and the number of restricted shares (12,456) improves transparency
Negative
- 8 shares disposed at $58.20 to satisfy tax withholding, which reduces immediately available shares
- Form 4 provides limited context — does not state total outstanding shares or proportion of insider ownership for materiality assessment
Insights
TL;DR: Routine insider activity: dividend reinvestment and tax-withholding on vesting, not a broad change in ownership.
The report documents non-discretionary retention and withholding around restricted stock awards. The 78-share dividend reinvestment increases reported holdings modestly while the 8-share disposition reflects mandatory tax withholding on vesting, not an open-market sale. No new equity grants, plan changes, or large disposals are shown. For governance review, this appears consistent with standard award administration and officer compensation mechanics.
TL;DR: Transactions are small and administrative; unlikely to materially affect investor valuation.
The data shows a net increase of 6 reported shares (30,810 to 30,802 due to disposition) once both transactions are considered, and total holdings include 12,456 restricted shares. The disposition price of $58.20 is disclosed for the 8-share tax-withholding event, which is an internal settlement rather than a market sale. From a market-impact perspective, the size of these movements is negligible relative to typical public float sizes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 78 | $0.00 | -- |
| Tax Withholding | Common Stock | 8 | $58.20 | $465.60 |
Footnotes (1)
- Reflects shares of restricted stock acquired following the automatic reinvestment of dividends on outstanding restricted stock held on the dividend record date, as required by the terms of such awards. Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock. Includes 12,456 shares of restricted stock.
