[Form 4] PHINIA INC. Insider Trading Activity
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.