PHIN Insider Filing: Logar adds 86 shares via dividend reinvestment; 9 shares withheld
Rhea-AI Filing Summary
Matthew Logar, identified as an officer (VP and CIO) of PHINIA INC. (PHIN), reported two transactions dated 09/12/2025. He received 86 shares of common stock through automatic dividend reinvestment of restricted stock at $0 (code A), bringing his holdings to 18,068 shares held directly. Separately, 9 shares were mandatorily withheld to satisfy tax withholding on restricted stock vesting at an effective price of $58.20 (code F), leaving 18,059 shares shown after the transactions. The filing notes that 12,383 of the reported shares are restricted stock. The form was signed by an attorney-in-fact on behalf of Mr. Logar on 09/16/2025.
Positive
- Insider increased ownership by 86 shares through automatic dividend reinvestment, demonstrating continued equity accumulation.
- Clear disclosure of tax-withholding and restricted-share counts (12,383 restricted shares) aids investor transparency.
Negative
- Restricted stock vesting triggered mandatory withholding of 9 shares, reflecting compensation expense and potential dilution when shares vest.
- Transactions are small and provide limited new information about insider sentiment or significant ownership change.
Insights
TL;DR: Insider received dividend-reinvested restricted shares and had a small tax-withholding disposition; transactions are modest relative to typical market-moving activity.
The filing shows routine compensation-related activity rather than open-market purchases or large sales. The 86 shares acquired via automatic dividend reinvestment increase direct ownership modestly while the 9 shares withheld at $58.20 reflect tax obligations upon vesting. With total reported holdings around 18,000 shares and 12,383 of those restricted, these items are notable for disclosure but unlikely to materially affect capitalization or signal major insider sentiment changes.
TL;DR: Transactions are standard insider compensation mechanics; disclosure aligns with Section 16 filing requirements.
The form documents standard administrative events: dividend reinvestment into restricted stock and mandatory withholding for taxes upon vesting. Both actions are commonly governed by award agreements and company plans. Key governance point: the filing clearly identifies the nature of each action and indicates direct ownership. There is no indication of discretionary open-market trading or of any extraordinary governance event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 86 | $0.00 | -- |
| Tax Withholding | Common Stock | 9 | $58.20 | $523.80 |
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 12,383 shares of restricted stock.
