Vanguard Capital Management reports 5.01% stake in Phinia Inc (PHIN)
Rhea-AI Filing Summary
Phinia Inc reported that Vanguard Capital Management beneficially owns 1,899,671 shares of common stock, representing 5.01% of the class. The filing states Vanguard has sole dispositive power over 1,899,671 shares and sole voting power over 288,434 shares. The filing lists Vanguard affiliates that exercise voting or dispositive power on behalf of certain funds and accounts. The address for the reporting person is 100 Vanguard Blvd., Malvern, PA. The filing is signed by Ashley Grim, Head of Global Fund Administration.
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Insights
Vanguard holds a measurable passive stake in Phinia at the 5% reporting threshold.
Vanguard Capital Management reports beneficial ownership of 1,899,671 shares, equal to 5.01% of outstanding common stock, triggering public disclosure under Schedule 13G when ownership is passive or meets reporting conditions.
Ownership is recorded as having sole dispositive power for the full stake and sole voting power for 288,434 shares. Future changes in voting or disposition authority would require updated filings.