Vanguard reports 5.01% stake in Phinia Inc
Phinia Inc reported that Vanguard Capital Management beneficially owns 1,899,671 shares of common stock, representing 5.01% of the class.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
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.
Key Figures
Key Terms
Schedule 13G regulatory
Beneficial ownership regulatory
Sole dispositive power regulatory
Sole voting power regulatory
CUSIP other
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Vanguard Capital Management report in Phinia Inc (PHIN)?
What does "sole dispositive power" mean in the PHIN Schedule 13G?
When was the Schedule 13G for PHIN signed and by whom?
What voting power does Vanguard report for its PHIN stake?
AI-generated analysis. How Rhea-AI works. Not financial advice.