Form 4: PHINIA CEO Gifts 5,000 Shares to Charitable Trust
Statement of Changes in Beneficial Ownership
PHINIA Inc.'s President and CEO, Brady D. Ericson, reported a gift of 5,000 common shares to a charitable trust.
Summary
- Brady D. Ericson, President and CEO, and a Director of PHINIA INC. (PHIN), reported a transaction.
- On December 1, 2025, Ericson disposed of 5,000 shares of common stock as a gift to a charitable trust.
- The transaction was made pursuant to a Rule 10b5-1(c) plan.
- Following this transaction, Ericson beneficially owns 403,756 shares of PHINIA common stock.
- The remaining beneficial ownership includes 159,312 shares of restricted stock and 54,177 restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. While an insider disposed of shares, it was a gift to a charitable trust, which is generally viewed as a positive personal action, and the transaction was pre-planned. It does not indicate a lack of confidence in the company.
Positives
- The transaction demonstrates charitable giving by a senior executive, which can reflect positively on corporate social responsibility.
Negatives
- The transaction reduces the direct common stock holdings of a key executive, though the amount is relatively small compared to total beneficial ownership.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance.
Industry Context
This insider transaction is a routine disclosure and does not provide specific insights into broader industry trends or competitive landscape for PHINIA INC.
Related Party Transactions
- A gift of 5,000 shares of common stock to a charitable trust by the President and CEO.
Stakeholder Impact
- Shareholders: Minimal direct impact due to the relatively small number of shares involved in the gift.
- Employees: No direct impact indicated.
- Customers/Suppliers/Creditors: No direct impact indicated.
Key Dates
| Date | Description |
|---|---|
| 12/01/2025 | Date of transaction where 5,000 shares were gifted. |
| 12/02/2025 | Date the Form 4 was signed and filed. |
Keywords
PHINIA INC., PHIN, Form 4, Insider Transaction, Stock Gift, CEO, Beneficial Ownership, Charitable Trust, Rule 10b5-1
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