Form 4: PHINIA Director Latondra Newton Increases Stake
Insider Transaction Report
PHINIA Director Latondra Newton reported an increase in her beneficial ownership through the acquisition of deferred restricted stock units.
Summary
- Latondra Newton, a Director of PHINIA INC. (PHIN), reported changes in her beneficial ownership.
- Acquired 15 Deferred Restricted Stock Units (DRSUs) on September 12, 2025, through automatic dividend reinvestment.
- Each DRSU is the economic equivalent of one share of PHINIA Inc. common stock and will vest on the one-year anniversary of the grant date.
- These DRSUs will settle into an equal number of shares of the issuer's Common Stock upon the reporting person's termination of board service.
- Following this transaction, Ms. Newton beneficially owns 16,556 shares of Common Stock directly and 3,335 Deferred Restricted Stock Units directly.
Sentiment
Score: 7
Explanation: The acquisition of additional deferred restricted stock units by a director, even if through dividend reinvestment, indicates a continued alignment of interests with shareholders and confidence in the company's prospects.
Positives
- Director Latondra Newton increased her beneficial ownership of derivative securities (DRSUs) in PHINIA INC., signaling continued confidence in the company's future.
- The acquisition of Deferred Restricted Stock Units (DRSUs) through dividend reinvestment indicates a long-term commitment and aligns director interests with shareholders.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders may view the increased insider ownership of derivative securities as a positive signal of management's belief in the company's long-term value and commitment.
Key Dates
| Date | Description |
|---|---|
| 09/12/2025 | Grant date for Deferred Restricted Stock Units (DRSUs) acquired through dividend reinvestment. |
| 09/16/2025 | Date the Form 4 was signed by the attorney-in-fact for Latondra Newton. |
Recommendation
holdThe reported transaction involves a small acquisition of deferred restricted stock units through dividend reinvestment by a director. While it indicates continued alignment of interests, it is a routine event and not significant enough to warrant a change in investment recommendation based solely on this filing.
Keywords
PHINIA, PHIN, Latondra Newton, Director, Insider Transaction, Form 4, Deferred Restricted Stock Units, Beneficial Ownership, Dividend Reinvestment
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