Form 4: PHINIA Director Norman Daun Increases Stake Through Dividend Reinvestment

PHINIA Inc. Director Norman Daun increased her beneficial ownership by 21 shares of common stock through the automatic reinvestment of dividends on restricted stock.

Summary

• The filing reports a transaction by Norman Daun, a Director of PHINIA INC. (PHIN).
• On June 16, 2025, Ms. Daun acquired 21 shares of PHINIA Common Stock.
• The acquisition was made at a price of $0 per share, indicating it was a non-cash transaction.
• This acquisition reflects shares of restricted stock obtained through the automatic reinvestment of dividends on outstanding restricted stock held by Ms. Daun.
• Following this transaction, Norman Daun beneficially owns a total of 19,876 shares of PHINIA common stock.
• The total beneficial ownership includes 3,320 shares of restricted stock.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving dividend reinvestment, which is neutral in terms of market sentiment as it reflects a standard compensation and ownership mechanism rather than a discretionary investment or divestment.

Positives

• Director Norman Daun increased her beneficial ownership in PHINIA INC. by 21 shares, demonstrating continued investment in the company.
• The acquisition was through automatic dividend reinvestment, indicating participation in company's equity programs and a long-term holding strategy for restricted stock.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically a director's acquisition of shares through dividend reinvestment. It provides transparency regarding an insider's stake in the company but does not offer insights into broader industry trends or competitive positioning.

Related Party Transactions

• The acquisition of shares by Director Norman Daun through dividend reinvestment is a related party transaction, as it involves an insider's dealings with the company's equity.

Stakeholder Impact

• Shareholders: Provides transparency regarding the holdings of a company director, showing a minor increase in their stake through a routine dividend reinvestment program.

Key Dates

Keywords

PHINIA, PHIN, Form 4, insider transaction, director, stock acquisition, dividend reinvestment, restricted stock, beneficial ownership