Form 4: PHINIA Director Roger Wood Acquires Shares Through Pre-Planned Dividend Reinvestment

PHINIA Inc. Director Roger Wood increased his beneficial ownership of common stock by 21 shares through the automatic reinvestment of dividends on restricted stock, executed under a Rule 10b5-1 plan.

Summary

• Roger Wood, a Director of PHINIA Inc. (PHIN), acquired 21 shares of common stock on June 16, 2025.
• This acquisition was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged transaction.
• The shares were acquired at a price of $0 per share, resulting from the automatic reinvestment of dividends on his outstanding restricted stock.
• Following this transaction, Mr. Wood beneficially owns a total of 19,876 shares of PHINIA common stock, which includes 3,320 shares of restricted stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even through dividend reinvestment and a pre-planned mechanism, generally indicates continued alignment of interests with shareholders, which is a positive signal.

Positives

• Director Roger Wood increased his beneficial ownership in PHINIA Inc. by 21 shares, signaling continued alignment with shareholder interests.
• The acquisition was through automatic dividend reinvestment, indicating a mechanism for directors to grow their stake without direct cash outlay.
• The transaction was conducted under a Rule 10b5-1(c) plan, which demonstrates a pre-planned and transparent approach to insider trading.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the company's future performance or strategy.

Industry Context

This Form 4 filing reports a routine insider transaction, specifically a director's acquisition of shares through dividend reinvestment under a pre-arranged plan. Such filings are common and provide transparency into insider holdings but do not typically reflect broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: The transaction signals continued investment and alignment of a director with the company's equity, which can be viewed positively.

Key Dates

Keywords

PHINIA, PHIN, Form 4, insider trading, director, stock acquisition, dividend reinvestment, restricted stock, beneficial ownership, Rule 10b5-1