Form 4: PHINIA Director Samuel R. Chapin Increases Stake Through Automatic Dividend Reinvestment

PHINIA Inc. Director Samuel R. Chapin acquired 21 shares of common stock through dividend reinvestment, increasing his total beneficial ownership to 23,876 shares.

Summary

• Samuel R. Chapin, a Director of PHINIA INC. (PHIN), acquired 21 shares of common stock.
• The transaction occurred on June 16, 2025.
• The shares were acquired at a price of $0, indicating they were not purchased on the open market.
• This acquisition resulted from the automatic reinvestment of dividends on outstanding restricted stock held by Mr. Chapin, as required by the terms of such award.
• Following this transaction, Mr. Chapin beneficially owns a total of 23,876 shares of PHINIA common stock, which includes 3,320 shares of restricted stock.

Sentiment

Score: 6

Explanation: Slightly positive. While the transaction is small and automatic, any increase in insider ownership, even through dividend reinvestment, can be viewed as a minor positive signal of confidence in the company by its leadership.

Positives

• An insider, Director Samuel R. Chapin, increased his beneficial ownership in the company, which can be seen as a minor sign of confidence.
• The increase was due to automatic dividend reinvestment, indicating a long-term holding strategy for existing equity awards.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The filing indicates that the shares were acquired as required by the terms of the outstanding restricted stock award, reflecting an automatic process rather than a discretionary purchase.

Industry Context

This Form 4 filing details an individual insider transaction and does not provide information relevant to broader industry trends or competitive analysis.

Comparison to Industry Standards

• This document is a standard insider transaction report (Form 4) and does not contain information that allows for a comparison to global benchmarks, specific comparable companies, projects, or results.

Stakeholder Impact

• Shareholders: The increase in a director's beneficial ownership, even if automatic, can be perceived as a minor positive signal of alignment with shareholder interests.

Next Steps

• This Form 4 filing does not mention any specific future actions, events, or milestones.

Key Dates

Keywords

PHINIA INC., PHIN, Samuel R. Chapin, Director, Insider Transaction, Form 4, Dividend Reinvestment, Common Stock, Restricted Stock