PHIN.NYSEPhinia INC

Form 4: PHINIA Executive Neil Fryer Acquires Additional Shares Through Dividend Reinvestment

Sentiment:

Insider Transaction Report


PHINIA Inc. VP and GM Global Aftermarket, Neil Fryer, has increased his beneficial ownership in the company by acquiring 110 shares of common stock through the automatic reinvestment of dividends on restricted stock units.

Summary

  • Neil Fryer, VP and GM Global Aftermarket at PHINIA INC. (PHIN), acquired 110 shares of common stock on June 16, 2025.
  • The acquisition was made at a price of $0 per share, indicating it was not a market purchase.
  • These shares were acquired as restricted stock units following the automatic reinvestment of dividends on existing restricted stock units, as per the terms of the awards.
  • Following this transaction, Neil Fryer's total beneficial ownership in PHINIA INC. stands at 21,916 shares, which includes 17,627 restricted stock units.

Sentiment

Score: 6

Explanation: Slightly positive, as an executive increasing their stake, even through routine dividend reinvestment, generally signals confidence in the company. However, the transaction size is small and routine, limiting significant positive sentiment.

Positives

  • The acquisition of additional shares by a key executive, even through dividend reinvestment, demonstrates continued alignment of management's interests with shareholders.
  • The increase in beneficial ownership by Neil Fryer, a VP and GM of Global Aftermarket, signals confidence in the company's long-term prospects.

Future Outlook

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

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide broader industry context or trends. It reflects an executive's personal stock activity within the automotive components industry.

Stakeholder Impact

  • Shareholders: The increase in an executive's beneficial ownership aligns management's interests more closely with shareholders, potentially fostering greater confidence.

Key Dates

DateDescription
06/16/2025Date of transaction where Neil Fryer acquired 110 shares of common stock.
06/18/2025Date the Form 4 filing was signed by Kate Vandenberg as attorney-in-fact for Neil Fryer.

Keywords

PHINIA INC., PHIN, Neil Fryer, Form 4, Insider Transaction, Stock Acquisition, Dividend Reinvestment, Restricted Stock Units, Beneficial Ownership, Executive Compensation

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