Form 4: Phinia Inc. Director Latondra Newton Reports Changes in Beneficial Ownership

Director Latondra Newton reports acquisition of common stock through dividend reinvestment and holding of restricted stock in Phinia Inc.

Summary

• On September 13, 2024, Latondra Newton, a director of Phinia Inc., reported a transaction involving the company's common stock.
• The transaction involved the acquisition of 18 shares of common stock through the automatic reinvestment of dividends on outstanding restricted stock.
• The price per share for the dividend reinvestment was $0.
• Following the reported transaction, Newton beneficially owns 16,519 shares of common stock, including 3,299 shares of restricted stock.
• Newton has granted power of attorney to Robert Boyle, Kelly Albin, and Lissette Jimenez to handle Section 16 filings.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing, reflecting a routine transaction. It doesn't inherently convey positive or negative sentiment.

Positives

• The acquisition of shares through dividend reinvestment indicates a continued investment in the company by the director.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company directors.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding insider transactions.

Key Dates