Form 4: Phinia Inc. Director Robin Kendrick Reports Changes in Beneficial Ownership

Director Robin Kendrick reports acquisition of Phinia Inc. shares through dividend reinvestment and restricted stock awards.

Summary

• On September 12, 2024, Director Robin Kendrick acquired 86 shares of Phinia Inc. common stock at $45.684 per share through a trust brokerage account.
• On September 13, 2024, Kendrick acquired 18 shares of restricted stock following the automatic reinvestment of dividends.
• Following these transactions, Kendrick directly owns 16,519 shares, including 3,299 shares of restricted stock, and indirectly owns 15,720 shares through a trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as the transactions reflect continued investment by a director, but are routine in nature.

Positives

• The acquisition of shares through dividend reinvestment indicates a continued investment in the company by the director.
• The acquisition of restricted stock aligns the director's interests with the long-term performance of the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transactions signal to shareholders that the director has a continued stake in the company's success.

Key Dates