Form 4: Phinia Inc. Executive Acquires Shares Through Dividend Reinvestment, Disposes of Shares for Tax Withholding

Todd L. Anderson, VP and Chief Technology Officer of Phinia Inc., reports acquiring shares through dividend reinvestment and disposing of shares to cover tax obligations.

Summary

• On March 14, 2025, Todd L. Anderson, VP and Chief Technology Officer of Phinia Inc., acquired 149 shares of common stock through the automatic reinvestment of dividends.
• On the same day, Anderson disposed of 15 shares of common stock to satisfy tax withholding requirements at a price of $42.88 per share.
• Following these transactions, Anderson beneficially owns 32,298 shares of Phinia Inc., including 16,554 shares of restricted stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to dividend reinvestment and tax obligations. There is no indication of significant positive or negative sentiment.

Positives

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

Negatives

• The disposal of shares to cover tax obligations, while routine, slightly reduces the executive's holdings.

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 have a minimal impact on stakeholders as they are routine and do not represent a significant change in ownership.

Key Dates