Form 4: Phinia Inc. Executive Samantha Pombier Reports Acquisition of Common Stock Through Dividend Reinvestment

Samantha Pombier, Vice President and Controller of Phinia Inc., reports acquiring 45 shares of common stock through dividend reinvestment on September 13, 2024, increasing her total holdings to 11,350 shares.

Summary

• On September 13, 2024, Samantha Pombier, Vice President and Controller of Phinia Inc., acquired 45 shares of common stock.
• The acquisition was a result of automatic reinvestment of dividends on outstanding restricted stock.
• The price per share was $0.
• Following the transaction, Pombier's total beneficial ownership of Phinia Inc. common stock is 11,350 shares, which includes 8,358 shares of restricted stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction (dividend reinvestment) by a company insider. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The acquisition of shares through dividend reinvestment demonstrates Pombier's continued investment in 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 transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend reinvestment.

Key Dates