Form 4: PHINIA Vice President Acquires Shares Through Routine Dividend Reinvestment
Insider Transaction Report
Samantha Pombier, Vice President and Controller of PHINIA INC., acquired 32 shares of common stock through the automatic reinvestment of dividends on her restricted stock holdings.
Summary
- Samantha Pombier, Vice President and Controller of PHINIA INC. (PHIN), acquired 32 shares of the company's common stock.
- The acquisition occurred on June 16, 2025, at a price of $0 per share.
- These shares were acquired as restricted stock through the automatic reinvestment of dividends on her existing outstanding restricted stock awards, as required by the terms of such awards.
- Following this transaction, Ms. Pombier beneficially owns 11,185 shares of PHINIA common stock, which includes 4,948 shares of restricted stock (including the newly reinvested dividends).
- The filing also includes a Power of Attorney, dated June 18, 2025, authorizing Robert Boyle, Kelly Albin, and Kate Vandenberg to execute and file Section 16 documents on behalf of Ms. Pombier.
Sentiment
Score: 5
Explanation: The document reports a routine, non-cash acquisition of shares by an insider through dividend reinvestment, which is a neutral event. It does not indicate significant positive or negative developments for the company.
Positives
- Insider acquisition, even if through dividend reinvestment, indicates continued participation in the company's equity.
- The automatic reinvestment of dividends suggests a long-term holding strategy for the restricted stock awards.
Future Outlook
NA
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction and does not provide information relevant to broader industry trends or competitive analysis. It reflects an individual executive's equity holdings and compensation structure within PHINIA INC.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Samantha Pombier, Vice President and Controller, granted a Power of Attorney to Robert Boyle, Kelly Albin, and Kate Vandenberg to prepare, execute, and file documents required by Section 16 of the Securities Exchange Act of 1934 on her behalf. This includes managing her EDGAR system account. | 06/18/2025 | This is a standard administrative measure to ensure timely and compliant SEC filings for insider transactions, enhancing corporate governance efficiency related to Section 16 reporting. |
Related Party Transactions
- The acquisition of shares by a corporate officer (Samantha Pombier) from the company through dividend reinvestment is inherently a related party transaction, though it is a routine and pre-defined aspect of her compensation structure.
Stakeholder Impact
- Shareholders: Minimal direct impact. A very small increase in insider ownership, but through a non-cash, routine mechanism.
Key Dates
| Date | Description |
|---|---|
| 06/16/2025 | Date of earliest transaction for the acquisition of 32 shares of common stock. |
| 06/18/2025 | Date the Form 4 was signed by the attorney-in-fact for Samantha Pombier, and the date the Power of Attorney was executed. |
Keywords
PHINIA INC., PHIN, Form 4, Insider Transaction, Samantha Pombier, Restricted Stock, Dividend Reinvestment, Beneficial Ownership, SEC Filing, Corporate Officer
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