Form 4: PHINIA VP Coetzee Reports Future Stock Transactions
Insider Transaction Report
PHINIA VP Michael Coetzee reported the future acquisition of 81 shares through dividend reinvestment and the disposition of 7 shares for tax withholding purposes, effective September 12, 2025.
Summary
- Michael Coetzee, VP and GM Fuel Syst. Americas for PHINIA INC. (PHIN), reported changes in beneficial ownership of common stock.
- On September 12, 2025, Mr. Coetzee is set to acquire 81 shares of common stock through the automatic reinvestment of dividends on outstanding restricted stock, with a transaction price of $0.
- Concurrently, on September 12, 2025, 7 shares of common stock are scheduled to be disposed of at a price of $58.2 per share to satisfy tax withholding requirements upon the vesting of restricted stock.
- Following these transactions, Mr. Coetzee's beneficial ownership will be 28,241 shares, which includes 12,941 shares of restricted stock.
Sentiment
Score: 5
Explanation: The filing reports routine insider stock transactions (dividend reinvestment and tax withholding) which are neutral in sentiment and do not indicate significant positive or negative developments for the company.
Positives
- The acquisition of 81 shares through dividend reinvestment indicates an ongoing equity participation and alignment of interests with shareholders.
Negatives
- The disposition of 7 shares for tax withholding purposes represents a minor reduction in direct shareholdings, though it is a routine administrative event.
Future Outlook
This filing details future scheduled transactions related to insider stock ownership and does not provide any forward-looking statements or guidance regarding the company's operational or financial performance.
Industry Context
This filing is a standard disclosure of insider stock transactions and does not provide information relevant to broader industry trends or competitor analysis.
Related Party Transactions
- Michael Coetzee, an officer of PHINIA INC., engaged in stock transactions involving the acquisition of shares via dividend reinvestment and the disposition of shares for tax withholding, which are considered related party dealings due to his insider status.
Stakeholder Impact
- Shareholders: Minimal impact, as these are routine and small-scale insider transactions that do not reflect a change in strategic direction or significant financial performance.
Key Dates
| Date | Description |
|---|---|
| 09/12/2025 | Date of earliest transaction, including acquisition of shares via dividend reinvestment and disposition for tax withholding. |
| 09/16/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed. |
Keywords
PHINIA, PHIN, Michael Coetzee, Form 4, Insider Transaction, Stock Ownership, Restricted Stock, Dividend Reinvestment, Tax Withholding
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.