[Form 4] PHINIA Inc. Insider Trading Activity
Rhea-AI Filing Summary
Michael Coetzee, an officer and director of PHINIA Inc. (PHIN), reported a transaction dated 08/29/2025 in which 1,268 common shares were disposed of at a price of $58.48 per share. The filing states these shares were automatically and mandatorily withheld to satisfy tax withholding upon the vesting of restricted stock. After the reported transaction, Mr. Coetzee beneficially owns 28,167 common shares, which include 12,881 restricted shares. The Form 4 was signed by counsel on behalf of Mr. Coetzee on 09/03/2025.
Positive
- Post-transaction ownership of 28,167 shares indicates continued insider stake
- 12,881 shares are restricted, showing retained equity subject to vesting/lock-up
Negative
- 1,268 shares disposed on 08/29/2025 at $58.48 per share
- Shares were withheld to satisfy tax withholding upon restricted stock vesting, reducing outstanding insider-held shares
Insights
TL;DR: Insider reported a small, mandatory share withholding related to restricted stock vesting; remaining stake is substantial in absolute terms.
The filing documents a non-discretionary disposal of 1,268 shares at $58.48 on 08/29/2025 that occurred to satisfy required tax withholding upon vesting of restricted stock. The reported post-transaction beneficial ownership is 28,167 shares, of which 12,881 are restricted. For investors, this is a routine administrative action rather than an open-market sale for liquidity; it reduces share count held by the insider but leaves meaningful ongoing ownership.
TL;DR: Transaction appears to be routine tax withholding for vesting restricted stock; disclosure meets Section 16 reporting requirements.
The Form 4 clearly discloses the nature of the disposal as mandatory withholding following vesting and provides post-transaction ownership details. The filing identifies the reporting person as an officer and director and was executed by an attorney-in-fact. This is a standard compliance disclosure; no indications of undisclosed related-party transactions or departures from reporting norms are present in the document.