[Form 4] PHINIA Inc. Insider Trading Activity
Rhea-AI Filing Summary
John Lipinski, Vice President and General Manager, Fuel Systems Europe at PHINIA Inc. (PHIN), reported a transaction dated 08/29/2025. The filing shows 1,801 common shares were disposed (code F) at a price of $58.48 per share; the filing explains these were shares automatically and mandatorily withheld to satisfy tax withholding upon the vesting of restricted stock. After the transaction, Lipinski beneficially owns 22,252 shares, which includes 11,892 restricted shares. The Form 4 was signed by an attorney-in-fact on 09/03/2025. The filing documents an insider share withholding event tied to vesting, and discloses the officer’s post-transaction ownership.
Positive
- Clear disclosure of insider transaction including price, date, and post-transaction holdings
- Explanation provided that 1,801 shares were withheld to satisfy tax withholding upon restricted stock vesting
Negative
- Insider ownership decreased by 1,801 shares following withholding
- Substantial portion of holdings (11,892 shares) remain restricted, limiting immediate liquidity
Insights
TL;DR: Routine tax-withholding sale on vesting; no new options or derivative activity reported.
The Form 4 documents a common practice where restricted stock vests and shares are withheld to cover required tax obligations. The disposition of 1,801 shares at $58.48 appears to be a withholding action rather than an open-market directional sale. Post-transaction beneficial ownership of 22,252 shares, including 11,892 restricted shares, remains sizable for an officer-level insider. From a market-impact perspective, this record is neutral because it reflects compensation mechanics rather than an additional liquidity-driven sale.
TL;DR: Disclosure is clear and compliant; withholding on vesting is properly explained.
The filing provides the necessary Section 16 information: reporting person identity, relationship to issuer, transaction date, code, price, and post-transaction holdings. The explanation clarifies the nature of the disposition as mandatory tax withholding tied to restricted stock vesting. This transparency supports governance best practices by informing shareholders about compensation-related changes in insider holdings.