[Form 4] PHINIA Inc. Insider Trading Activity
Rhea-AI Filing Summary
Matthew Logar, Vice President and Chief Investment Officer of PHINIA Inc. (PHIN), reported a nondiscretionary disposition of securities on 08/29/2025. The filing shows 1,778 shares of Common Stock were disposed of under transaction code F (shares withheld to satisfy tax withholding upon restricted stock vesting) at a price of $58.48 per share. After the reported transaction, Mr. Logar beneficially owns 17,982 shares, which includes 12,326 restricted shares. The Form 4 was signed by an attorney-in-fact on 09/03/2025.
Positive
- Timely disclosure of the transaction under Section 16 requirements
- Insider retains 17,982 shares, including 12,326 restricted shares, indicating continued ownership alignment with the company
Negative
- None.
Insights
TL;DR Routine tax-withholding sale on restricted stock vesting; insider retains material stake.
The filing records a disposition coded F, indicating shares were automatically withheld to meet tax obligations when restricted shares vested. The sale of 1,778 shares at $58.48 is a mechanical transaction tied to compensation, not an open-market discretionary sale. Post-transaction ownership of 17,982 shares, including 12,326 restricted shares, means the reporting person continues to hold a meaningful equity position tied to compensation arrangements rather than liquidating a stake.
TL;DR Disclosure aligns with Section 16 requirements; action appears compliance-driven rather than strategic.
The Form 4 discloses an insider tax-withholding disposition, properly reported with transaction code F. Reporting and signature via attorney-in-fact indicate procedural compliance. There is no indication of additional discretionary sales or changes in control; the filing documents vesting-related mechanics and remaining restricted holdings.