PHINIA VP has 1,806 shares withheld for taxes
Rhea-AI Filing Summary
PHINIA INC. (PHIN) reported that officer Dori Sebastian, VP and CPO, had 1,806 shares of common stock automatically withheld on 2026-08-28 to satisfy tax withholding due on the vesting of restricted stock units. After this tax-withholding disposition, Sebastian directly holds 14,778 shares of common stock, including 3,174 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,806 shares
Net Sell
1 txn
Insider
Dori Sebastian
Role
VP and CPO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 1,806 | $68.65 | $124K |
Holdings After Transaction:
Common Stock — 14,778 shares (Direct)
Footnotes (2)
- F1. Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock units.
- F2. Includes 3,174 restricted stock units.
Key Figures
Shares withheld for taxes: 1,806 shares of Common Stock
Per-share value for withholding: $68.65 per share
Shares held after transaction: 14,778 shares of Common Stock
+1 more
4 metrics
Shares withheld for taxes
1,806 shares of Common Stock
Automatically and mandatorily withheld on 2026-08-28 to satisfy tax withholding upon RSU vesting
Per-share value for withholding
$68.65 per share
Applied to 1,806 withheld shares of PHINIA INC. common stock
Shares held after transaction
14,778 shares of Common Stock
Direct ownership by Dori Sebastian following the 2026-08-28 tax-withholding disposition
Restricted stock units included in holdings
3,174 restricted stock units
Part of the 14,778 directly held shares after the reported transaction
Key Terms
restricted stock units, tax withholding requirement, Payment of tax liability by delivering or withholding securities
3 terms
restricted stock units financial
"Includes 3,174 restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding requirement financial
"withheld to satisfy the tax withholding requirement upon the vesting"
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description: Payment of tax liability by delivering or withholding"
FAQ
What insider transaction did PHINIA INC. (PHIN) report for Dori Sebastian?
The company reported that 1,806 common shares were automatically and mandatorily withheld on 2026-08-28 to satisfy the tax withholding requirement upon vesting of restricted stock units held by VP and CPO Dori Sebastian.
Was the PHIN Form 4 transaction a market sale or a tax withholding?
The Form 4 states the transaction was a Code F event: shares were automatically and mandatorily withheld to satisfy tax withholding upon restricted stock unit vesting, not a discretionary open-market sale.
Does the PHIN Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The Form 4 indicates no Rule 10b5-1 plan affirmation, and the transaction is described as automatic tax withholding upon restricted stock unit vesting rather than a trading-plan sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.