PHINIA VP has 1,530 shares withheld for taxes
Rhea-AI Filing Summary
PHINIA INC. (PHIN) reported that officer Christopher Gustanski, VP Operational Excellence, had 1,530 shares of common stock automatically withheld on 2026-08-28 to satisfy the tax withholding requirement upon vesting of restricted stock. After this withholding, he directly holds 13,398 shares, including 3,174 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,530 shares
Net Sell
1 txn
Insider
Gustanski Christopher
Role
VP, Operational Excellence
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 1,530 | $68.65 | $105K |
Holdings After Transaction:
Common Stock — 13,398 shares (Direct)
Footnotes (2)
- F1. Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock.
- F2. Includes 3,174 shares of restricted stock.
Key Figures
Shares withheld for tax: 1,530 shares of Common Stock
Reported value per share: $68.65 per share
Shares owned after transaction: 13,398 shares of Common Stock
+1 more
4 metrics
Shares withheld for tax
1,530 shares of Common Stock
Automatically and mandatorily withheld on 2026-08-28 to satisfy tax withholding upon vesting of restricted stock
Reported value per share
$68.65 per share
Value used for the 1,530 withheld shares in the tax withholding transaction
Shares owned after transaction
13,398 shares of Common Stock
Direct holdings of Christopher Gustanski following the 2026-08-28 withholding event
Restricted stock included in holdings
3,174 shares of restricted stock
Portion of the 13,398 post-transaction shares that are restricted stock
Key Terms
restricted stock, tax withholding requirement, Power of Attorney
3 terms
restricted stock financial
"upon the vesting of restricted stock."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding requirement financial
"withheld to satisfy the tax withholding requirement upon the vesting"
Power of Attorney regulatory
"Power of Attorney is attached hereto as Exhibit 24."
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What transaction did PHINIA INC. (PHIN) report for Christopher Gustanski on this Form 4?
PHINIA INC. reported that 1,530 shares of common stock were automatically and mandatorily withheld from Christopher Gustanski on 2026-08-28 to satisfy the tax withholding requirement upon the vesting of restricted stock, coded as a Form 4 transaction type F.
Was the PHINIA (PHIN) Form 4 transaction a market sale or a tax withholding event?
The Form 4 transaction was a tax withholding event, not an open-market sale. The filing states the shares were "automatically and mandatorily withheld to satisfy the tax withholding requirement" upon the vesting of restricted stock.
Does the PHINIA (PHIN) Form 4 indicate any Rule 10b5-1 trading plan for this transaction?
No. The metadata indicates the Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), and the footnotes do not describe the transaction as being executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.