PHINIA CEO sells 27,860 shares around $68
Rhea-AI Filing Summary
PHINIA INC. (PHIN) reported insider transactions by President and CEO Brady D. Ericson. On August 28, 2026, 31,195 shares of common stock were automatically withheld to satisfy tax obligations upon vesting of restricted stock. On August 31, 2026, Ericson sold 940 shares at a weighted average price of $68.0321 per share and 26,920 shares at a weighted average price of $68.4065 per share in open-market or private transactions. The filing notes that the sales occurred in multiple trades within the stated price ranges.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 59,055 shares
Net Sell
3 txns
Insider
Ericson Brady D
Role
President and CEO
Sold
27,860 shs ($1.91M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 940 | $68.0321 | $64K |
| Sale | Common Stock F3, F4 | 26,920 | $68.4065 | $1.84M |
| Tax Withholding | Common Stock F1 | 31,195 | $68.65 | $2.14M |
Holdings After Transaction:
Common Stock — 330,497 shares (Direct)
Footnotes (4)
- F1. Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.98 to $68.06, inclusive. The reporting person has provided to the issuer, and will provide to any security holder of the issuer or the staff of the Securities and Exchange Commission upon request, information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.125 to $69.06, inclusive. The reporting person has provided to the issuer, and will provide to any security holder of the issuer or the staff of the Securities and Exchange Commission upon request, information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F4. Includes 69,122 shares of restricted stock.
Key Figures
Shares sold (first block): 940 shares
Weighted average sale price (first block): $68.0321 per share
Shares sold (second block): 26,920 shares
+4 more
7 metrics
Shares sold (first block)
940 shares
Common Stock sold on August 31, 2026 at weighted average price
Weighted average sale price (first block)
$68.0321 per share
Common Stock sale of 940 shares on August 31, 2026
Shares sold (second block)
26,920 shares
Common Stock sold on August 31, 2026 at weighted average price
Weighted average sale price (second block)
$68.4065 per share
Common Stock sale of 26,920 shares on August 31, 2026
Shares withheld for tax withholding requirement
31,195 shares
Common Stock automatically and mandatorily withheld on August 28, 2026 upon vesting of restricted stock
Price range for 940-share sale
$67.98–$68.06 per share
Multiple transactions aggregated into weighted average of $68.0321
Price range for 26,920-share sale
$68.125–$69.06 per share
Multiple transactions aggregated into weighted average of $68.4065
Key Terms
weighted average price, restricted stock, tax withholding requirement
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock financial
"Shares automatically and mandatorily withheld to satisfy the tax withholding requirement 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
"Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock."
FAQ
What insider transactions did PHINIA INC. (PHIN) report for Brady D. Ericson?
PHINIA reported that President and CEO Brady D. Ericson had 31,195 shares withheld on August 28, 2026 for tax obligations on vested restricted stock and sold 27,860 shares of common stock on August 31, 2026 in open-market or private transactions at weighted average prices around $68.
Were Brady D. Ericson’s PHIN transactions under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and no footnote states that the reported transactions were made pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.