PHINIA (PHIN) SVP Di Beasi reports tax-withholding share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA INC. senior vice president and chief human resources officer Alisa Di Beasi reported a tax-related share disposition. On the vesting of restricted stock, 2,118 shares of common stock were automatically and mandatorily withheld at $72.63 per share to satisfy tax withholding requirements. After this transaction, she directly holds 35,260 common shares, including 12,574 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Di Beasi Alisa
Role
SVP and CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,118 | $72.63 | $154K |
Holdings After Transaction:
Common Stock — 35,260 shares (Direct)
Footnotes (1)
- Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock. Includes 12,574 shares of restricted stock.
FAQ
What insider transaction did PHINIA (PHIN) report for Alisa Di Beasi?
PHINIA reported that Alisa Di Beasi had 2,118 common shares automatically withheld to cover taxes upon the vesting of restricted stock. This was a tax-withholding disposition, not an open-market trade, and reflects routine equity compensation administration.
Was the PHINIA (PHIN) insider transaction an open-market sale?
No, the transaction was not an open-market sale. Shares were automatically and mandatorily withheld to satisfy tax withholding obligations when restricted stock vested, which is a common administrative mechanism in stock-based compensation plans.
What role does Alisa Di Beasi hold at PHINIA (PHIN) in this Form 4?
Alisa Di Beasi is identified as a senior vice president and chief human resources officer at PHINIA. The Form 4 reports her equity compensation-related tax-withholding transaction involving restricted stock that vested and triggered share withholding for taxes.
What does transaction code F mean in the PHINIA (PHIN) Form 4?
Transaction code F in this Form 4 indicates payment of a tax liability or exercise price by delivering securities. In this case, 2,118 shares of PHINIA common stock were withheld automatically to satisfy tax withholding obligations upon restricted stock vesting.