PHINIA VP has shares withheld for tax on vesting
PHINIA INC. executive Todd L. Anderson, VP and Chief Technology Officer, reported an automatic tax-withholding disposition of common stock tied to restricted stock vesting.
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Rhea-AI Filing Summary
PHINIA INC. executive Todd L. Anderson, VP and Chief Technology Officer, reported an automatic tax-withholding disposition of common stock tied to restricted stock vesting. On this transaction, 1,594 shares were withheld at a price of $72.63 per share to cover tax obligations.
Following this withholding event, Anderson directly owns 31,007 common shares, which includes 8,546 shares of restricted stock that remain subject to vesting conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,594 | $72.63 | $116K |
Footnotes (2)
- F1. Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock.
- F2. Includes 8,546 shares of restricted stock.
FAQ
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What insider transaction did PHINIA (PHIN) executive Todd L. Anderson report?
What does transaction code “F” mean in the PHINIA (PHIN) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.