PHINIA SVP has 2,955 shares withheld for taxes
Rhea-AI Filing Summary
PHINIA INC. (PHIN) reported that officer Robert Boyle, SVP, GC and Secretary, had 2,955 shares of common stock automatically withheld on 2026-08-28 to satisfy tax withholding upon the vesting of restricted stock, at a reference price of $68.65 per share. After this tax-withholding disposition, he directly holds 32,817 shares, including 7,677 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,955 shares
Net Sell
1 txn
Insider
Boyle Robert
Role
SVP, GC and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 2,955 | $68.65 | $203K |
Holdings After Transaction:
Common Stock — 32,817 shares (Direct)
Footnotes (2)
- F1. Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock.
- F2. Includes 7,677 shares of restricted stock.
Key Figures
Shares withheld for tax: 2,955 shares
Reference price per share: $68.65 per share
Shares held after transaction: 32,817 shares
+1 more
4 metrics
Shares withheld for tax
2,955 shares
Automatically withheld on 2026-08-28 upon vesting of restricted stock
Reference price per share
$68.65 per share
Price reported for the 2,955 shares used to satisfy tax withholding
Shares held after transaction
32,817 shares
Directly owned by Robert Boyle following the 2026-08-28 transaction
Restricted stock included in holdings
7,677 shares
Portion of Boyle’s direct holdings reported as restricted stock
Key Terms
restricted stock, tax withholding requirement, Form 4, Code F transaction
4 terms
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."
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Code F transaction financial
"transaction_code": "F","transaction_code_description": "Payment of tax liability by delivering or withholding securities""
FAQ
What insider transaction did PHINIA INC. (PHIN) report for Robert Boyle?
PHINIA INC. reported that Robert Boyle had 2,955 common shares withheld on 2026-08-28 to satisfy tax withholding on vested restricted stock. This was reported as a Form 4 code F transaction, not an open-market sale.
Was the PHINIA (PHIN) Form 4 transaction an open-market sale?
No. The Form 4 shows a code F transaction, meaning 2,955 shares were automatically and mandatorily withheld to cover tax withholding on vesting restricted stock, rather than being sold in the open market.
Does the PHINIA (PHIN) Form 4 indicate any 10b5-1 trading plan for this transaction?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmatively marked, and the footnotes describe the transaction only as shares withheld to satisfy tax withholding upon restricted stock vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.