PHINIA CFO reports tax-withholding share disposals
Rhea-AI Filing Summary
PHINIA INC. Senior Vice President and CFO Chris P. Gropp reported tax-related share dispositions tied to restricted stock vesting. On February 27, 2026, 3,306 shares of common stock were automatically withheld at $72.63 per share to satisfy tax withholding upon vesting, leaving 63,767 shares held directly, including 30,053 shares of restricted stock.
On the same date, 612 shares of common stock held indirectly by Mr. Gropp’s spouse were also automatically withheld at $72.63 per share for tax purposes, with 3,958 shares remaining indirectly held, including 1,791 shares of restricted stock. Mr. Gropp disclaims beneficial ownership of the spouse-held securities, noting that this report does not constitute an admission of beneficial ownership for any purpose.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,306 | $72.63 | $240K |
| Exercise Price or Tax Liability | Common Stock | 612 | $72.63 | $44K |
Footnotes (3)
- F1. Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock.
- F2. Includes 30,053 shares of restricted stock.
- F3. Includes 1,791 shares of restricted stock. The reporting person disclaims beneficial ownership of these securities, and the filing of this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
FAQ
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