PHINIA SVP has 2,712 shares withheld for taxes
Rhea-AI Filing Summary
PHINIA INC. (PHIN) reported an insider equity tax-withholding transaction by SVP and CIO Matthew Logar. On 2026-08-28, 2,712 shares of common stock were automatically and mandatorily withheld to satisfy tax withholding upon the vesting of restricted stock, at a reference price of $68.65 per share. After this non-market disposition, Logar held 16,833 shares directly, including 5,710 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,712 shares
Net Sell
1 txn
Insider
Logar Matthew
Role
SVP and CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 2,712 | $68.65 | $186K |
Holdings After Transaction:
Common Stock — 16,833 shares (Direct)
Footnotes (2)
- F1. Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock.
- F2. Includes 5,710 shares of restricted stock.
Key Figures
Shares withheld for tax: 2,712 shares
Reference price per share: $68.65 per share
Shares held after transaction: 16,833 shares
+1 more
4 metrics
Shares withheld for tax
2,712 shares
Common stock automatically withheld on 2026-08-28 to satisfy tax withholding
Reference price per share
$68.65 per share
Applied to 2,712 withheld shares for tax withholding on restricted stock vesting
Shares held after transaction
16,833 shares
Total PHIN common shares directly owned by Matthew Logar after the transaction
Restricted stock included in holdings
5,710 shares
Restricted stock included within the 16,833 post-transaction shares
Key Terms
restricted stock, tax withholding requirement, Common Stock, Payment of tax liability by delivering or withholding securities
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."
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description: Payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did PHIN (PHINIA INC.) report for Matthew Logar?
PHINIA reported that SVP and CIO Matthew Logar had 2,712 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.
Is the PHIN transaction reported under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as an affirmed trading plan, and the transaction is described instead as shares withheld for tax withholding on restricted stock vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.