PHINIA Inc. (PHIN) CEO reports Form 4 tax-withholding share event
Rhea-AI Filing Summary
PHINIA Inc. (PHIN) President and CEO, who also serves as a director, reported an automatic share withholding tied to equity compensation. On 12/31/2025, 23,732 shares of common stock were disposed of at $62.69 per share in a transaction coded “F,” meaning the shares were withheld to cover taxes due when restricted stock units vested, rather than sold in an open-market trade.
After this tax-withholding event, the reporting person beneficially owned 381,019 shares of PHINIA common stock, which includes 160,054 shares of restricted stock. The filing indicates it was made by one reporting person and notes the use of an attorney-in-fact signature authority.
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FAQ
What insider transaction did PHINIA Inc. (PHIN) report in this Form 4?
The Form 4 reports that on 12/31/2025, the PHINIA Inc. President and CEO, who is also a director, had 23,732 shares of common stock disposed of in a transaction coded “F,” reflecting shares withheld to satisfy tax obligations on vested restricted stock units.
Was the PHINIA (PHIN) Form 4 transaction an open-market sale?
No. The transaction is coded “F,” and the explanation states the 23,732 shares were automatically and mandatorily withheld to meet tax withholding requirements when restricted stock units vested, not sold on the open market.
How many PHINIA Inc. (PHIN) shares does the insider own after the reported transaction?
Following the reported tax-withholding transaction, the insider beneficially owned 381,019 shares of PHINIA common stock, which the filing notes includes 160,054 shares of restricted stock.
What is the reported price for the PHINIA (PHIN) tax-withholding shares?
The 23,732 shares withheld to cover taxes were reported at a price of $62.69 per share in the Form 4.
What role does the reporting person hold at PHINIA Inc. (PHIN)?
The reporting person is identified as both a Director and an Officer, serving as President and CEO of PHINIA Inc.
Does the PHINIA (PHIN) Form 4 involve derivative securities like options or warrants?
The section for derivative securities is included in the form layout, but in this filing the detailed activity relates to common stock withheld for taxes on vested restricted stock units, as explained in the responses section.