PHINIA (NYSE: PHIN) VP sees shares withheld to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA INC. executive Christopher Gustanski, VP of Operational Excellence, reported a tax-related share disposition. On this event, 1,654 shares of common stock were automatically withheld at $72.63 per share to satisfy tax obligations when restricted stock vested. After this withholding, he directly holds 18,683 common shares, which the note states includes 6,744 shares of restricted stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gustanski Christopher
Role
VP, Operational Excellence
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,654 | $72.63 | $120K |
Holdings After Transaction:
Common Stock — 18,683 shares (Direct)
Footnotes (1)
- Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock. Includes 6,744 shares of restricted stock.
FAQ
What did PHINIA (PHIN) executive Christopher Gustanski report in this Form 4?
Christopher Gustanski reported an automatic tax-withholding disposition of PHINIA shares. When restricted stock vested, 1,654 common shares were withheld to cover tax obligations, leaving him with 18,683 directly held shares, including 6,744 restricted shares.
What role does Christopher Gustanski hold at PHINIA (PHIN)?
Christopher Gustanski serves as PHINIA’s Vice President of Operational Excellence. His Form 4 filing relates to company equity compensation, showing shares automatically withheld for taxes upon restricted stock vesting while detailing his remaining direct share ownership.