PHINIA (PHIN) VP Neil Fryer has shares withheld for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA INC. executive Neil Fryer reported a routine tax-related share disposition. On the vesting of restricted stock units, 2,590 shares of common stock were automatically withheld at a value of $72.63 per share to cover tax obligations. After this withholding, Fryer holds 18,804 shares directly, including 9,132 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fryer Neil
Role
VP and GM Global Aftermarket
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,590 | $72.63 | $188K |
Holdings After Transaction:
Common Stock — 18,804 shares (Direct)
Footnotes (1)
- Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock units. Includes 9,132 restricted stock units.
FAQ
What insider transaction did PHIN (PHINIA INC.) report for Neil Fryer?
PHINIA INC. reported that executive Neil Fryer had 2,590 common shares automatically withheld to cover taxes upon restricted stock unit vesting. This Form 4 event is a tax-withholding disposition, not an open-market purchase or sale of shares.
What role does Neil Fryer have at PHINIA INC. in this Form 4?
In this Form 4, Neil Fryer is identified as an officer of PHINIA INC., serving as VP and GM Global Aftermarket. His reported transaction relates to shares automatically withheld to cover taxes on vested restricted stock units.