[Form 4] PHINIA Inc. Insider Trading Activity
Rhea-AI Filing Summary
Insider transaction summary for PHINIA Inc. (PHIN)
Dori Sebastian, listed as Vice President and Chief Product Officer, reported a sale of 1,656 shares of PHIN common stock on 08/29/2025 at a price of $58.48 per share. The filing states these shares were "automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock units." After the withholding, Sebastian beneficially owns 17,568 shares, which include 9,950 restricted stock units. The Form 4 was submitted with a signature by an attorney-in-fact on 09/03/2025.
Positive
- Transparent disclosure of tax-withholding transaction and resulting beneficial ownership
- Material details provided: exact share count (1,656), price ($58.48), and post-transaction ownership (17,568 shares)
- Includes RSU detail showing 9,950 restricted stock units included in beneficial ownership
Negative
- Insider share count reduced by 1,656 shares due to withholding
- Transaction reduces voting/ownership stake even if for tax withholding purposes
Insights
Routine tax-withholding sale tied to RSU vesting; modest insider holding remains.
The reported disposition of 1,656 shares at $58.48 appears to be a standard withholding to cover taxes on vested restricted stock units rather than an open-market liquidation for cash needs. Such transactions commonly do not signal a change in insider confidence because they are automatic and mandatory. Post-transaction beneficial ownership of 17,568 shares, including 9,950 RSUs, retains insider alignment with shareholders but provides limited incremental liquidity. Impact on valuation is immaterial given the size of the transaction relative to typical public float for most issuers.
Disclosure follows Section 16 reporting norms; documentation is complete.
The Form 4 discloses the nature of the withholding and the resulting beneficial ownership, which meets standard disclosure expectations under Section 16. The use of an attorney-in-fact signature is documented with date. No indications of atypical timing, related-party arrangements, or unexpected departures are present in the filing. From a governance perspective this is a routine insider tax-related transaction with neutral implications.