PHIN Insider Form 4: CEO Withholds 30,672 Shares at $58.48
Rhea-AI Filing Summary
Brady D. Ericson, President and CEO and a director of PHINIA Inc. (PHIN), reported a sale of 30,672 shares of common stock on 08/29/2025 at a price of $58.48 per share. The filing states those shares were automatically and mandatorily withheld to satisfy tax withholding upon the vesting of restricted stock. After the reported transaction, Mr. Ericson beneficially owns 407,587 shares in total, which the filing breaks down to include 158,577 restricted shares and 53,927 restricted stock units.
Positive
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Negative
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Insights
TL;DR: Insider reported a withholding-based disposal of vested restricted shares; substantial residual ownership remains.
The Form 4 documents a routine, non-discretionary disposition: 30,672 shares were disposed at $58.48 on 08/29/2025 as a result of tax withholding upon vesting. This is an administrative sale rather than an open-market trading decision and does not, by itself, change control or signal a directional trading opinion. The remaining beneficial ownership of 407,587 shares, including 158,577 restricted shares and 53,927 RSUs, indicates continued alignment with equity incentives. Filing was signed via attorney-in-fact on 09/03/2025 and identifies Mr. Ericson as President, CEO and director.
TL;DR: Report reflects expected post-vesting tax withholding; ownership disclosure remains material for governance monitoring.
The disclosure clarifies the nature of the transaction as mandatory withholding to cover taxes on vested restricted stock rather than a voluntary sale. For governance oversight, the continued disclosure of 407,587 beneficially owned shares is important for assessing executive incentives and potential voting power. No options or derivative transactions were reported. The Form 4 appears complete regarding the transaction description and ownership breakdown provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 30,672 | $58.48 | $1.79M |
Footnotes (2)
- F1. Shares automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock.
- F2. Includes 158,577 shares of restricted stock and 53,927 restricted stock units.
FAQ
What did PHIN insider Brady Ericson report on Form 4 (PHIN)?
Was the Form 4 sale a voluntary open-market transaction?
Does the Form 4 report any derivative securities or option exercises by Brady Ericson?
Who signed the Form 4 for Brady Ericson and when?
AI-generated analysis. How Rhea-AI works. Not financial advice.