Form 4: PHINIA CEO Ericson Reports Tax-Related Stock Disposition

PHINIA Inc.'s President and CEO, Brady D. Ericson, reported the disposition of 30,672 shares of common stock at $58.48 per share to cover tax obligations upon restricted stock vesting.

Summary

• Brady D. Ericson, President and CEO of PHINIA INC., reported a transaction involving the company's common stock.
• On August 29, 2025, 30,672 shares of common stock were disposed of.
• The disposition was made to satisfy tax withholding requirements upon the vesting of restricted stock.
• The shares were disposed of at a price of $58.48 per share.
• Following this transaction, Ericson beneficially owns 407,587 shares, which includes 158,577 shares of restricted stock and 53,927 restricted stock units.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: This is a neutral event, representing a routine, non-discretionary transaction for tax purposes related to equity compensation, and does not reflect a change in the CEO's investment sentiment or the company's operational performance.

Positives

• The vesting of restricted stock indicates the fulfillment of equity compensation terms for the CEO, aligning executive incentives with shareholder interests.

Negatives

• A reduction of 30,672 shares from the CEO's direct beneficial ownership, although for tax purposes, slightly decreases insider holdings.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The transaction is a routine part of executive compensation and is unlikely to have a significant impact on the share price or overall shareholder value.
• Management: The CEO's equity compensation plan is progressing as expected, indicating continued alignment of interests.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary disposition of shares by the CEO to cover tax obligations upon the vesting of restricted stock. It does not reflect a change in the CEO's investment sentiment or the company's operational performance, thus it provides no new information to alter an existing investment thesis. Investors should maintain their current position based on broader company fundamentals and market conditions.

Keywords

PHINIA, PHIN, Brady D. Ericson, Form 4, insider transaction, stock disposition, CEO, restricted stock, equity compensation, tax withholding, 10b5-1 plan