Form 4: PHINIA CFO's Stock Vesting Triggers Tax Withholding

PHINIA Inc.'s Vice President and CFO, Chris P. Gropp, reported the disposition of 6,599 common shares to cover tax obligations upon restricted stock vesting.

Summary

• Chris P. Gropp, Vice President and CFO of PHINIA INC. (PHIN), reported a transaction on August 29, 2025.
• 6,599 shares of common stock were disposed of at a price of $58.48 per share.
• This disposition was an automatic and mandatory withholding to satisfy tax requirements upon the vesting of restricted stock.
• Following the transaction, Gropp directly owns 61,046 shares, which includes 35,419 shares of restricted stock.
• An additional 3,890 shares are indirectly owned by Gropp's spouse, including 2,913 shares of restricted stock.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary transaction related to executive compensation and tax obligations, which has a neutral impact on company sentiment.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Management Comments

• The shares were automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock.

Industry Context

This Form 4 filing reports a routine insider transaction related to executive compensation, which is a common occurrence across all publicly traded companies and does not provide specific insights into broader industry trends.

Stakeholder Impact

• Shareholders: The transaction represents a routine, non-discretionary insider share disposition for tax purposes, which typically has minimal direct impact on shareholder value or perception.
• Management: The transaction reflects the standard fulfillment of tax obligations associated with executive compensation, specifically restricted stock vesting.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary disposition of shares by a company officer to cover tax liabilities upon the vesting of restricted stock. Such transactions are standard practice for executive compensation and do not typically indicate a change in the company's fundamentals or the officer's long-term view. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

PHINIA, PHIN, Chris P. Gropp, Form 4, SEC filing, insider transaction, stock vesting, tax withholding, common stock, CFO