Form 4: PHINIA Executive's Routine Stock Disposition for Tax Withholding
Insider Transaction Report
PHINIA Inc. VP of Operational Excellence, Christopher Gustanski, disposed of 1,021 shares of common stock at $58.48 per share to cover tax obligations from restricted stock vesting.
Summary
- Christopher Gustanski, VP of Operational Excellence at PHINIA Inc., reported a disposition of 1,021 shares of common stock.
- The transaction occurred on August 29, 2025, 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 this transaction, Gustanski beneficially owns 19,025 shares of PHINIA common stock, which includes 10,910 shares of restricted stock.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary event for tax withholding upon restricted stock vesting, which is neutral in terms of company performance or outlook.
Future Outlook
NA
Industry Context
This is a routine insider transaction related to executive compensation and tax obligations, common across all industries for publicly traded companies. It does not reflect specific industry trends for PHINIA Inc.
Comparison to Industry Standards
- This is a standard practice for executive compensation where restricted stock vests, and a portion is withheld to cover tax liabilities.
- Companies like General Motors (GM) or Ford (F) in the automotive supply sector, or any large public company, would have similar Form 4 filings for their executives.
- An executive at BorgWarner (BWA), a competitor, would likely have similar tax-related dispositions upon restricted stock vesting.
Stakeholder Impact
- Minimal direct impact on shareholders as it is a routine, non-discretionary tax-related transaction by an executive.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 08/29/2025 | Date of earliest transaction (disposition of shares for tax withholding) |
| 09/03/2025 | Signature date of the reporting person's attorney-in-fact |
Keywords
PHINIA INC., PHIN, Christopher Gustanski, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock, Executive Compensation
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