Form 4: Phinia Inc. Executive Alisa Di Beasi Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Alisa Di Beasi, VP and CHRO of Phinia Inc., reports the disposal of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On February 28, 2024, Alisa Di Beasi, VP and CHRO of Phinia Inc., disposed of 2,599 shares of common stock to satisfy tax withholding requirements.
- The transaction was automatically and mandatorily executed upon the vesting of restricted stock.
- Following the transaction, Di Beasi beneficially owns 36,098 shares, including 29,396 restricted shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive stock transactions, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This transaction is related to the vesting of restricted stock, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction: Disposal of shares for tax withholding. |
| 03/01/2024 | Date of signature on the report. |
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