Form 4: Phinia Inc. Executive Samantha Pombier Reports Stock Transaction
SEC Form 4 Filing
Samantha Pombier, Vice President and Controller of Phinia Inc., reports the disposal of 1,474 common stock shares to cover tax obligations upon vesting of restricted stock on February 28, 2025.
Summary
- On February 28, 2025, Samantha Pombier, Vice President and Controller of Phinia Inc., disposed of 1,474 shares of common stock.
- The transaction was executed to satisfy tax withholding requirements upon the vesting of restricted stock.
- The price per share for the transaction was $49.31.
- Following the transaction, Pombier directly owns 11,103 shares of Phinia Inc., including 4,886 shares of restricted stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations on vested stock, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transaction where 1,474 shares were disposed of to cover tax obligations. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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