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 1,299 common stock shares to cover tax obligations upon vesting of restricted stock.
Summary
- On February 28, 2024, Samantha Pombier, Vice President and Controller of Phinia Inc., disposed of 1,299 shares of common stock.
- The transaction was executed to satisfy tax withholding requirements related to the vesting of restricted stock.
- The price per share for the transaction was $33.52.
- Following the transaction, Pombier beneficially owns 11,180 shares of Phinia Inc., including 8,206 restricted stock shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations on vested stock, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock transaction (disposal of shares). |
| 03/01/2024 | Date of signature on the Form 4 filing. |
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