Form 4: Phinia Inc. Executive Sebastian Dori Reports Stock Transaction
SEC Form 4 Filing
VP and CPO of Phinia Inc., Sebastian Dori, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 28, 2025, Sebastian Dori, VP and CPO of Phinia Inc., disposed of 2,904 shares of common stock to satisfy tax withholding requirements.
- The transaction was automatically executed at a price of $49.31 per share.
- Following the transaction, Dori directly owns 19,036 shares, including 13,232 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transaction has a minimal direct 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 (disposal of shares). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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