Form 4: PHINIA VP Sells Shares for Tax Withholding

PHINIA Inc.'s VP and GM Global Aftermarket, Neil Fryer, disposed of 2,038 common shares to cover tax obligations from restricted stock unit vesting.

Summary

• Neil Fryer, VP and GM Global Aftermarket of PHINIA INC. (PHIN), reported a transaction on August 29, 2025.
• The transaction involved the disposition of 2,038 shares of Common Stock.
• These shares were automatically and mandatorily withheld to satisfy tax withholding requirements upon the vesting of restricted stock units.
• The shares were disposed of at a price of $58.48 per share.
• Following this transaction, Neil Fryer beneficially owns 19,878 shares of Common Stock, which includes 12,997 restricted stock units.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale of shares to cover tax obligations upon restricted stock unit vesting, which is a neutral event for the company's operational performance or strategic direction.

Positives

• The transaction indicates the vesting of restricted stock units, which is a positive event for the executive as part of their compensation package.

Negatives

• The disposition of shares, even for tax purposes, reduces the direct equity holdings of an insider, though it is a non-discretionary event.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Industry Context

This Form 4 filing is specific to an individual executive's compensation and stock transactions within PHINIA INC. and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: A minor, routine reduction in insider holdings, not indicative of a change in management confidence or company fundamentals.

Key Dates

Recommendation

The transaction reported is a non-discretionary sale of shares by an executive to cover tax liabilities arising from the vesting of restricted stock units. This is a routine compensation-related event and does not reflect a change in the executive's confidence in the company or its future prospects. Therefore, it does not provide a basis for altering an existing investment thesis, warranting a 'hold' recommendation.

Keywords

PHINIA, PHIN, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Neil Fryer, Corporate Officer