Ericson Brady D 4
Research Summary
AI-generated summary
PHINIA CEO Ericson Brady D: 17,901 Shares Withheld for Taxes
What Happened
- Ericson Brady D, President & CEO and a director of PHINIA Inc. (PHIN), had 17,901 shares withheld to satisfy tax withholding on vested restricted stock. The withholding was reported as a disposition at $72.63 per share, totaling approximately $1,300,150. This was an automatic tax-withholding event on vesting (not an open-market sale).
Key Details
- Transaction date: 2026-02-27
- Price per share: $72.63
- Shares withheld / disposed: 17,901
- Reported value: $1,300,150
- Transaction code: F (shares automatically withheld to satisfy tax withholding upon vesting)
- Filing date: 2026-03-03 (filed within the SEC’s two-business-day window; timely)
- Holdings note: Filing indicates holdings include 139,536 shares of restricted stock (footnote F2). The total shares owned after the reported transaction were not provided in the supplied extract.
Context
- This was a tax-withholding disposition tied to vesting of restricted stock (footnote F1). Such withholdings are routine and do not necessarily indicate the insider’s view of the company’s prospects, unlike voluntary open-market sales or purchases.