PHINIA (PHIN) President Withholds 1,877 Shares for Taxes

What Happened Neto de Abreu Pedro Rui, President of Power Systems at PHINIA Inc., had 1,877 shares withheld on 2026-08-28 to satisfy tax withholding obligations related to the vesting of restricted stock units. The shares were valued at $68.65 each, for a withholding amount of approximately $128,856. This was a tax-withholding event (not an open-market sale or purchase).

Key Details

• Transaction date: 2026-08-28; withholding price: $68.65 per share; withheld shares: 1,877; total value ≈ $128,856.
• Transaction code: F — shares automatically and mandatorily withheld to satisfy tax withholding upon RSU vesting (Footnote F1).
• Footnote F2: Reported ownership includes 3,075 shares of restricted stock and 1,420 restricted stock units.
• Filing: Form 4 filed with accession 0001968915-26-000119 on 2026-09-01; Exhibit 24 (Power of Attorney) is attached.

Context This was a routine tax-withholding action tied to RSU vesting and does not represent an investment buy or a discretionary sale. For retail investors, withholding transactions are common and typically reflect tax obligations rather than a change in the insider's view of the company.