PHINIA (PHIN) SVP Robert Boyle Withholds 2,955 Shares for Taxes

What Happened

• Robert Boyle, SVP, General Counsel and Secretary of PHINIA Inc. (PHIN), had 2,955 shares withheld on 2026-08-28 to satisfy tax withholding obligations related to restricted stock vesting. The shares were valued at $68.65 each for a total of $202,861. This was an automatic tax-withholding disposition (Form 4 code F), not an open-market sale initiated by the insider.

Key Details

• Transaction date: 2026-08-28; Filing date (Form 4): 2026-09-01.
• Disposition: 2,955 shares withheld at $68.65 per share; total value ≈ $202,861.
• Transaction type/code: Payment of tax liability via share withholding (code F).
• Reported holdings note: Footnote F2 indicates reported holdings include 7,677 shares of restricted stock.
• Footnote F1 explains shares were "automatically and mandatorily withheld to satisfy the tax withholding requirement upon the vesting of restricted stock."
• Filing timeliness: No late filing flag indicated in the provided data.
• Administrative note: Power of Attorney is attached as Exhibit 24 to the filing.

Context

• This was a tax-withholding action tied to restricted stock vesting (a common, automatic corporate process) rather than a discretionary sale — it generally reflects tax obligations rather than a directional bet on the stock.