Accepted (ET)
8:09 PM
Sep 1, 2026
Filed
Sep 1, 2026
Documents
3
Size
337.5 KB
Summary
PHINIA (PHIN) VP/CPO Dori Sebastian Sells 1,806 Shares
What Happened
- Dori Sebastian, Vice President and Chief Product Officer of PHINIA Inc., had 1,806 shares disposed on 2026-08-28 as shares were automatically withheld to satisfy tax withholding on vested restricted stock units. The shares were valued at $68.65 each, for a total disposition of $123,982.
- This was a withholding-to-cover-tax event (routine), not an open-market purchase or a voluntary sale.
Key Details
- Transaction date: 2026-08-28; Price per share: $68.65; Total value: $123,982.
- Transaction code: F (shares withheld to satisfy tax liability upon vesting).
- Footnote F1: Shares were automatically and mandatorily withheld to satisfy tax withholding on vested RSUs.
- Footnote F2: Disclosure notes inclusion of 3,174 restricted stock units in reported holdings.
- Filing date: 2026-09-01 (no indication in the filing that this was late). Power of Attorney attached as Exhibit 24.
Context
- Withholding-to-cover is a common administrative action when RSUs vest; it reduces the insider’s share count to meet tax obligations and is generally considered routine rather than a directional bet on the stock.
- This was not an exercise of options or an open-market sale — the shares were surrendered to cover taxes upon vesting.