Gustanski Christopher 4
Research Summary
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PHINIA (PHIN) VP Christopher Gustanski: 1,654 Shares Withheld
What Happened Christopher Gustanski, VP of Operational Excellence at PHINIA, had 1,654 shares withheld on 2026-02-27 to satisfy tax withholding related to the vesting of restricted stock. The withheld shares were valued at $72.63 each, for a total of $120,130. This was not a market sale or purchase but an automatic tax-withholding action tied to an award vesting.
Key Details
- Transaction date and price: 2026-02-27 at $72.63 per share.
- Shares withheld: 1,654; total value of withheld shares: $120,130.
- Footnote F1: Shares were automatically and mandatorily withheld to satisfy tax withholding upon vesting of restricted stock.
- Footnote F2: The filing notes it includes 6,744 shares of restricted stock in the reported holdings.
- Filing: Report filed 2026-03-03 for the 2026-02-27 transaction; no late-filing flag is indicated in the summary.
Context Tax-withholding by share surrender is a routine administrative step when restricted stock vests and does not represent a discretionary open-market sale or purchase decision by the insider. For retail investors, these transactions typically reflect compensation mechanics rather than a signal of the insider’s view on the stock.