Pombier Samantha 4
Research Summary
AI-generated summary
PHINIA VP Samantha Pombier Withholds 1,021 Shares for Taxes
What Happened
Samantha Pombier, Vice President and Controller of PHINIA Inc. (PHIN), had 1,021 shares withheld on 2026-02-27 to satisfy tax withholding related to the vesting of restricted stock. The withheld shares were valued at approximately $72.63 each, for a total of about $74,155. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-27; filing date: 2026-03-03 (filed within the Form 4 reporting window).
- Price listed per share: $72.63; shares withheld/disposed: 1,021; total value ≈ $74,155.
- Shares owned after transaction: not specified in the provided excerpt; footnote F2 notes "Includes 2,727 shares of restricted stock."
- Footnotes: F1 = shares automatically and mandatorily withheld to satisfy tax withholding upon vesting; F2 = includes 2,727 shares of restricted stock.
- Transaction code: F (tax withholding on vesting), not a purchase (P) or sale (S).
Context
This was a routine tax-withholding event tied to restricted stock vesting (a common "cashless" withholding), which reduces the insider's reported share count but does not signal an open-market sale or new purchase. Such withholdings are administrative and should be interpreted differently from voluntary sales or purchases.