PHINIA Inc. (PHIN) director acquires 39 deferred stock units in insider filing
Rhea-AI Filing Summary
PHINIA Inc. director reports additional deferred stock units. On 12/12/2025, a company director acquired 39 deferred restricted stock units (DRSUs), each representing the economic equivalent of one share of PHINIA Inc. common stock. These DRSUs will vest on the one-year anniversary of the grant date and will settle into an equal number of common shares, including any dividend-equivalent DRSUs that vest, when the director’s board service ends under the company’s Director Deferred Compensation Program and 2023 Stock Incentive Plan.
Following this transaction, the director beneficially owned 22,686 shares of common stock directly, 12 shares indirectly through a managed account, and 8,510 DRSUs.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 39 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each deferred restricted stock unit ("DRSU") is the economic equivalent of one share of PHINIA Inc. common stock and will vest on the one-year anniversary of the grant date. These DRSUs will settle into an equal number of shares of the issuer's Common Stock, including any additional DRSUs acquired as a result of dividend equivalents that have vested, upon the reporting person's termination of board service pursuant to the issuer's Director Deferred Compensation Program and 2023 Stock Incentive Plan. Represents shares of DRSUs acquired following the automatic reinvestment of dividends on outstanding DRSUs held on the dividend record date, as required by the terms of such award.
FAQ
What insider transaction did PHINIA Inc. (PHIN) disclose in this filing?
A PHINIA Inc. director acquired 39 deferred restricted stock units (DRSUs) on 12/12/2025, each economically equivalent to one share of PHINIA Inc. common stock.
What are deferred restricted stock units (DRSUs) in the PHINIA Inc. (PHIN) filing?
Each DRSU is the economic equivalent of one share of PHINIA Inc. common stock and will ultimately settle into an equal number of common shares under the company’s compensation plans.
When do the PHINIA Inc. (PHIN) director's new DRSUs vest and settle?
The 39 DRSUs vest on the one-year anniversary of the grant date and will settle into common shares, including dividend-equivalent DRSUs that vest, upon the director’s termination of board service.
How many deferred restricted stock units does the PHINIA Inc. (PHIN) director hold after this transaction?
Following the acquisition of 39 new DRSUs, the director beneficially owned 8,510 deferred restricted stock units in total.
Were the new PHINIA Inc. (PHIN) DRSUs tied to dividends on existing awards?
Yes. The 39 DRSUs represent shares acquired through the automatic reinvestment of dividends on outstanding DRSUs as required by the terms of the award.