PHINIA director adds shares via dividend reinvestment
PHINIA director Latondra Newton received additional DRSUs and common shares via dividend reinvestment, increasing both her deferred units and direct common stock holdings.
Rhea-AI Filing Summary
PHINIA Inc. (PHIN) reported that director Latondra Newton acquired additional equity-based compensation on September 18, 2026. She received 10 Deferred Restricted Stock Units (DRSUs) and 17 shares of common stock through automatic reinvestment of dividends on outstanding DRSUs, all held directly. After these transactions, she holds 2,158 DRSUs and 19,953 shares of common stock. A related DRSU award vests on May 22, 2027 and will settle into common stock upon her termination of board service; a footnote also states she holds 3,397 DRSUs that have vested and will settle upon termination. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 27 shares
Grant/Award
2 txns
Insider
Newton Latondra
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units F3, F1 | 10 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1, F2 | 17 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Restricted Stock Units — 2,158 contracts (Direct);
Common Stock — 19,953 shares (Direct)
Footnotes (3)
- F1. Represents shares of deferred restricted stock units ("DRSUs") acquired following the automatic reinvestment of dividends on outstanding DRSUs held on the dividend record date, as required by the terms of such awards.
- F2. Includes 3,397 DRSUs that have vested and will settle upon the reporting person's termination of board service.
- F3. Each DRSU is the economic equivalent of one share of PHINIA Inc. common stock and will vest on May 22, 2027. 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.
Key Figures
DRSUs acquired: 10 units
DRSUs held after transaction: 2,158 units
Common shares acquired: 17 shares
+3 more
6 metrics
DRSUs acquired
10 units
Deferred Restricted Stock Units acquired September 18, 2026 via dividend reinvestment
DRSUs held after transaction
2,158 units
Total Deferred Restricted Stock Units directly held after September 18, 2026
Common shares acquired
17 shares
Common stock acquired September 18, 2026 via dividend reinvestment
Common shares held after transaction
19,953 shares
Total directly held common stock after September 18, 2026
Vested DRSUs
3,397 units
DRSUs that have vested and will settle upon termination of board service
DRSU vesting date
May 22, 2027
Vesting date for the DRSUs described in the footnote
Key Terms
Deferred Restricted Stock Units, automatic reinvestment of dividends, dividend record date, Director Deferred Compensation Program, +1 more
5 terms
Deferred Restricted Stock Units financial
"Represents shares of deferred restricted stock units ("DRSUs") acquired following"
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
automatic reinvestment of dividends financial
"acquired following the automatic reinvestment of dividends on outstanding DRSUs"
dividend record date financial
"dividends on outstanding DRSUs held on the dividend record date"
Director Deferred Compensation Program financial
"upon the reporting person's termination of board service pursuant to the issuer's Director Deferred Compensation Program"
A director deferred compensation program is an arrangement that lets a company delay paying part of a board member’s fees or bonuses until a future date, often at retirement or after leaving the board. It matters to investors because it affects a company’s long‑term cash commitments and executive incentives—like a timed savings plan that can align directors’ decisions with the company’s future performance while creating future liabilities on the balance sheet.
2023 Stock Incentive Plan financial
"pursuant to the issuer's Director Deferred Compensation Program and 2023 Stock Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did PHIN director Latondra Newton report on this Form 4?
Latondra Newton reported two acquisitions on September 18, 2026: 10 Deferred Restricted Stock Units (DRSUs) and 17 shares of common stock, both acquired through automatic reinvestment of dividends on outstanding DRSUs.
What are Latondra Newton’s Deferred Restricted Stock Unit holdings in PHINIA (PHIN)?
Following the September 18, 2026 acquisition, Latondra Newton holds 2,158 DRSUs. A footnote further states that she holds 3,397 DRSUs that have vested and will settle into common stock upon her termination of board service.
When do Latondra Newton’s new PHINIA (PHIN) DRSUs vest and settle?
Each newly reported DRSU is the economic equivalent of one PHINIA common share and will vest on May 22, 2027. These DRSUs, including additional dividend-equivalent DRSUs that have vested, will settle into common stock upon her termination of board service.
Were Latondra Newton’s PHINIA (PHIN) transactions under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as relying on a plan, and the footnotes do not state that the transactions were made pursuant to a Rule 10b5-1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
