PHINIA VP granted additional stock units
Yang Hongyong reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Yang Hongyong reported acquisition or exercise transactions in this Form 4 filing.
PHINIA INC. executive Yang Hongyong, VP and GM Fuel Systems Asia Pacific, reported an automatic grant of 6 restricted stock units tied to dividend reinvestment on existing awards. Following this grant, he holds 1,203 restricted stock units directly.
He also holds phantom units that are economically equivalent to common shares and settle in cash based on PHINIA’s closing share price on the vesting date. According to the disclosure, remaining phantom units are scheduled to vest on February 28, 2027 and in two equal annual installments beginning on that date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6 | $0.00 | $0.00 |
| holding | Phantom Units | -- | -- | -- |
| holding | Phantom Units | -- | -- | -- |
Footnotes (5)
- F1. Reflects shares of restricted stock units acquired following the automatic reinvestment of dividends on outstanding restricted stock units held on the dividend record date, as required by the terms of such awards.
- F2. Shares listed are restricted stock units.
- F3. Each phantom unit is the economic equivalent of one share of the Issuer's common stock and settles in cash in an amount equal to the Issuer's closing price per share on the vesting date.
- F4. The reporting person was previously granted phantom units, the remainder of which will vest on February 28, 2027.
- F5. The reporting person was previously granted phantom units, the remainder of which will vest in two equal annual installments beginning on February 28, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PHINIA (PHIN) report for Yang Hongyong?
How many PHINIA restricted stock units does Yang Hongyong hold after this Form 4?
What are PHINIA phantom units reported in Yang Hongyong’s Form 4?
When do Yang Hongyong’s PHINIA phantom units vest?
Is Yang Hongyong’s PHINIA Form 4 a purchase or a compensation award?
What is Yang Hongyong’s role at PHINIA mentioned in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.