PHINIA (PHIN) director adds dividend-based stock and units to holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA INC. director Robin Kendrick reported a small, compensation-related increase in holdings through dividend reinvestment. He received 26 shares of common stock at no cost, consisting of 8 shares of restricted stock and 18 deferred restricted stock units that were automatically issued from reinvested dividends on existing awards.
After this acquisition, Kendrick directly holds 23,446 shares of PHINIA common stock, which include 2,148 shares of restricted stock and 4,742 vested deferred restricted stock units that will settle when his board service ends. He also reports 15,794 shares held indirectly through a trust, providing additional exposure to PHINIA’s stock without any open-market buying or selling in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kendrick Robin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 23,446 shares (Direct, null);
Common Stock — 15,794 shares (Indirect, By Trust)
Footnotes (1)
- Reflects 8 shares of restricted stock acquired following the automatic reinvestment of dividends on outstanding restricted stock held on the dividend record date and 18 shares of deferred restricted stock units ("DRSUs") acquired following the automatic reinvestment of dividends on outstanding vested DRSUs held on the dividend record date, as required by the terms of such awards. Includes 2,148 shares of restricted stock and 4,742 DRSUs that have vested and will settle upon the reporting person's termination of board service.
Key Figures
New shares acquired: 26 shares
Direct holdings after transaction: 23,446 shares
Indirect trust holdings: 15,794 shares
+4 more
7 metrics
New shares acquired
26 shares
Grant/award from dividend reinvestment on 2026-06-23
Direct holdings after transaction
23,446 shares
PHINIA common stock held directly by Kendrick
Indirect trust holdings
15,794 shares
PHINIA common stock held indirectly through a trust
Restricted stock from dividends
8 shares
Restricted stock acquired via automatic dividend reinvestment
DRSUs from dividends
18 units
Deferred restricted stock units from dividend reinvestment
Vested DRSUs held
4,742 units
Vested deferred restricted stock units settling at board service end
Restricted stock held
2,148 shares
Restricted stock included within direct holdings
Key Terms
restricted stock, deferred restricted stock units ("DRSUs"), automatic reinvestment of dividends
3 terms
restricted stock financial
"Reflects 8 shares of restricted stock acquired following the automatic reinvestment of dividends"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
deferred restricted stock units ("DRSUs") financial
"18 shares of deferred restricted stock units ("DRSUs") acquired following the automatic reinvestment of dividends"
automatic reinvestment of dividends financial
"acquired following the automatic reinvestment of dividends on outstanding restricted stock held on the dividend record date"
FAQ
What insider transaction did PHINIA (PHIN) director Robin Kendrick report?
Robin Kendrick reported acquiring 26 PHINIA common shares as a grant. These came from automatic dividend reinvestment into restricted stock and deferred restricted stock units rather than open-market buying, reflecting routine compensation-related accruals tied to existing equity awards.
Does Robin Kendrick have indirect holdings of PHINIA (PHIN) stock?
Yes. In addition to his direct holdings, Robin Kendrick reports 15,794 PHINIA common shares held indirectly through a trust. This trust position is disclosed separately from his directly held shares, reflecting an additional layer of beneficial ownership in the company.
What restricted and deferred stock units does Kendrick hold in PHINIA (PHIN)?
Kendrick’s reported position includes 2,148 shares of restricted stock and 4,742 vested deferred restricted stock units. These deferred restricted stock units are scheduled to settle in PHINIA common shares upon the end of his service on the company’s board of directors.