STOCK TITAN

PHINIA (PHIN) director adds deferred stock units through dividend reinvestment

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PHINIA Inc. director Newton Latondra reported a small equity-based compensation update. On March 20, 2026, Latondra acquired 16 Deferred Restricted Stock Units (DRSUs), each economically equivalent to one share of PHINIA common stock. These units were acquired through automatic dividend reinvestment on outstanding DRSUs.

The DRSUs will vest on the one-year anniversary of the grant date and will settle into an equal number of PHINIA common shares upon Latondra’s termination of board service under the company’s Director Deferred Compensation Program and 2023 Stock Incentive Plan. Following this transaction, Latondra holds 3,367 DRSUs and 16,556 shares of common stock directly, indicating a routine, compensation-related adjustment rather than an open-market trade.

Positive

  • None.

Negative

  • None.

Insights

Routine dividend-based DRSU accrual, not a market trade.

Director Newton Latondra received 16 Deferred Restricted Stock Units tied to PHINIA common stock. Footnotes explain these units arise from automatic dividend reinvestment on existing DRSUs, making this a mechanical, plan-driven equity accrual.

The units vest after one year and settle into shares when board service ends, aligning director incentives with long-term shareholder outcomes. With post-transaction holdings of 3,367 DRSUs and 16,556 common shares, the size and nature of this award indicate a routine compensation update with limited signaling value for investors.

SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Newton Latondra

(Last)(First)(Middle)
3000 UNIVERSITY DRIVE

(Street)
AUBURN HILLS MICHIGAN 48326

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PHINIA INC. [ PHIN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock16,556D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Restricted Stock Units(1)03/20/2026A16(2) (1) (1)Common Stock16$03,367D
Explanation of Responses:
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.
2. 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.
Remarks:
/s/ Kelly A. Albin as attorney-in-fact for Latondra Newton03/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did PHINIA (PHIN) director Newton Latondra report?

Director Newton Latondra reported receiving 16 Deferred Restricted Stock Units tied to PHINIA common stock. These units stem from automatic dividend reinvestment on outstanding DRSUs and represent routine, compensation-related equity rather than an open-market stock purchase or sale.

How many Deferred Restricted Stock Units does Newton Latondra hold at PHINIA (PHIN)?

After the latest transaction, Newton Latondra holds 3,367 Deferred Restricted Stock Units. Each DRSU is economically equivalent to one PHINIA common share and will ultimately settle into stock when his board service ends, subject to the plan’s vesting conditions and terms.

When do Newton Latondra’s new PHINIA (PHIN) DRSUs vest and settle?

The newly acquired Deferred Restricted Stock Units vest on the one-year anniversary of the grant date. They will settle into an equal number of PHINIA common shares upon Latondra’s termination of board service, consistent with the Director Deferred Compensation Program and 2023 Stock Incentive Plan.

Were Newton Latondra’s recent PHINIA (PHIN) equity transactions open-market trades?

No, the reported acquisition reflects 16 Deferred Restricted Stock Units from automatic dividend reinvestment, not an open-market stock trade. This is a mechanical adjustment under PHINIA’s director compensation programs, rather than a discretionary buy or sell decision in the public market.

How many PHINIA (PHIN) common shares does Newton Latondra now own directly?

Following the reported Form 4 update, Newton Latondra directly owns 16,556 shares of PHINIA common stock. This position is in addition to his 3,367 Deferred Restricted Stock Units, which are designed to convert into shares upon the end of his board service.

What is a Deferred Restricted Stock Unit in the context of PHINIA (PHIN)?

A Deferred Restricted Stock Unit at PHINIA is an award economically equivalent to one common share. It typically vests over time and later settles into actual stock, often upon a director’s termination of board service, aligning compensation with long-term shareholder interests.
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