PHINIA Inc. (PHIN) director acquires deferred stock units via dividends
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PHINIA Inc. director Latondra Newton reported acquiring 16 deferred restricted stock units on December 12, 2025 through automatic dividend reinvestment. Each unit is economically equivalent to one share of PHINIA common stock, will vest on the one-year anniversary of the grant date, and will convert into shares when her board service ends under the company’s Director Deferred Compensation Program and 2023 Stock Incentive Plan. After this transaction, the reporting person beneficially owned 3,351 deferred restricted stock units and 16,556 shares of PHINIA common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Newton Latondra
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 16 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Restricted Stock Units — 3,351 shares (Direct);
Common Stock — 16,556 shares (Direct)
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 (PHIN) report for director Latondra Newton?
Director Latondra Newton reported acquiring 16 deferred restricted stock units (DRSUs) of PHINIA Inc. on December 12, 2025 through dividend reinvestment.
What are the terms of the deferred restricted stock units reported at PHINIA (PHIN)?
Each DRSU equals one share of PHINIA common stock, vests one year after the grant date, and settles into shares when the director’s board service ends under the company’s compensation programs.
How many deferred restricted stock units does the PHINIA director own after this transaction?
Following the reported acquisition, the director beneficially owned 3,351 deferred restricted stock units tied to PHINIA common stock.
How were the new PHINIA deferred restricted stock units acquired?
The 16 new DRSUs were acquired through the automatic reinvestment of dividends on outstanding deferred restricted stock units, as required by the award terms.
Which PHINIA compensation plans govern these deferred restricted stock units?
These DRSUs are issued under PHINIA’s Director Deferred Compensation Program and its 2023 Stock Incentive Plan.