Lipinski John 4

What Happened
John Lipinski, Vice President and GM Fuel Systems Europe at PHINIA Inc. (PHIN), was granted 1,523 shares of restricted common stock on February 9, 2026. The award is reported at $0.00 per share (total reported value $0) and is an equity compensation grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-09; Form 4 filed 2026-02-11 (filed within the typical two-business-day window).
• Transaction type/code: Award / Acquisition (A).
• Shares granted: 1,523 restricted shares @ $0.00 (reported value $0).
• Shares owned after transaction: filing notes holdings include 13,526 restricted shares (see footnote F2).
• Vesting: Footnote F1 — the award vests in three substantially equal annual installments beginning February 28, 2027.
• Footnotes: F1 describes the 3-year vesting schedule; F2 indicates the filing’s total includes 13,526 restricted shares.

Context
This was a compensation award (restricted stock) rather than a market purchase or sale, so it primarily reflects company pay practices and future retention incentives. The grant’s economic value will depend on PHINIA’s stock price when shares vest; awards reported at $0 are common for restricted stock grants and do not by themselves indicate a bullish or bearish signal.