Yang Hongyong 4
4 · PHINIA INC. · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
PHINIA (PHIN) VP Yang Hongyong Receives Restricted Stock Award
What Happened
Yang Hongyong, Vice President and General Manager, Fuel Systems Asia Pacific at PHINIA Inc. (PHIN), was granted 1,197 restricted stock units (RSUs) on February 9, 2026. The Form 4 shows the award was recorded at $0.00 per share (no cash purchase); the economic value will be realized only as the RSUs vest and convert to shares (or otherwise settle).
Key Details
- Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (appears timely within the usual 2-business-day window).
- Award: 1,197 restricted stock units; reported acquisition price: $0.00 (no cash paid).
- Vesting: Per footnote F1, the RSUs vest in three substantially equal annual installments beginning February 28, 2027. Footnote F2 confirms the grant comprises 1,197 RSUs.
- Shares owned after transaction: Not specified in the provided filing details.
- Other footnotes in the filing (F3–F6) define phantom-unit awards appearing elsewhere in the filing; they are not the primary instrument for this 1,197-RSU grant.
- Transaction code: A = Award/Grant.
Context
RSU awards are compensation, not open-market purchases or sales. They do not represent immediate ownership of shares until they vest and typically are subject to forfeiture if employment ends before vesting. The Form 4 shows no immediate cash value received; the eventual value will depend on PHINIA’s share price at vesting dates.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-09+1,197→ 1,197 total
- 2,260
Phantom Units
[F3][F4]→ Common Stock (2,260 underlying) - 2,003
Phantom Units
[F3][F5]→ Common Stock (2,003 underlying) - 4,946
Phantom Units
[F3][F6]→ Common Stock (4,946 underlying)
Footnotes (6)
- [F1]Represents an award of restricted stock units with respect to the Issuer's common stock, which will vest in three substantially equal annual installments beginning February 28, 2027.
- [F2]Includes 1,197 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]Represents an award of phantom units, which will vest in two equal annual installments beginning February 28, 2026.
- [F5]Represents an award of phantom units, which will vest on February 28, 2026.
- [F6]Represents an award of phantom units, which will vest in three equal annual installments beginning February 28, 2026.