Gropp Chris P 4
4 · PHINIA INC. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
PHINIA (PHIN) CFO Chris Gropp Receives Restricted Stock Award
What Happened
- Chris P. Gropp, Senior Vice President and Chief Financial Officer of PHINIA Inc. (PHIN), was granted a total of 152 shares of restricted stock on 2026-03-20 (143 shares + 9 shares). Each award shows an acquisition price of $0.00, so no cash was paid for these shares. The transaction is reported as an award/grant (code A).
Key Details
- Transaction date: 2026-03-20; Filing date (Form 4): 2026-03-24 (filed within the SEC two-business-day window).
- Shares acquired: 143 shares and 9 shares (total 152) at $0.00 per share (total reported value $0).
- Reason given (footnote F1): these shares result from automatic reinvestment of dividends on outstanding restricted stock held on the dividend record date.
- Footnote F2: filing references 30,196 shares of restricted stock included in holdings.
- Footnote F3: filing references 1,800 shares of restricted stock; the reporting person disclaims beneficial ownership of those 1,800 shares.
- Transaction code: A = Award/Grant (not a market purchase or sale).
Context
- This was an award via dividend reinvestment (an administrative issuance), not an open-market purchase or a sale. Such dividend reinvestment awards typically reflect plan mechanics rather than a direct trading decision by the insider. The $0 acquisition price simply reflects that dividends were converted into restricted shares rather than paid in cash.
Insider Transaction Report
Form 4
PHINIA INC.PHIN
Gropp Chris P
Senior Vice President and CFO
Transactions
- Award
Common Stock
[F1][F2]2026-03-20+143→ 63,910 total - Award
Common Stock
[F1][F3]2026-03-20+9→ 3,967 total(indirect: By Spouse)
Footnotes (3)
- [F1]Reflects shares of restricted stock acquired following the automatic reinvestment of dividends on outstanding restricted stock held on the dividend record date, as required by the terms of such awards.
- [F2]Includes 30,196 shares of restricted stock.
- [F3]Includes 1,800 shares of restricted stock. The reporting person disclaims beneficial ownership of these securities, and the filing of this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
Signature
/s/ Kelly A. Albin as attorney-in-fact for Chris P. Gropp|2026-03-24