Yang Hongyong 4

What Happened

• Yang Hongyong, Vice President and General Manager, Fuel Systems Asia Pacific at PHINIA Inc. (PHIN), acquired 6 restricted stock units (RSUs) on March 20, 2026. The units were reported as acquired at $0.00 (no cash payment), total reported value $0.
• This was an award-type acquisition (automatic dividend reinvestment into outstanding RSUs), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (filed within the typical two-business-day window).
• Price per share/unit: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in the provided filing details.
• Relevant footnotes from the filing:
  • F1: These 6 shares reflect RSUs acquired via automatic reinvestment of dividends on outstanding RSUs held on the dividend record date.
  • F2: The shares listed are restricted stock units.
  • The filing also includes additional footnotes (F3–F5) describing phantom unit economics and vesting schedules for other awards in the filing; those relate to other award types and vesting timelines rather than this specific 6-RSU acquisition.
• Transaction code: A (award/grant/acquisition). This type of award generally does not directly indicate trading intent.

Context

• RSUs acquired through dividend reinvestment are not purchases and typically remain subject to vesting and transfer restrictions until they vest or settle.
• For retail investors, these kinds of small, award-based acquisitions are routine and administrative; they differ from open-market buys where insiders deploy personal cash.