Kendrick Robin 4

What Happened
Kendrick Robin, a director of PHINIA Inc. (PHIN), was granted 22 deferred restricted stock units (DRSUs) on March 20, 2026. The award is recorded as 22 units at $0.00 (no cash exchanged) and is a derivative award that represents the economic equivalent of 22 shares of PHINIA common stock. This is an award/grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (within typical 2-business-day reporting window).
• Transaction type/code: A (Award/Grant) — 22 DRSUs acquired at $0.00.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote F1: Each DRSU equals one share economically and will vest on the one-year anniversary of the grant; DRSUs settle into shares upon the reporting person's termination of board service under the Director Deferred Compensation Program and 2023 Stock Incentive Plan.
• Footnote F2: Some DRSUs reflect automatic reinvestment of dividends on outstanding DRSUs as required by the award terms.

Context
DRSUs are a form of deferred compensation for directors; they do not represent immediately tradable shares. The units vest and convert to actual shares per the plan terms (vesting schedule and settlement upon termination of board service). Because this was a grant (award) rather than a purchase or sale, it should be viewed as routine director compensation and not as a direct market buy or sell signal.