PHINIA INC.·4

Mar 24, 5:07 PM ET

Norman Daun 4

Research Summary

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Updated

PHINIA (PHIN) Director Norman Daun Receives Award of 16 Shares

What Happened

  • Norman Daun, a director of PHINIA Inc. (PHIN), was granted/received 16 shares on 2026-03-20. The shares were issued at $0.00 (no cash paid), so the reported transaction value is $0.
  • The grant reflects restricted stock acquired through automatic reinvestment of dividends on existing restricted shares (per filing footnote).

Key Details

  • Transaction date: 2026-03-20; Filing date (Form 4): 2026-03-24 (filed within required timeframe).
  • Transaction type: Award/Acquisition (code A); 16 shares at $0.00.
  • Reported value: $0 (shares issued as dividend reinvestment).
  • Shares owned after transaction: the filing extract does not list a total; footnote F2 notes holdings include 3,367 shares of restricted stock.
  • Footnotes: F1 — automatic dividend reinvestment produced these restricted shares; F2 — total holdings include 3,367 restricted shares.

Context

  • This was not a market purchase or sale but an issuance tied to dividend reinvestment of existing restricted stock, a routine administrative issuance rather than an active buy/sell decision.
  • Such small, dividend-reinvestment awards are common and generally not considered a strong signal of insider sentiment by themselves.