Kendrick Robin 4

What Happened

• Kendrick Robin, a director of PHINIA Inc. (PHIN), was granted 2,140 restricted shares on May 22, 2026. The shares were issued at $0.00 (a standard director equity award) and have a stated vesting date of May 22, 2027, per the filing.
• This was an award/grant (not an open-market purchase or sale). The filing also notes the reporting person has 4,724 deferred restricted stock units that have vested and will settle upon the termination of board service.

Key Details

• Transaction date: May 22, 2026; Filing date: May 27, 2026 (appears to be filed after the typical 2-business-day Form 4 deadline).
• Security/amount: 2,140 restricted shares granted at $0.00; total cash paid = $0.
• Vesting: These restricted shares vest on May 22, 2027 (Footnote F1).
• Additional holdings: Footnote F2 states the reporting person has 4,724 deferred restricted stock units that have vested and will settle upon termination of board service.
• Shares owned after transaction: Not specified in the provided filing details.

Context

• This is a routine annual restricted stock grant to an independent director, a common form of non-cash compensation. Such awards are not an immediate market signal since they vest over time and are typically part of board pay arrangements.
• Deferred RSUs that have vested but will only be paid out upon leaving the board represent a future entitlement, not immediately tradable shares.