PHINIA INC.·4

Jun 25, 4:23 PM ET

Weerasinghe Rohan 4

4 · PHINIA INC. · Filed Jun 25, 2026

Research Summary

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PHINIA (PHIN) Director Rohan Weerasinghe Receives 51 DRSUs

What Happened

  • Rohan Weerasinghe, a director of PHINIA Inc. (PHIN), was granted/received a total of 51 deferred restricted stock units (DRSUs) on 2026-06-23. The filing shows 32 DRSUs awarded at $0.00 and 19 DRSUs acquired at $0.00 as a derivative award (dividend reinvestment). No cash was paid for these units.

Key Details

  • Transaction date: 2026-06-23; Filing date: 2026-06-25 (filed within the typical two-business-day Form 4 window).
  • Reported amounts: 32 DRSUs (award) and 19 DRSUs (derivative/dividend reinvestment) — total 51 units; per filing price = $0.00.
  • Footnote F1: the 19-unit entry reflects automatic reinvestment of dividends on outstanding DRSUs.
  • Footnote F2: the filing notes 8,583 DRSUs have already vested and will settle into shares upon the reporting person's termination of board service.
  • Footnote F3: each DRSU is the economic equivalent of one share, will vest on May 22, 2027 (as applicable), and will settle into common shares under the Director Deferred Compensation Program and 2023 Stock Incentive Plan.

Context

  • DRSUs are deferred compensation (not an immediate open-market purchase or sale). They represent future share-equivalent payouts and do not necessarily indicate near-term buying or selling of stock by the director. The award and the dividend reinvestment are routine compensation events for directors.

Insider Transaction Report

Form 4
Period: 2026-06-23
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-06-23+3231,269 total
  • Award

    Deferred Restricted Stock Units

    [F3][F1]
    2026-06-23+195,234 total
    Common Stock (19 underlying)
Holdings
  • Common Stock

    (indirect: By Managed Account)
    12
Footnotes (3)
  • [F1]Represents shares of deferred restricted stock units ("DRSUs") acquired following the automatic reinvestment of dividends on outstanding DRSUs held on the dividend record date, as required by the terms of such awards.
  • [F2]Includes 8,583 DRSUs that have vested and will settle upon the reporting person's termination of board service.
  • [F3]Each DRSU is the economic equivalent of one share of PHINIA Inc. common stock and will vest on May 22, 2027. These DRSUs will settle into an equal number of shares of the issuer's common stock, including any additional DRSUs acquired as a result of dividend equivalents that have vested, upon the reporting person's termination of board service pursuant to the issuer's Director Deferred Compensation Program and 2023 Stock Incentive Plan.
Signature
/s/ Kelly A. Albin as attorney-in-fact for Rohan Weerasinghe|2026-06-25

Documents

1 file
  • 4
    wk-form4_1782418993.xmlPrimary

    FORM 4