PHINIA INC.·4

Jun 25, 4:23 PM ET

Weerasinghe Rohan 4

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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.