PHINIA INC.·4

Jun 25, 4:25 PM ET

Norman Daun 4

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PHINIA (PHIN) Director Norman Daun Receives Award

What Happened
Norman Daun, a director of PHINIA Inc., received awards on June 23, 2026: 8 restricted shares (awarded at $0.00) and 3 deferred restricted stock units (DRSUs, derivative award) also recorded at $0.00. Both transactions are grants/awards (code A) and show no cash paid by the insider (total reported value $0).

Key Details

  • Transaction dates/prices: June 23, 2026 — 8 shares @ $0.00 (restricted stock); 3 shares @ $0.00 (DRSUs/derivative).
  • Total shares in these transactions: 11 shares (8 restricted shares + 3 DRSUs). Reported aggregate value: $0.
  • Holdings note: the filing references holdings that include 2,148 shares of restricted stock (see footnote F2).
  • Footnotes of interest:
    • F1/F4: the restricted shares and DRSUs reflect automatic dividend reinvestment on outstanding awards.
    • F3: each DRSU is economically equivalent to one share, vests May 22, 2027, and will settle into shares upon the director’s termination of board service per the 2023 Stock Incentive Plan and Director Deferred Compensation Program.
  • Filing: Reported on Form 4 filed June 25, 2026 for a June 23 transaction (filed within the typical 2‑business‑day window).

Context
These entries are award-type grants, not open-market purchases or sales. Awards and dividend reinvestments are common compensation/plan mechanics for directors and do not by themselves indicate buying or selling sentiment. The DRSUs are deferred compensation that will convert to shares under plan terms (vesting date May 22, 2027 and settlement on termination), so they are not immediately tradable stock.