PHINIA (PHIN) President Neto de Abreu Receives 22-Share Award

What Happened

• Neto de Abreu Pedro Rui, President, Power Systems at PHINIA Inc. (PHIN), was granted/acquired 22 shares on 2026-09-18 at $0.00 per share (total reported value $0). The filing reports this as an award/acquisition (transaction code A).
• Footnote F1 states the 22 shares consist of 15 restricted stock shares from automatic dividend reinvestment and 7 restricted stock units from reinvested dividend equivalents, as required by the terms of the awards.

Key Details

• Transaction date and price: 2026-09-18; price per share reported $0.00; total $0.
• Shares acquired: 22 (15 restricted stock + 7 RSUs per F1).
• Holdings after transaction: Form notes holdings "include" 3,090 restricted stock shares and 1,427 restricted stock units (F2) — these award-type positions total 4,517 shares/units.
• Transaction type/code: Award/Acquisition (A).
• Filing: Form 4 filed 2026-09-21 (timely within reporting window).
• Notable: The award arose from automatic dividend reinvestment per award terms (F1), not an open-market purchase or sale.

Context

• Restricted stock and RSUs granted via dividend reinvestment are typically administrative adjustments required by award agreements and involve no cash outlay by the insider. Such awards are routine and do not necessarily signal a change in insider sentiment.
• For retail investors: purchases (open-market buys) often attract more attention than awards; this filing documents added restricted equity rather than a market purchase or sale.