4Filed Sep 20, 8:00 PM ET
PHINIA (PHIN) Director Kendrick Robin Receives 33-Share Award
$PHIN · PHINIA INC.Research Summary
AI-generated summary of this SEC filing
PHINIA (PHIN) Director Kendrick Robin Receives 33-Share Award
What Happened
- Kendrick Robin, a director of PHINIA Inc. (PHIN), was granted/acquired 33 shares on 2026-09-18 as an award (transaction code A). The reported acquisition price is $0.00, so no cash value was paid for these shares.
- The filing states these 33 shares reflect 10 shares of restricted stock and 23 deferred restricted stock units (DRSUs) obtained through automatic dividend reinvestment per the award terms.
Key Details
- Transaction date: 2026-09-18; Filing date: 2026-09-21 (timely filing).
- Transaction type/code: A (award/grant/acquisition); price: $0.00; total reported cash value: $0.
- Shares acquired: 33 (10 restricted stock + 23 DRSUs via dividend reinvestment) per footnote F1.
- Holdings noted: Footnote F2 shows 2,158 restricted shares and 4,765 DRSUs have vested and will settle upon the reporting person's termination of board service.
- Other: Power of Attorney attached as Exhibit 24. No indication of tax-withholding sale or late filing.
Context
- This was an award/automatic dividend reinvestment, not an open-market purchase or sale; awards at $0 typically reflect grant mechanics (reinvestment or issuance) rather than a cash investment signal.
- DRSUs are deferred units that may settle in shares upon specified conditions (here, settlement occurs upon termination of board service per the filing).