4//SEC Filing
Gropp Chris P 4
Accession 0001981241-24-000004
CIK 0001968915other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 7:00 PM ET
Size
12.9 KB
Accession
0001981241-24-000004
Insider Transaction Report
Form 4
PHINIA INC.PHIN
Gropp Chris P
Vice President and CFO
Transactions
- Award
Common Stock
2023-07-18+1,834→ 1,834 total(indirect: By Spouse) - Gift
Common Stock
2024-06-27+8→ 63,698 total - Award
Common Stock
2024-09-13+18→ 3,440 total(indirect: By Spouse) - Award
Common Stock
2024-02-16+1,510→ 3,378 total(indirect: By Spouse) - Award
Common Stock
2024-09-13+304→ 64,002 total
Footnotes (8)
- [F1]This transaction is the result of the consummation on July 3, 2023 of the distribution of 100% of the shares of common stock of the issuer by BorgWarner Inc. ("BorgWarner") to holders of BorgWarner common stock on a pro rata basis (the "Spin-Off") and represents an award of restricted stock to the reporting person's spouse with respect to the issuer's common stock resulting from the conversion of certain equity-based awards previously granted by BorgWarner as a result of the Spin-Off, which will vest on the same schedule as its related pre-conversion award.
- [F2]Previous transactions of the reporting owner's spouse with respect to the issuer's common stock were inadvertently omitted.
- [F3]Represents an award of restricted stock to the reporting person's spouse with respect to the issuer's common stock, which will vest in three annual installments of 503 on February 28, 2025, 503 on February 28, 2026, and 504 on February 28, 2027.
- [F4]Includes shares of restricted stock acquired following the automatic reinvestment of dividends on outstanding restricted stock, as required by the terms of such awards, through the applicable transaction date.
- [F5]Shares were acquired by the reporting person as a result of an inheritance.
- [F6]Reflects shares of restricted stock acquired following the automatic reinvestment of dividends on outstanding restricted stock held on the dividend record date, as required by the terms of such awards.
- [F7]Includes 56,216 shares of restricted stock.
- [F8]Shares listed are restricted stock. The reporting person disclaims beneficial ownership of these securities, and the filing of this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
Documents
Issuer
PHINIA INC.
CIK 0001968915
Entity typeother
Related Parties
1- filerCIK 0001981241
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 7:00 PM ET
- Size
- 12.9 KB