Form 4: PHINIA Director Robin Kendrick Acquires 22 DRSUs

PHINIA Inc. Director Robin Kendrick reported the acquisition of 22 Deferred Restricted Stock Units through dividend reinvestment, increasing total DRSU holdings to 4,702.

Summary

• Robin Kendrick, a Director of PHINIA Inc. (PHIN), reported changes in beneficial ownership.
• Kendrick directly owns 16,556 shares of Common Stock and indirectly owns 15,794 shares of Common Stock through a trust.
• On December 12, 2025, Kendrick acquired 22 Deferred Restricted Stock Units (DRSUs).
• These 22 DRSUs were acquired through the automatic reinvestment of dividends on outstanding DRSUs.
• Following this transaction, Kendrick beneficially owns 4,702 DRSUs.
• Each DRSU is the economic equivalent of one share of PHINIA Inc. common stock and vests on the one-year anniversary of the grant date.
• DRSUs will settle into common stock upon termination of board service, as per the Director Deferred Compensation Program and 2023 Stock Incentive Plan.

Sentiment

Score: 6

Explanation: The filing reports a routine insider transaction involving the acquisition of equity through dividend reinvestment, which is a neutral to slightly positive event as it indicates continued director equity alignment. No significant positive or negative news is present.

Positives

• Director Robin Kendrick increased holdings of Deferred Restricted Stock Units by 22 units through dividend reinvestment, indicating continued participation in the company's equity compensation plan.
• The acquisition of DRSUs through dividend reinvestment suggests a mechanism for directors to accumulate equity over time, aligning their interests with shareholders.

Negatives

• No direct negative information is present in this Form 4 filing.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the vesting and settlement terms of the Deferred Restricted Stock Units, which will occur upon the reporting person's termination of board service.

Industry Context

This Form 4 filing details an individual director's equity transaction, which is a routine disclosure for insider holdings. It does not provide broader industry trends or competitive analysis.

Comparison to Industry Standards

• This Form 4 filing is a standard disclosure of an insider transaction and does not contain information suitable for comparison to global benchmarks, comparable companies, projects, or results.

Related Party Transactions

• The acquisition of Deferred Restricted Stock Units by a director through a compensation program is a standard, disclosed related party transaction as part of director compensation.

Stakeholder Impact

• Shareholders: The increase in director equity holdings through dividend reinvestment may be viewed positively as it aligns director interests with long-term shareholder value.

Next Steps

• The Deferred Restricted Stock Units (DRSUs) will vest on the one-year anniversary of their grant date.
• The DRSUs will settle into an equal number of shares of the issuer's Common Stock upon the reporting person's termination of board service.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction where a director acquired additional Deferred Restricted Stock Units through dividend reinvestment. This is a standard compensation-related event and does not provide new fundamental information that would warrant a change in investment recommendation. It indicates continued alignment of the director's interests with the company's equity performance but does not signal significant operational or strategic shifts.

Keywords

PHINIA Inc., PHIN, Robin Kendrick, Form 4, SEC Filing, Director, Deferred Restricted Stock Units, DRSU, Insider Trading, Equity Compensation, Dividend Reinvestment