PHINIA INC.·4

Mar 24, 5:01 PM ET

Yang Hongyong 4

4 · PHINIA INC. · Filed Mar 24, 2026

Research Summary

AI-generated summary of this filing

Updated

PHINIA (PHIN) VP Yang Hongyong Receives 6 Restricted Stock Units

What Happened

  • Yang Hongyong, Vice President and General Manager, Fuel Systems Asia Pacific at PHINIA Inc. (PHIN), acquired 6 restricted stock units (RSUs) on March 20, 2026. The units were reported as acquired at $0.00 (no cash payment), total reported value $0.
  • This was an award-type acquisition (automatic dividend reinvestment into outstanding RSUs), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (filed within the typical two-business-day window).
  • Price per share/unit: $0.00; total reported value: $0.
  • Shares owned after transaction: not specified in the provided filing details.
  • Relevant footnotes from the filing:
    • F1: These 6 shares reflect RSUs acquired via automatic reinvestment of dividends on outstanding RSUs held on the dividend record date.
    • F2: The shares listed are restricted stock units.
    • The filing also includes additional footnotes (F3–F5) describing phantom unit economics and vesting schedules for other awards in the filing; those relate to other award types and vesting timelines rather than this specific 6-RSU acquisition.
  • Transaction code: A (award/grant/acquisition). This type of award generally does not directly indicate trading intent.

Context

  • RSUs acquired through dividend reinvestment are not purchases and typically remain subject to vesting and transfer restrictions until they vest or settle.
  • For retail investors, these kinds of small, award-based acquisitions are routine and administrative; they differ from open-market buys where insiders deploy personal cash.

Insider Transaction Report

Form 4
Period: 2026-03-20
Yang Hongyong
VP and GM Fuel Syst. Asia Pac
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-03-20+61,203 total
Holdings
  • Phantom Units

    [F3][F4]
    Common Stock (1,130 underlying)
    1,130
  • Phantom Units

    [F3][F5]
    Common Stock (3,298 underlying)
    3,298
Footnotes (5)
  • [F1]Reflects shares of restricted stock units acquired following the automatic reinvestment of dividends on outstanding restricted stock units held on the dividend record date, as required by the terms of such awards.
  • [F2]Shares listed are restricted stock units.
  • [F3]Each phantom unit is the economic equivalent of one share of the Issuer's common stock and settles in cash in an amount equal to the Issuer's closing price per share on the vesting date.
  • [F4]The reporting person was previously granted phantom units, the remainder of which will vest on February 28, 2027.
  • [F5]The reporting person was previously granted phantom units, the remainder of which will vest in two equal annual installments beginning on February 28, 2027.
Signature
/s/ Kelly A. Albin as attorney-in-fact for Hongyong Yang|2026-03-24

Documents

1 file
  • 4
    wk-form4_1774386079.xmlPrimary

    FORM 4