Chapin Samuel R. 4

What Happened
Samuel R. Chapin, a director of PHINIA Inc. (PHIN), was granted/received 16 shares of restricted stock on 2026-03-20. The shares were acquired at $0.00 (no cash consideration) and reflect an award rather than an open-market purchase or sale — specifically, an automatic reinvestment of dividends on existing restricted stock.

Key Details

• Transaction date: 2026-03-20; reported on Form 4 filed 2026-03-24 (appears timely).
• Transaction type: Award/Grant (code A); 16 shares acquired at $0.00.
• Shares owned after transaction: not specified in the excerpt; filing footnote indicates holdings include 3,367 shares of restricted stock (see footnote F2).
• Notable footnotes: F1 — shares reflect automatic reinvestment of dividends on outstanding restricted stock held on the dividend record date; F2 — includes 3,367 restricted shares.
• No indication of a 10b5-1 plan, tax withholding sale, cashless exercise, or gift in the provided details.

Context
This was an award tied to dividend reinvestment on restricted stock (a routine administrative/compensation event), not an open-market purchase or sale. Such dividend-reinvestment awards are common and do not by themselves imply a change in the insider’s view of the company.