Director Rohan Weerasinghe filed a Form 4 with the SEC on September 21, 2026, disclosing the acquisition of deferred restricted stock units in PHINIA Inc. (NYSE:PHIN) on September 18, 2026, through automatic dividend reinvestment.
Key Highlights
- Transaction date: September 18, 2026, with 42 shares of Common Stock acquired at $0 via transaction code A.
- Dividend reinvestment: The acquisition represents DRSUs received following the automatic reinvestment of dividends on outstanding DRSUs held on the dividend record date, as required by the terms of such awards.
- Post-transaction direct ownership: 31,311 shares of Common Stock beneficially owned directly, including 8,625 DRSUs that have vested and will settle upon the reporting person's termination of board service.
- Indirect ownership: 12 shares held indirectly through a managed account.
- Derivative securities: 26 Deferred Restricted Stock Units also acquired on September 18, 2026, at $0, bringing total DRSUs directly held to 5,260.
- DRSU vesting: The newly acquired DRSUs vest on May 22, 2027, and will settle into an equal number of shares of Common Stock upon the reporting person's termination of board service.
PHINIA Director Weerasinghe Receives Dividend-Reinvestment DRSUs
According to the Form 4 filed on September 21, 2026, Rohan Weerasinghe, a director of PHINIA Inc. (NYSE:PHIN), reported the acquisition of 42 shares of Common Stock on September 18, 2026, at a price of $0. The filing states that these shares represent deferred restricted stock units acquired following the automatic reinvestment of dividends on outstanding DRSUs held on the dividend record date, as required by the terms of such awards.
Following the reported transaction, the filing discloses that Weerasinghe directly beneficially owns 31,311 shares of Common Stock. The filing notes that this total includes 8,625 DRSUs that have vested and will settle upon the reporting person's termination of board service. Additionally, 12 shares are held indirectly through a managed account, according to the disclosure.
In Table II, the filing reports that 26 Deferred Restricted Stock Units were also acquired on September 18, 2026, at $0, through the same dividend reinvestment mechanism. Each DRSU is described as "the economic equivalent of one share of PHINIA Inc. common stock" and will vest on May 22, 2027. The filing states these DRSUs will settle into an equal number of shares of Common Stock, including any additional DRSUs acquired as dividend equivalents that have vested, upon the reporting person's termination of board service pursuant to the issuer's Director Deferred Compensation Program and 2023 Stock Incentive Plan. Total derivative securities directly held following the transaction are reported as 5,260 DRSUs.
What Was Disclosed
Director Rohan Weerasinghe disclosed the acquisition of 42 Common Stock shares and 26 Deferred Restricted Stock Units in PHINIA Inc. on September 18, 2026, through automatic dividend reinvestment at no cost, resulting in direct beneficial ownership of 31,311 shares and 5,260 DRSUs.




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