A Statement of Changes in Beneficial Ownership was filed on September 21, 2026, disclosing that Latondra Newton, a director of PHINIA Inc. (NYSE:PHIN), acquired shares of common stock and deferred restricted stock units on September 18, 2026, through automatic dividend reinvestment on outstanding awards.
Key Highlights
- Director involved: Latondra Newton, listed as a director of PHINIA Inc., is the reporting person.
- Common stock acquired: 17 shares of common stock were acquired at a price of $0 on September 18, 2026, via dividend reinvestment.
- Resulting common stock ownership: Following the transaction, Newton beneficially owned 19,953 shares of common stock directly.
- Deferred restricted stock units acquired: 10 Deferred Restricted Stock Units (DRSUs) were acquired at $0 through the same dividend reinvestment mechanism.
- Total DRSUs held: Newton holds 2,158 DRSUs following the transaction, with vesting scheduled for May 22, 2027.
- Vested DRSUs included in total: The filing notes that 3,397 DRSUs within the total common stock figure have vested and will settle upon Newton's termination of board service.
Dividend Reinvestment Drives PHINIA Director's Ownership Increase
According to the filing, both the 17 shares of common stock and the 10 DRSUs reported were acquired through the automatic reinvestment of dividends on outstanding DRSUs held on the dividend record date, as required by the terms of those awards. The transaction code for both acquisitions is "A," indicating securities acquired rather than disposed of, and both were received at a price of $0. PHINIA Inc. is listed on the New York Stock Exchange under the ticker symbol PHIN and is headquartered at 3000 University Drive, Auburn Hills, Michigan 48326.
The filing explains that each DRSU is the economic equivalent of one share of PHINIA Inc. common stock. The DRSUs reported in Table II are scheduled to vest on May 22, 2027, and will settle into an equal number of shares of common stock, including any additional DRSUs accumulated through dividend equivalents, upon Newton's termination of board service. This settlement mechanism operates under PHINIA's Director Deferred Compensation Program and its 2023 Stock Incentive Plan, as described in the filing's footnotes. The signature on the filing was provided by Kathleen Cindric as attorney-in-fact for Latondra Newton, with a Power of Attorney attached as Exhibit 24.
What Was Disclosed
The filing reported that director Latondra Newton acquired 17 shares of PHINIA common stock and 10 DRSUs on September 18, 2026, both at $0, through automatic dividend reinvestment. Following the transactions, Newton directly held 19,953 shares of common stock and 2,158 DRSUs.



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