Director Norman Daun filed a Form 4 with the SEC on September 21, 2026, disclosing the automatic acquisition of common stock and deferred restricted stock units through dividend reinvestment on September 18, 2026, in connection with holdings at PHINIA INC. (NYSE:PHIN).

Key Highlights

  • Common stock acquired: Norman Daun acquired 10 shares of common stock at $0 per share on September 18, 2026, via automatic dividend reinvestment on outstanding restricted stock.
  • Post-transaction common stock ownership: Daun beneficially owns 22,081 shares of common stock following the transaction, held directly, including 2,158 shares of restricted stock.
  • Deferred Restricted Stock Units acquired: 4 deferred restricted stock units (DRSUs) were acquired at $0 through automatic reinvestment of dividends on outstanding DRSUs on September 18, 2026.
  • Post-transaction DRSU ownership: Daun holds 843 DRSUs directly following the reported transaction.
  • DRSU vesting and settlement: According to the filing, each DRSU vests 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.
  • Role of reporting person: Norman Daun is identified as a Director of PHINIA INC. in the filing.

Dividend Reinvestment Drives Share Acquisitions for PHINIA Director Daun

According to the Form 4 filing, director Norman Daun acquired 10 shares of PHINIA INC. common stock on September 18, 2026, at a price of $0. The filing states these shares reflect "shares of restricted stock acquired following the automatic reinvestment of dividends on outstanding restricted stock held on the dividend record date, as required by the terms of such award." Following this transaction, the filing reports Daun directly holds 22,081 shares of common stock, of which 2,158 are shares of restricted stock.

Separately, the filing discloses that Daun also acquired 4 deferred restricted stock units on September 18, 2026, again at $0, representing "shares of DRSUs acquired following the automatic reinvestment of dividends on outstanding DRSUs held on the dividend record date, as required by the terms of such award." The filing describes each DRSU as "the economic equivalent of one share of PHINIA Inc. common stock." After this acquisition, Daun directly holds 843 DRSUs, according to the filing.

The filing explains that the DRSUs vest on May 22, 2027, and will settle into an equal number of shares of PHINIA Inc. common stock, including any additional DRSUs acquired through dividend equivalents that have vested, upon Daun's termination of board service, pursuant to the issuer's Director Deferred Compensation Program and 2023 Stock Incentive Plan. The Form 4 was signed by Kathleen Cindric as attorney-in-fact for Norman Daun and filed on September 21, 2026.

What Was Disclosed

Director Norman Daun disclosed the automatic acquisition of 10 shares of common stock and 4 DRSUs on September 18, 2026, both at $0, through dividend reinvestment at PHINIA INC. (NYSE:PHIN). Post-transaction, Daun directly holds 22,081 common shares and 843 DRSUs.