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PHINIA INC. — Director's Dealing 2023
Jul 20, 2023
31602_dirs_2023-07-20_51bb0cdd-becb-4ad8-a1fc-ee56d9917f21.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PHINIA INC. (PHIN)
CIK: 0001968915
Period of Report: 2023-07-18
Reporting Person: Gustanski Christopher (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-18 | Common Stock | A | 7564 | — | Acquired | 7564 | Direct |
| 2023-07-18 | Common Stock | A | 7080 | — | Acquired | 14644 | Direct |
| 2023-07-18 | Common Stock | A | 3746 | — | Acquired | 18390 | Direct |
Footnotes
F1: The transactions reported herein are the result of the consummation on July 3, 2023 of the distribution of 100% of the shares of common stock of PHINIA Inc. ("PHINIA") by BorgWarner Inc. ("BorgWarner") to holders of BorgWarner common stock on a pro rata basis (the "Spin-Off").
F2: Represents an award of restricted stock with respect to PHINIA common stock resulting from the conversion of certain equity-based awards previously granted by BorgWarner as a result of the Spin-Off, each of which will vest on the same schedule as its related pre-conversion award.