---
schema_version: "secwatch.filing_event.v1"
accession: "0001968915-25-000059"
form_type: "8-K"
ticker: "PHIN"
cik: "0001968915"
company_name: "PHINIA INC."
filed_at: "2025-10-21T23:59:59+00:00"
generated_at: "2026-05-17T03:06:02.620652+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PHINIA settles tax dispute with BorgWarner, records $39M loss in Q3 2025

## Summary
- PHINIA to pay BorgWarner $78M total: $31M in Q4 2025, $21M in Q1 2026, $26M as refunds received.
- BorgWarner to pay PHINIA ~$7M in Q4 2025 for pre-spin corporate income tax reimbursement.
- PHINIA expects up to ~$29M cash from R&D credits by end of 2026 under amended Tax Matters Agreement.
- PHINIA records ~$39M Q3 2025 loss for settlement; plans to exclude as a separation-related charge.

## SEC filing metadata
- accession: 0001968915-25-000059
- form_type: 8-K
- ticker: PHIN
- cik: 0001968915
- company_name: PHINIA INC.
- filed_at: 2025-10-21T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1968915/000196891525000059/0001968915-25-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1968915/000196891525000059/phin-20251015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001968915-25-000059
- JSON: https://secwatch.observer/filing/0001968915-25-000059.json
- Plain text: https://secwatch.observer/filing/0001968915-25-000059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.