In 2010, Phillippe starred as Pulitzer Prize-winning photographer Greg Marinovich in The Bang-Bang Club.
Currently, he stars in the lead role of Bob Lee Swagger in the USA Network thriller drama Shooter.
While no details on how the proposal went down have been released, a source tells us that Phillippe "proposed on Christmas day."The insider added, "They arrived in Miami on Sunday and had lunch at Seaspice, where they ate facing the river at the owner's table.
News has confirmed that the 41-year-old actor is engaged to his 25-year-old girlfriend Paulina Slagter after dating for four years.
Phillippe was last famously married to Reese Witherspoon.
The former flames have 16-year-old daughter, Ava, in high school, as well as an 12-year-old son, Deacon, together.
Shortly after he made an appearance in the ABC daytime drama One Life to Live.But first, he gushed about his longtime girlfriend Paulina Slagter.PHOTOS: Ryan's romantic history Phillippe, 40, and his 24-year-old law student love have been dating for four years.Ryan Phillippe and his fiancée Paulina Slagter have called it quits. News that the couple, who announced their engagement in December, have broken up after five years together.The reason behind their split has not been disclosed.In 2007, the duo's divorce was finalized after eight years of marriage.