Phillips 66 insider plans $6.2M stock sale

Form 144 reports Brian Mandell’s planned sale of 23,400 Phillips 66 common shares and discloses additional recent insider share sales.

Available on EDGAR 09/16/2026 - 06:52 PM EDT Accepted by SEC EDGAR 09/16/2026 - 06:52 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Phillips 66 (PSX) is the issuer for a planned sale of common stock under Rule 144 by Brian Mandell. The notice covers the proposed sale of 23,400 shares of common stock through Merrill Lynch on September 16, 2026, with an aggregate market value of $6,201,539.69. Shares of this class outstanding are listed as 399,020,916 as of September 16, 2026. The filing also reports prior sales in the last three months totaling 33,300 shares of common stock.

Key Figures

Shares to be sold: 23,400 shares Aggregate market value of proposed sale: $6,201,539.69 Shares outstanding: 399,020,916 shares +4 more

7 metrics

Shares to be sold 23,400 shares Proposed Rule 144 sale of Phillips 66 common stock

Aggregate market value of proposed sale $6,201,539.69 23,400 shares of Phillips 66 common stock under Rule 144

Shares outstanding 399,020,916 shares Phillips 66 common stock as of September 16, 2026

Shares sold on August 11, 2026 30,000 shares Common stock sold through Merrill Lynch in prior 3 months

Proceeds on August 11, 2026 sale $6,448,967.13 Sale of 30,000 shares of Phillips 66 common stock

Shares sold on August 10, 2026 3,300 shares Common stock sold through Merrill Lynch in prior 3 months

Proceeds on August 10, 2026 sale $706,152.78 Sale of 3,300 shares of Phillips 66 common stock

Key Terms

Rule 144, Stock Option, Common Stock

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Stock Option financial

"Common Stock | 09/16/2026 | Stock Option | Phillips 66"

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

Common Stock financial

"Common Stock | Merrill Lynch 800 Capitol Street Suite 1900 Houston TX 77002 | 23400"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing related to PSX disclose?

It discloses that Brian Mandell has filed a notice under Rule 144 to sell 23,400 shares of Phillips 66 common stock through Merrill Lynch on September 16, 2026, based on shares acquired from a stock option.

How many Phillips 66 (PSX) shares are planned to be sold and what is their value?

The notice covers a proposed sale of 23,400 shares of Phillips 66 common stock with an aggregate market value of $6,201,539.69, as stated in the securities information section for the planned transaction date of September 16, 2026.

What Phillips 66 (PSX) insider sales occurred in the last three months?

The filing lists prior sales of common stock through Merrill Lynch: 30,000 shares on August 11, 2026 for $6,448,967.13, and 3,300 shares on August 10, 2026 for $706,152.78.

How many Phillips 66 (PSX) shares are outstanding according to this Form 144?

It reports that 399,020,916 shares of the relevant class of Phillips 66 common stock were outstanding as of September 16, 2026; this figure is provided as context for the size of the planned Rule 144 sale.

On which exchange are the Phillips 66 (PSX) shares in this Form 144 listed?

The common stock covered by this notice is identified as listed on the NYSE, as stated in the securities information section describing the planned sale of 23,400 shares on September 16, 2026.

What is the source of the Phillips 66 (PSX) shares being sold under this Form 144?

The securities to be sold are described as Common Stock acquired via a Stock Option, with the transaction involving 23,400 shares of Phillips 66 common stock for cash on September 16, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001641265
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Phillips 66
SEC File Number
Address of Issuer	2331 CityWest Blvd Houston TEXAS 770042
Phone	918-977-7909
Name of Person for Whose Account the Securities are To Be Sold	Brian Mandell
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Merrill Lynch 800 Capitol Street Suite 1900 Houston TX 77002	23400	6201539.69	399020916	09/16/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	09/16/2026	Stock Option	Phillips 66			23400	09/16/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Merrill Lynch 800 Capitol Street Suite 1900 Houston TX 77002	Common Stock	08/11/2026	30000	6448967.13
Merrill Lynch 800 Capitol Street Suite 1900 Houston TX 77002	Common Stock	08/10/2026	3300	706152.78

144: Remarks and Signature

Remarks
Date of Notice	09/16/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Brian Mandell
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)