Phillips 66 (PSX) insider plans Rule 144 sale of 1,515 vested shares
Rhea-AI Filing Summary
Phillips 66 reported a planned sale of common stock under Rule 144. A broker, Morgan Stanley Smith Barney LLC Executive Financial Services, is listed for the transaction involving 1,515 shares of common stock with an approximate value of $314,712.77, intended for sale on the NYSE on August 10, 2026. The shares relate to restricted stock vesting on January 16, 2024 under a registered compensation plan of the issuer.
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Key Figures
Shares planned for sale: 1,515 shares
Indicated value of shares: $314,712.77
Planned sale date: 08/10/2026
+2 more
5 metrics
Shares planned for sale
1,515 shares
Common stock to be sold under Rule 144
Indicated value of shares
$314,712.77
Approximate value of 1,515 common shares in Rule 144 notice
Planned sale date
08/10/2026
Expected date of NYSE sale for the shares
Restricted stock vesting date
01/16/2024
Date restricted stock vested under a registered plan
Exchange
NYSE
Intended trading market for the planned sale
Key Terms
Rule 144, restricted stock vesting, registered plan, compensation
4 terms
Rule 144 regulatory
"reported a planned sale of common stock under 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.
restricted stock vesting financial
"shares relate to restricted stock vesting on January 16, 2024"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
registered plan regulatory
"restricted stock vesting on January 16, 2024 under a registered plan"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
compensation financial
"classified as Compensation in the acquisition description"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock sale is Phillips 66 (PSX) planning under this Form 144?
Phillips 66 reported a planned sale of 1,515 common shares through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE, with an indicated value of about $314,712.77 as part of a Rule 144 filing.
Which broker is handling the planned Phillips 66 (PSX) Rule 144 sale?
The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004. This entity is identified in connection with the 1,515-share planned NYSE sale.