Broker proposes sale of 3,800 PSX shares; Morgan Stanley Smith Barney files Form 144 (NYSE: PSX)

Rhea-AI Filing Summary

Form 144 notice for PSX: Morgan Stanley Smith Barney LLC submitted a Form 144 proposing the sale of 3,800 shares of Common Stock listed on the NYSE. The filing attributes the shares to restricted stock vesting under a registered plan with lot details tied to specific vesting dates.

Vesting lots shown are 1,524 shares vested 01/16/2024, 592 shares vested 01/17/2023, and 1,684 shares vesting 01/15/2025

Insights

Equity Capital Markets Analyst

Routine broker notice of proposed resale of vested restricted shares.

The filing lists a broker-dealer, Morgan Stanley Smith Barney LLC, as the selling agent for 3,800 Common shares on the NYSE. The shares are described as restricted stock vesting under a registered plan with three dated lots.

Because the notice ties each lot to a vesting date (01/17/2023, 01/16/2024, 01/15/2025), these are compensation-origin shares being resold rather than newly issued stock. Subsequent filings will show sale completion or disposition details.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	3800	662617.40	400744022	03/13/2026	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	01/16/2024	Restricted stock vesting under a registered plan	Issuer			1524	01/16/2024	Compensation
Common	01/17/2023	Restricted stock vesting under a registered plan	Issuer			592	01/17/2023	Compensation
Common	01/15/2025	Restricted stock vesting under a registered plan	Issuer			1684	01/15/2025	Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for PSX disclose?

It discloses a proposed resale of 3,800 Common shares by Morgan Stanley Smith Barney LLC. The notice lists three restricted stock vesting lots dated 01/17/2023, 01/16/2024, and 01/15/2025

Who is the selling agent listed on the PSX Form 144?

The selling agent is Morgan Stanley Smith Barney LLC for the proposed transaction. The filing identifies the broker-dealer name and an NYSE listing for the Common shares being offered for resale under a registered plan.

How many shares per vesting lot are reported in the PSX filing?

The filing lists three lot amounts: 1,524 shares (01/16/2024), 592 shares (01/17/2023), and 1,684 shares (01/15/2025). These three lots total 3,800 Common shares shown on the notice.

Are the shares described as compensation or issuer-issued on the PSX Form 144?

They are described as restricted stock vesting under a registered plan, assigned the label Compensation in the filing. Each lot is tied to a vesting date consistent with compensation-related shares.

Does the Form 144 show where sale proceeds will go for PSX shares?

The filing identifies the source as restricted stock vested under a registered plan and lists the issuer column as Issuer. The document does not include transaction settlement details or purchaser information for the resale in this excerpt.