Affiliate files Form 144 to sell 29,400 PSX shares

Affiliate proposed sale of Common Stock reported on Form 144.

Rhea-AI Filing Summary

Affiliate proposed sale of Common Stock reported on Form 144. The notice lists proposed cash sales tied to stock options dated 02/06/2018 for 5,400 shares and 02/05/2019 for 24,000 shares, with a sale date of 05/08/2026. The filing also discloses prior sales in the last three months: 16,856, 4,944, and 15,629 shares, with associated proceeds shown in dollars.

Insights

Insider Transactions Specialist

Form 144 reports proposed cash sales by an affiliate tied to option-originated shares.

The filing lists proposed sales of 5,400 and 24,000 Common Stock shares attributable to stock options dated 02/06/2018 and 02/05/2019, respectively, with a planned sale date of 05/08/2026. The transactions are presented as cash sales.

The filing shows prior dispositions during March 2026 (three separate entries with share counts and dollar proceeds). These historical sales provide context on recent selling activity; cash‑flow treatment for the proposed sales is stated as Cash.

Key Figures

Proposed shares from 02/06/2018 option: 5,400 shares Proposed shares from 02/05/2019 option: 24,000 shares Total proposed shares listed: 29,400 shares +3 more

6 metrics

Proposed shares from 02/06/2018 option 5,400 shares Stock Option dated 02/06/2018; sale date 05/08/2026

Proposed shares from 02/05/2019 option 24,000 shares Stock Option dated 02/05/2019; sale date 05/08/2026

Total proposed shares listed 29,400 shares Aggregate of the two option-originated lots shown in the filing

March 5, 2026 sale (entry 1) proceeds $2,833,273.26 Proceeds for 16,856 shares sold 03/05/2026

March 5, 2026 sale (entry 2) proceeds $815,672.66 Proceeds for 4,944 shares sold 03/05/2026

March 31, 2026 sale proceeds $2,970,077.63 Proceeds for 15,629 shares sold 03/31/2026

Key Terms

Form 144, Stock Option, Cash

3 terms

Form 144 regulatory

"144: Securities To Be Sold | Common Stock | 02/06/2018"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Stock Option financial

"Stock Option | Phillips 66 | | | 5,400 | 05/08/2026"

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.

Cash financial

"02/05/2019 | Stock Option | Phillips 66 | | | 24,000 | 05/08/2026 | Cash"

FAQ

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

What does PSX's Form 144 disclose about proposed sales?

The Form 144 discloses proposed cash sales of Common Stock tied to stock options dated 02/06/2018 (5,400 shares) and 02/05/2019 (24,000 shares), with a sale date of 05/08/2026.

How many shares were sold in the past three months according to the filing?

The filing lists three prior sales: 16,856 shares, 4,944 shares, and 15,629 shares, each with dollar proceeds reported alongside the share counts.

What proceeds are shown for the March 2026 sales in the Form 144?

The March 5, 2026 entries show proceeds of $2,833,273.26 and $815,672.66; the March 31, 2026 entry shows proceeds of $2,970,077.63 as reported in the filing.

Are the proposed sales linked to option exercises in the filing?

Yes. The proposed cash sales are listed with 'Stock Option' as the origin for the 02/06/2018 (5,400 shares) and 02/05/2019 (24,000 shares) entries in the filing.

What is the stated sale method for the proposed transactions?

The Form 144 lists the method as Cash for the proposed Common Stock sales dated 05/08/2026, indicating cash dispositions of shares originating from options.

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

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Accepted by SEC EDGAR 05/08/2026 - 04:45 PM Learn about SEC filing dates

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	0001663211
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 77042
Phone	832-765-3892
Name of Person for Whose Account the Securities are To Be Sold	Kevin Mitchell
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	29400	4997153.53	400744022	05/08/2026	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	02/06/2018	Stock Option	Phillips 66			5400	05/08/2026	Cash
Common Stock	02/05/2019	Stock Option	Phillips 66			24000	05/08/2026	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	03/05/2026	16856	2833273.26
Merrill Lynch 800 Capitol Street Suite 1900 Houston TX 77002	Common Stock	03/05/2026	4944	815672.66
Merrill Lynch 800 Capitol Street Suite 1900 Houston TX 77002	Common Stock	03/31/2026	15629	2970077.63

144: Remarks and Signature

Remarks	The exercise of stock options and sale of shares acquired upon exercise were made solely at the direction of the reporting person's ex-spouse pursuant to a domestic relations order. The reporting person's ex-spouse will retain the after-tax proceeds from the sales.
Date of Notice	05/08/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	11/21/2025
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	Kevin Mitchell
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)