Phillips 66 Form 144: planned sale of 30,000 shares via NYSE

Phillips 66 (PSX): A holder filed a Form 144 notice to sell up to 30,000 shares of common stock.

Rhea-AI Filing Summary

Phillips 66 (PSX): A holder filed a Form 144 notice to sell up to 30,000 shares of common stock. The planned sales would be executed through Merrill Lynch on the NYSE, with an aggregate market value listed at $4,139,100 and an approximate sale date of 11/07/2025.

The notice shows the shares were acquired via stock awards from Phillips 66: 16,400 shares on 02/06/2018 and 13,600 shares on 02/09/2021, each marked as compensatory payment. Shares outstanding were 402,921,135; this is a baseline figure, not the amount being sold.

Insights

Equity capital markets analyst

Form 144 signals a potential secondary sale; limited impact.

This filing indicates a planned sale of up to 30,000 Phillips 66 common shares through Merrill Lynch on the NYSE, with an aggregate market value noted at $4,139,100. Form 144 is a notice for proposed resales by affiliates or holders of restricted/control securities and does not itself execute a transaction.

The shares derive from stock awards in 2018 and 2021, which is typical for executive or employee compensation. Any market effect depends on actual sale activity versus notice capacity. Shares outstanding are shown as 402,921,135; actual impact is generally modest at this size relative to float.

FAQ

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

What does the PSX Form 144 filing indicate?

It is a notice of proposed sale for up to 30,000 common shares of Phillips 66.

How many Phillips 66 shares are planned for sale under this Form 144?

The filing lists up to 30,000 shares of common stock.

What is the aggregate market value associated with the proposed PSX sale?

The filing states an aggregate market value of $4,139,100.

When is the approximate sale date for the PSX shares?

The approximate sale date is 11/07/2025.

Which broker and exchange are listed for the PSX sale?

Broker: Merrill Lynch; Exchange: NYSE.

How were the PSX shares acquired by the seller?

Via stock awards: 16,400 shares on 02/06/2018 and 13,600 shares on 02/09/2021.

How many Phillips 66 shares are outstanding?

The filing shows 402,921,135 shares outstanding.

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

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Accepted by SEC EDGAR 11/07/2025 - 05:21 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	001-35349
Address of Issuer	2331 CITYWEST BLVD. Houston TEXAS 77042
Phone	832-765-3010
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	Merrill Lynch 800 Capitol Street Suite 1900 Houston TX 77002	30000	4139100	402921135	11/07/2025	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	02/06/2018	Exercise of Stock Award	Phillips 66			16400	02/06/2018	Compensatory Payment
Common	02/09/2021	Exercise of Stock Award	Phillips 66			13600	02/09/2021	Compensatory Payment

* 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	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	11/07/2025
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)