Phillips 66 (PSX) EVP Sutherland sells 3,523 shares at $211 average

Rhea-AI Filing Summary

Phillips 66 executive Vanessa Allen Sutherland, EVP, GC and Secretary, reported selling 3,523 shares of common stock on July 21, 2026 at a weighted average price of $211.0482. The sale occurred automatically under a Rule 10b5-1 trading plan adopted on March 17, 2026 and corrects a prior typographical error in the reported price. Following the transaction, she holds 27,537 shares, including 22,620 Restricted Stock Units that settle into Phillips 66 common stock on a 1-for-1 basis.

Insider Trade Summary

Net Seller: 3,523 shares

Net Sell 1 txn

Insider Sutherland Vanessa Allen

Role EVP, GC and Secretary

Sold 3,523 shs ($744K)

Type	Security	Shares	Price	Value
Sale	Common Stock F2, F3, F1, F4	3,523	$211.0482	$744K

Holdings After Transaction: Common Stock — 27,537 shares (Direct)

Footnotes (4)

1. F1. The reported sale of 3,523 shares occurred automatically pursuant to Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2026.
2. F2. The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.00 to $211.05. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
3. F3. This amendment is being filed to correct a typographical error in the weighted average price of the shares sold in the transaction on July 21, 2026. The original filing inaccurately reported the weighted average price as $2,110,482. As reported in this amendment, the correct weighted average price is $211.0482.
4. F4. Includes 22,620 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.

Key Figures

Shares sold: 3,523 shares Weighted average sale price: $211.0482 per share Sale price range: $211.00–$211.05 per share +4 more

7 metrics

Shares sold 3,523 shares Common Stock sale reported for July 21, 2026

Weighted average sale price $211.0482 per share Corrected weighted average price for the July 21, 2026 sale

Sale price range $211.00–$211.05 per share Range of prices across multiple sale transactions

Shares following transaction 27,537 shares Total holdings after sale, including RSUs

Restricted Stock Units included 22,620 RSUs RSUs that settle 1-for-1 into Phillips 66 common stock

10b5-1 plan adoption date March 17, 2026 Adoption date of Rule 10b5-1 trading plan governing the sale

Transaction date July 21, 2026 Date of reported Common Stock sale

Key Terms

Rule 10b5-1 trading plan, weighted average price, Restricted Stock Units

3 terms

Rule 10b5-1 trading plan regulatory

"occurred automatically pursuant to Rule 10b5-1 trading plan adopted by the reporting person"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average price financial

"The price reported above is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Restricted Stock Units financial

"Includes 22,620 Restricted Stock Units that settle for shares of Phillips 66 common stock"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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

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Available on EDGAR 07/21/2026 - 08:21 PM Accepted by SEC EDGAR 07/21/2026 - 08:21 PM Learn about SEC filing dates

FAQ

What insider transaction did Phillips 66 (PSX) report for Vanessa Allen Sutherland?

Phillips 66 reported that Vanessa Allen Sutherland, EVP, GC and Secretary, sold 3,523 shares of common stock. The sale took place on July 21, 2026 and was executed automatically under a Rule 10b5-1 trading plan previously adopted by her.

How many Phillips 66 (PSX) shares did Vanessa Allen Sutherland sell and at what price?

She sold 3,523 Phillips 66 common shares at a corrected weighted average price of $211.0482 per share. The shares were sold in multiple trades, with prices ranging from $211.00 to $211.05, as disclosed in the insider transaction details.

What error does this Phillips 66 (PSX) Form 4/A amendment correct?

The amendment corrects a typographical error in the originally reported weighted average sale price. A prior disclosure mistakenly showed the price as $2,110,482; the correctly reported weighted average sale price is $211.0482 per share for the July 21, 2026 transaction.

Was the Phillips 66 (PSX) stock sale by Vanessa Allen Sutherland under a Rule 10b5-1 plan?

Yes. The sale of 3,523 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by Vanessa Allen Sutherland on March 17, 2026. Such plans pre-arrange trading activity, limiting discretion over the timing of individual transactions.

How many Phillips 66 (PSX) shares does Vanessa Allen Sutherland hold after the sale?

After the reported sale, Vanessa Allen Sutherland holds a total of 27,537 Phillips 66 shares. This total explicitly includes 22,620 Restricted Stock Units (RSUs) that settle into Phillips 66 common stock on a 1-for-1 basis when they convert.

What are the Restricted Stock Units mentioned in the Phillips 66 (PSX) insider filing?

The filing notes 22,620 Restricted Stock Units (RSUs) held by Vanessa Allen Sutherland. These RSUs settle into Phillips 66 common stock on a 1-for-1 basis, meaning each RSU converts into one share when the applicable vesting or settlement conditions are met.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sutherland Vanessa Allen

(Last) (First) (Middle)

2331 CITYWEST BLVD.

(Street)

HOUSTON TEXAS 77042

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Phillips 66 [ PSX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, GC and Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
07/21/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/21/2026		S		3,523	D(1)	$211.0482(2)(3)	27,537(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported sale of 3,523 shares occurred automatically pursuant to Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2026.

2. The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.00 to $211.05. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.

3. This amendment is being filed to correct a typographical error in the weighted average price of the shares sold in the transaction on July 21, 2026. The original filing inaccurately reported the weighted average price as $2,110,482. As reported in this amendment, the correct weighted average price is $211.0482.

4. Includes 22,620 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.

Remarks:

	/s/ William H. Bald, as Attorney-in-Fact	07/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)