Phillips 66 (PSX) director Lisa Ann Davis receives 1,423 RSUs at $140.56
Rhea-AI Filing Summary
Phillips 66 director Lisa Ann Davis reported an annual equity grant of 1,423 shares of common stock-equivalent awards. On January 15, 2026, she acquired 1,423 shares of Phillips 66 common stock in the form of Restricted Stock Units (RSUs) that convert to common stock on a one-for-one basis. The filing lists an acquisition price of $140.56 per share, described as the average of the high and low trading prices on that date. Following this grant, Davis is shown as beneficially owning 12,490 shares of Phillips 66 common stock, including 1,423 RSUs, all held directly. This appears to be a routine, non-employee director compensation grant rather than an open-market purchase or sale.
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FAQ
What insider transaction did Phillips 66 (PSX) report for Lisa Ann Davis?
The filing shows that director Lisa Ann Davis acquired 1,423 shares of Phillips 66 common stock in the form of Restricted Stock Units (RSUs) on January 15, 2026, coded as an acquisition of non-derivative securities.
What was the reported price for the RSU grant to Lisa Ann Davis at Phillips 66 (PSX)?
The transaction lists a price of $140.56 per share for the 1,423 RSUs. A footnote explains that this reflects the average of the high and low prices of Phillips 66 stock on January 15, 2026.
How many Phillips 66 (PSX) shares does Lisa Ann Davis beneficially own after this transaction?
After the reported grant, Lisa Ann Davis is shown as beneficially owning 12,490 shares of Phillips 66 common stock, which the footnotes state includes 1,423 RSUs. The ownership is reported as held directly.
What are the terms of the RSUs granted to the Phillips 66 (PSX) director?
The footnotes describe the award as an annual grant to non-employee directors of Restricted Stock Units that convert to Phillips 66 common stock on a 1-for-1 basis. Each RSU represents one share of common stock upon conversion.
Was this Phillips 66 (PSX) Form 4 transaction a purchase or a sale on the open market?
The transaction is coded as A for an acquisition of common stock tied to an annual RSU grant for a non-employee director. It is reported as a compensation-related award, not an open-market sale or discretionary trade.
Is the Phillips 66 (PSX) director’s RSU grant reported as direct or indirect ownership?
The Form 4 indicates the direct (D) ownership form for the 12,490 shares beneficially owned after the transaction, and no footnote disclaims beneficial ownership or shifts it to another entity.