[Form 4] PHILLIPS 66 Insider Trading Activity

Rhea-AI Filing Summary

The Form 4 shows Director Gregory Hayes purchased 8,350 shares of Phillips 66 (PSX) on 08/14/2025 at a reported price of $119.90 per share. Following the purchase, Mr. Hayes beneficially owns 29,423.1347 shares, which includes 10,823.1347 Restricted Stock Units that convert 1-for-1 into common stock. The filing was signed by an attorney-in-fact on behalf of the reporting person. No options or other derivative transactions are reported.

Positive

• Director purchase of 8,350 shares at $119.90 demonstrates insider equity accumulation
• Post-transaction ownership disclosed, including 10,823.1347 RSUs that convert 1-for-1 to common stock

Negative

• None.

Insights

Financial Analyst

TL;DR: Director purchased 8,350 shares at $119.90, slightly increasing insider ownership; transaction appears routine and not material to company capital.

The purchase by a director increases insider alignment with shareholders and represents direct equity accumulation rather than derivative exposure. The resulting holding of ~29.4k shares, including ~10.8k RSUs, is disclosed clearly. There are no accompanying derivative transactions or unusual structures reported. Given the size relative to Phillips 66 market capitalization, this is unlikely to move valuation metrics but signals insider confidence at a personal level.

Corporate Governance Expert

TL;DR: Governance disclosure is complete for this transaction; relationship as Director is disclosed and RSU conversion is noted.

The Form 4 properly identifies the reporting person as a Director and discloses the acquisition code and post-transaction beneficial ownership, including the composition of RSUs that convert 1-for-1. The filing was executed via attorney-in-fact, with signature present. No amendments or multiple reporting persons are indicated. This is a standard insider purchase disclosure with no governance red flags in the text provided.

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
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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^*

HAYES GREGORY

(Last) (First) (Middle)

2331 CITYWEST BLVD.

(Street)

HOUSTON TX 77042

(City) (State) (Zip)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

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

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

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

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	08/14/2025		P		8,350	A	$119.9	29,423.1347(1)	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. Includes 10,823.1347 Restricted Stock Units that convert to Phillips 66 common stock on a 1-for-1 basis.

Remarks:

	/s/ William H. Bald, as Attorney-in-Fact	08/14/2025
	** 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.

FAQ

What transaction did Gregory Hayes report for PSX?

He reported a purchase of 8,350 shares of Phillips 66 common stock on 08/14/2025.

At what price were the PSX shares purchased?

The reported purchase price was $119.90 per share.

How many Phillips 66 shares does Gregory Hayes beneficially own after the transaction?

He beneficially owns 29,423.1347 shares following the reported transaction.

Does the Form 4 disclose any restricted stock units or derivatives for PSX?

Yes. The filing states it includes 10,823.1347 Restricted Stock Units that convert 1-for-1 into common stock; no derivatives are reported.

What is Gregory Hayes' relationship to Phillips 66 in the filing?

He is listed as a Director of Phillips 66.