Director at Phillips 66 (NYSE: PSX) adds to 16,799-share stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phillips 66 director Kevin Omar Meyers completed an open-market purchase of common stock. On May 6, 2026, he bought 175 shares of Phillips 66 common stock at $173.125 per share. Following this transaction, he directly holds 16,799 shares of common stock.
This direct position includes 949 Restricted Stock Units, which settle into Phillips 66 common stock on a 1-for-1 basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 175 shares ($30,297)
Net Buy
1 txn
Insider
Meyers Kevin Omar
Role
null
Bought
175 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 175 | $173.125 | $30K |
Holdings After Transaction:
Common Stock — 16,799 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 175 shares
Purchase price: $173.125 per share
Total direct holdings: 16,799 shares
+1 more
4 metrics
Shares purchased
175 shares
Open-market purchase on May 6, 2026
Purchase price
$173.125 per share
Open-market purchase of Phillips 66 common stock
Total direct holdings
16,799 shares
Common stock held directly after the transaction
Restricted Stock Units
949 RSUs
Settle into Phillips 66 common stock on a 1-for-1 basis
Key Terms
open-market purchase, Restricted Stock Units, common stock
3 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Restricted Stock Units financial
"Includes 949 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.
common stock financial
"Common Stock is listed as the security title for the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.