Glenn F. Tilton receives annual RSU stock grant at Phillips 66 (NYSE: PSX)
Rhea-AI Filing Summary
Phillips 66 director Glenn F. Tilton reported receiving an annual equity grant in the form of company stock. On January 15, 2026, he acquired 1,423 shares of Phillips 66 common stock at a price of $140.56 per share, reported as an average of the high and low trading prices that day. The award represents restricted stock units (RSUs) that convert into common stock on a one-for-one basis for non-employee directors.
Following this grant, Tilton beneficially owned a total of 74,437.0903 shares of Phillips 66 common stock in direct ownership, which includes 37,997.0903 RSUs accumulated through prior awards and routine dividend-related transactions that are exempt under Rule 16a-11.
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FAQ
What insider transaction did Phillips 66 (PSX) disclose for Glenn F. Tilton?
Phillips 66 (PSX) disclosed that director Glenn F. Tilton acquired 1,423 shares of common stock on January 15, 2026 as part of his annual non-employee director equity grant.
What was the price for the Phillips 66 (PSX) shares in Glenn Tilton's Form 4 filing?
The reported price for the 1,423 Phillips 66 shares was $140.56 per share, which is stated as the average of the high and low trading prices on January 15, 2026.
How many Phillips 66 (PSX) shares does Glenn F. Tilton own after this transaction?
After the reported transaction, Glenn F. Tilton beneficially owned 74,437.0903 shares of Phillips 66 common stock in direct ownership.
What type of equity award did Glenn Tilton receive from Phillips 66 (PSX)?
Glenn Tilton received an annual grant of Restricted Stock Units (RSUs) for non-employee directors, which convert to Phillips 66 common stock on a 1-for-1 basis.
How many RSUs are included in Glenn Tilton's Phillips 66 (PSX) holdings?
The filing states that his holdings include 37,997.0903 RSUs, which also reflect shares acquired through routine dividend transactions exempt under Rule 16a-11.
Is Glenn F. Tilton a director or officer of Phillips 66 (PSX) in this filing?
In this Form 4, Glenn F. Tilton is identified as a director of Phillips 66 and is not listed as an officer or 10% owner.