Phillips 66 (PSX) CEO Mark Lashier granted 29,148 RSUs in stock award
Rhea-AI Filing Summary
Phillips 66 Chairman and CEO Mark E. Lashier reported an equity award of 29,148 shares of common stock on February 10, 2026. The award, coded as an acquisition grant, was valued at an average price of $156.70 per share, based on that day’s high-low average.
After this grant, Lashier directly beneficially owned 110,532 shares, which include 86,991 restricted stock units that each convert into one Phillips 66 share. He also reported indirect beneficial ownership of 15,628 shares held by a SLAT and 15,628 shares held by a family trust.
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FAQ
What did Phillips 66 (PSX) report about Mark E. Lashier’s recent share award?
Phillips 66 reported that Chairman and CEO Mark E. Lashier received an equity award of 29,148 common shares on February 10, 2026. The shares were granted as part of an acquisition-type award, expanding his directly beneficially owned position in the company’s stock.
At what price were Mark E. Lashier’s new Phillips 66 shares valued?
The 29,148 shares granted to Mark E. Lashier were valued at an average price of $156.70 per share. This price reflects the average of the high and low trading prices of Phillips 66 stock on February 10, 2026, the grant date.
How many Phillips 66 shares does Mark E. Lashier own after this Form 4 transaction?
After the reported grant, Mark E. Lashier directly beneficially owned 110,532 Phillips 66 shares. This total includes 86,991 restricted stock units that settle into common stock on a one-for-one basis, tying a substantial portion of his holdings to equity awards.
What restricted stock units (RSUs) are included in Mark E. Lashier’s Phillips 66 holdings?
Lashier’s direct holdings include 86,991 restricted stock units in Phillips 66, including the 29,148 RSUs reported in this Form 4. Each RSU is designed to settle into one share of Phillips 66 common stock, aligning his compensation with future share performance.
What indirect Phillips 66 share ownership did Mark E. Lashier report?
Mark E. Lashier reported indirect beneficial ownership of 15,628 Phillips 66 shares held by a SLAT and 15,628 shares held by a family trust. These indirect positions are reported separately from his directly owned shares and reflect ownership through related entities.