Phillips 66 (PSX) EVP reports 319 shares withheld for FICA taxes in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phillips 66 executive reports routine share withholding for taxes. A Phillips 66 (PSX) executive vice president of refining reported that on 12/10/2025 the company withheld 319 shares of common stock to cover FICA tax obligations, at an average price of $141.3725 per share. After this transaction, the executive directly holds 32,301 shares of Phillips 66 common stock, plus 6,621.814 shares held indirectly through the Phillips 66 Savings Plan and 40 shares held indirectly through a son. The report notes that the indirect holdings include shares accumulated through a 401(k) plan and routine dividend transactions, and that the total also includes 21,000 restricted stock units that will settle into Phillips 66 common shares on a 1-for-1 basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Harbison Richard G
Role
EVP, Refining
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 319 | $141.3725 | $45K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 32,301 shares (Direct);
Common Stock — 6,621.814 shares (Indirect, By Phillips 66 Savings Plan)
Footnotes (1)
- Transaction represents the withholding of shares by the Issuer to satisfy FICA taxes. The price reflected above is the average of the high and the low price of the Company's stock on December 10, 2025. Includes 21,000 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis. Includes shares acquired through ongoing acquisitions under a 401(k) plan and/or routine dividend transactions that are exempt under rule 16a-11.
FAQ
What insider transaction did Phillips 66 (PSX) report in this Form 4?
The Form 4 reports that a Phillips 66 executive vice president of refining had 319 shares of common stock withheld by the company on 12/10/2025 to satisfy FICA tax obligations.
Does this Phillips 66 (PSX) Form 4 include restricted stock units (RSUs)?
Yes. The holdings include 21,000 restricted stock units that will settle into Phillips 66 common stock on a 1-for-1 basis.