Phillips 66 (PSX) EVP Brian Mandell awarded 7,244 stock units at $156.70
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phillips 66 executive Brian Mandell reported an equity grant of 7,244 shares of common stock on February 10, 2026. The acquisition was recorded at $156.70 per share, described as the average of the high and low trading prices that day.
Following this grant, Mandell beneficially owns 61,594.9177 Phillips 66 shares, held directly. This total includes 22,182 restricted stock units, including the 7,244 units from this award, which each settle into one share of Phillips 66 common stock on a 1-for-1 basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mandell Brian
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,244 | $156.70 | $1.14M |
Holdings After Transaction:
Common Stock — 61,594.918 shares (Direct)
Footnotes (1)
- The price reflected above is the average of the high and the low price of the Company's stock on February 10, 2026. Includes 22,182 Restricted Stock Units (RSUs), including the 7,244 RSUs reported on this Form 4, that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
FAQ
What did Phillips 66 (PSX) executive Brian Mandell report in this Form 4?
Brian Mandell reported receiving a grant of 7,244 Phillips 66 common shares on February 10, 2026. The award was recorded at $156.70 per share and increased his directly held beneficial ownership to 61,594.9177 shares, including restricted stock units settling 1-for-1 into common stock.
What type of transaction did Brian Mandell disclose for Phillips 66 (PSX)?
The filing shows an acquisition transaction coded as a grant, award, or other acquisition. Mandell received 7,244 shares of Phillips 66 common stock, treated as restricted stock units, which are scheduled to settle into an equal number of common shares on a 1-for-1 basis.
What do the restricted stock units (RSUs) reported by Phillips 66 (PSX) executive Brian Mandell represent?
Mandell’s holdings include 22,182 restricted stock units that settle into Phillips 66 common stock on a 1-for-1 basis. This total includes the newly granted 7,244 RSUs, effectively tying part of his compensation to the company’s share performance through future share delivery.