Phillips 66 director buys shares, receives RSU grant
Phillips 66 director Kevin Omar Meyers increased his equity stake through a compensation grant and an open-market purchase.
Rhea-AI Filing Summary
Phillips 66 director Kevin Omar Meyers increased his equity stake through a compensation grant and an open-market purchase. He received 949 Restricted Stock Units (RSUs) that convert into Phillips 66 common stock on a 1-for-1 basis as a prorated annual grant for joining the board. He then bought 175 shares of common stock in an open-market transaction at a price of $173.20 per share. After these transactions, he directly holds 16,624 shares of Phillips 66 common stock, which includes 949 RSUs that will settle in shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 175 | $173.20 | $30K |
| Grant/Award | Common Stock | 949 | $172.8375 | $164K |
Footnotes (3)
- F1. Grant of Restricted Stock Units (RSUs) that convert to Phillips 66 common stock on a 1-for-1 basis. This is a prorated amount of the annual grant to reflect the new director joining the board.
- F2. The price reflected above is the average of the high and the low price of the Company's stock on March 16, 2026.
- F3. Includes 949 RSU that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Phillips 66 (PSX) director Kevin Omar Meyers report?
What is the nature of the 949 RSUs granted to Phillips 66 (PSX) director Kevin Omar Meyers?
Are Kevin Omar Meyers’ Phillips 66 (PSX) holdings direct or through another entity?
How is the value of the RSU grant to Kevin Omar Meyers for Phillips 66 (PSX) determined?
AI-generated analysis. How Rhea-AI works. Not financial advice.