Phillips 66 (NYSE: PSX) EVP trades 4,086 shares in 10b5-1 plan
Rhea-AI Filing Summary
Phillips 66 EVP, GC and Secretary Vanessa Allen Sutherland reported selling a total of 4,086 shares of Phillips 66 common stock in open-market transactions on July 20 and 21, 2026, under a Rule 10b5-1 trading plan adopted on March 17, 2026. The sales covered 563 shares at prices ranging from $211.00 to $211.03 per share and 3,523 shares at prices ranging from $211.00 to $211.05 per share, based on weighted average pricing across multiple trades. Her reported holdings include 22,620 Restricted Stock Units that settle into Phillips 66 common stock on a one-for-one basis.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 4,086 shares
Net Sell
2 txns
Insider
Sutherland Vanessa Allen
Role
EVP, GC and Secretary
Sold
4,086 shs ($7.44B)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F5, F4, F3 | 3,523 | $2,110,482.00 | $7.44B |
| Sale | Common Stock F2, F1, F3 | 563 | $211.0082 | $119K |
Holdings After Transaction:
Common Stock — 27,537 shares (Direct)
Footnotes (5)
- F1. The reported sale of 563 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2026.
- F2. The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.00 to $211.03. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3. Includes 22,620 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
- F4. The reported sale of 3,523 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2026.
- F5. The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.00 to $211.05. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Total shares sold: 4,086 shares
Shares sold on 2026-07-20: 563 shares
Shares sold on 2026-07-21: 3,523 shares
+4 more
7 metrics
Total shares sold
4,086 shares
Net shares sold in reported transactions by Vanessa Allen Sutherland
Shares sold on 2026-07-20
563 shares
Open-market sale under Rule 10b5-1 trading plan
Shares sold on 2026-07-21
3,523 shares
Open-market sale under Rule 10b5-1 trading plan
Price range 2026-07-20 sale
$211.00–$211.03 per share
Weighted average price across multiple transactions
Price range 2026-07-21 sale
$211.00–$211.05 per share
Weighted average price across multiple transactions
Restricted Stock Units
22,620 units
RSUs that settle into Phillips 66 common stock on a 1-for-1 basis
Rule 10b5-1 plan adoption date
March 17, 2026
Date the trading plan governing these sales was adopted
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, weighted average price, open market or private transaction
4 terms
Rule 10b5-1 trading plan financial
"The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Units financial
"Includes 22,620 Restricted Stock Units that settle for shares of Phillips 66"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported above is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sales did Phillips 66 (PSX) report for Vanessa Allen Sutherland?
Phillips 66 reported that EVP, GC and Secretary Vanessa Allen Sutherland sold a total of 4,086 shares of common stock. The transactions occurred on July 20 and 21, 2026 in open-market trades executed under a Rule 10b5-1 trading plan.
Were the recent Phillips 66 (PSX) insider sales by Vanessa Allen Sutherland under a Rule 10b5-1 plan?
Yes. Both reported sales by Vanessa Allen Sutherland occurred automatically under a Rule 10b5-1 trading plan. The plan was adopted on March 17, 2026, and the filing also checks the Rule 10b5-1 plan affirmation box.
What ongoing equity interests in Phillips 66 (PSX) are disclosed for Vanessa Allen Sutherland?
Her reported holdings include 22,620 Restricted Stock Units that settle into Phillips 66 common stock on a 1-for-1 basis. These RSUs are separate from the shares sold and represent additional equity-linked compensation in the company.
What is Vanessa Allen Sutherland’s position at Phillips 66 (PSX) in this Form 4?
The reporting person, Vanessa Allen Sutherland, serves as Executive Vice President, General Counsel and Secretary of Phillips 66. The reported transactions therefore reflect stock activity by a senior executive officer of the company.