Phillips 66 director acquires 94 PSX shares via RSU election
Phillips 66 (PSX) director reported an equity acquisition.
Rhea-AI Filing Summary
Phillips 66 (PSX) director reported an equity acquisition. On 11/03/2025, the director acquired 94 shares of common stock, tied to an election to receive Restricted Stock Units (RSUs) in lieu of the annual cash retainer. The filing lists a reference price of $136.755, the average of the high and low on that date.
Following this transaction, the director beneficially owned 29,806.8108 shares directly, including 11,206.8108 RSUs that convert to common stock on a 1‑for‑1 basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 94 shares
Grant/Award
1 txn
Insider
HAYES GREGORY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 94 | $136.755 | $13K |
Holdings After Transaction:
Common Stock — 29,806.8108 shares (Direct)
Footnotes (3)
- F1. The reporting person elected to receive Restricted Stock Units (RSUs) in lieu of his annual cash retainer, which retainer is paid in monthly installments. RSUs convert to Phillips 66 common stock on a 1-for-1 basis.
- F2. The price reflected above is the average of the high and the low price of Phillips 66's common stock on November 3, 2025.
- F3. Includes 11,206.8108 RSUs 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 did PSX’s director report on Form 4?
A purchase of 94 shares of Phillips 66 common stock on 11/03/2025 linked to an RSU retainer election.
How many RSUs are included in the director’s holdings?
Holdings include 11,206.8108 RSUs, each settling into one PSX share on a 1‑for‑1 basis.
What was the nature of the compensation election?
The director elected RSUs in lieu of the annual cash retainer, with retainers paid in monthly installments.
What is the relationship of the reporting person to PSX?
The filer is a Director of Phillips 66 and filed as one reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.