Phillips 66 filings document the regulatory record of an integrated downstream energy company with common stock listed on the New York Stock Exchange under PSX. Recent 8-K reports furnish quarterly operating and financial results, preliminary financial guidance, segment-related metrics, derivative and mark-to-market disclosures, dividend actions and business updates across refining, midstream, chemicals, marketing and renewable fuels.
The company's filings also cover material financing arrangements, including term loan agreements and amendments to receivables facilities, as well as direct financial obligations and off-balance-sheet financing structures. Proxy materials disclose annual meeting matters, board composition, committee assignments, executive compensation, shareholder voting items and governance practices.
Phillips 66, through its subsidiary Phillips 66 Company, entered into a new 364-day term loan credit agreement for $2.25 billion on March 18, 2026. The entire amount was borrowed at closing and matures 364 days after that date. Borrowings bear interest at either Term SOFR plus a 1.100% margin or a reference rate plus a 0.100% margin, and are subject to covenants including a maximum consolidated net debt-to-capitalization ratio of 65%. The company can prepay the loan at any time without penalty.
On March 13, 2026, Phillips 66 Company also amended its accounts receivable securitization program. The amendment increased the maximum facility size from $1.25 billion to $1.75 billion and allows its special purpose entity to request a future increase up to $2.0 billion. Together, these steps expand the company’s short-term liquidity and financing flexibility.
Phillips 66 director Howard I. Ungerleider received an equity award of 949 restricted stock units (RSUs). These RSUs convert into Phillips 66 common stock on a 1-for-1 basis, representing a prorated portion of the annual board grant for a new director. The filing reflects this compensation-related acquisition rather than an open-market purchase. Following this grant, Ungerleider’s reported direct holdings consist of 949 RSUs and corresponding shares tied to this award, based on the average of the high and low stock price on March 16, 2026.
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.
Phillips 66 director Lisa Ann Davis reported an open-market sale of 3,800 shares of Phillips 66 common stock on March 13, 2026. The shares were sold at a weighted average price of $174.3730 per share in multiple transactions priced between $174.33 and $174.51.
After these sales, Davis directly owns 8,701.1768 shares of Phillips 66 common stock, which includes 1,434.1768 Restricted Stock Units that settle into Phillips 66 common shares on a 1-for-1 basis.
Phillips 66 Executive Vice President Brian Mandell exercised stock options for 42,800 shares of common stock at $89.57 per share and then sold 42,800 shares at a weighted average price of $169.527 per share. After these transactions, he directly held 61,594.9177 shares of Phillips 66 common stock. This remaining position includes 22,182 restricted stock units that will settle into shares on a one-for-one basis.
Form 144 notice for PSX: Morgan Stanley Smith Barney LLC submitted a Form 144 proposing the sale of 3,800 shares of Common Stock listed on the NYSE. The filing attributes the shares to restricted stock vesting under a registered plan with lot details tied to specific vesting dates.
Vesting lots shown are 1,524 shares vested 01/16/2024, 592 shares vested 01/17/2023, and 1,684 shares vesting 01/15/2025
Phillips 66 director Howard I Ungerleider filed an initial insider ownership report on Form 3. The filing lists him as a director but does not report any transactions in Phillips 66 securities, indicating that this document is a baseline disclosure rather than a record of recent trading activity.
Phillips 66 director Kevin Omar Meyers has filed an initial ownership report showing he directly holds 15,500 shares of Phillips 66 common stock. This Form 3 filing is an ownership disclosure and does not report any new purchase or sale transactions.
Phillips 66 expanded its Board of Directors from 14 to 16 members and appointed Kevin O. Meyers and Howard I. Ungerleider as independent directors, effective immediately. Meyers’ term runs until the 2027 annual meeting, while Ungerleider’s term runs until the 2026 annual meeting.
Both new directors joined the Board’s Audit & Finance Committee and the Public Policy and Sustainability Committee. To keep the three director classes balanced as required by company governance documents, Grace Puma Whiteford was reclassified as a Class I director with a term expiring at the 2028 annual meeting.